Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

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CA Rice marketer expands
American Commodity Co.'s purchase of Great Western Growers will give American more control over quality and standards for its customers, said Chris Crutchfield, American's president.

"This will give us the ability to custom mill our rice for our specific customers, for our standards and quality," said Crutchfield.

The two companies have been working closely for a number of years with Great Western, serving as one of American's main contract mills. American owns a small drying and storage facility in Robbins and contracted out most of its milling prior to buying Great Western.

Al Montna, a prominent Sutter County farmer and American's chairman of the board, said the move would also increase profitability.

"This is a perfect fit for both our companies," Montna said. "A win win situation for everyone involved."

Great Western will retain its staffing and operate as a division of American. The two companies combined will employ 30.

Bob Watts, Great Western's CEO, said in a prepared statement that he looked forward to working even more closely with American.

Crutchfield said American will not expand its capacity with the deal. American markets 7 to 10 percent of California rice, said Crutchfield, or about 280 million pounds annually. About half is sold in the United States and half overseas.

American is acquiring Great Western assets including a rice mill, dryer and warehouse in Williams; a rice dryer and warehouse in Willows; and a small trucking operation, CWG Trucking.

Price of the acquisition was not disclosed. The deal was completed Friday.
MGR Archive 14.8.2005
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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