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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China grain production 5,1% up
China's summer grain production is predicted to reach 101.25 million tons this year, an increase of 5.1 million tons or 5.1 per cent as compared with last year, according to the latest monitoring report on the market development trends of wheat, maize, rice, soybean, cotton, oil-bearing seed and sugar crop released by the Ministry of Agriculture on August 19.

According to the report, the wheat production in the summer harvest is predicted to grow about 5 per cent, and the purchasing price of wheat in the main wheat-sowing area in July equaled that of the previous month with a slight rise, putting an end to the decline for four consecutive months, but it was still lower as compared with the year-earlier period.

China imported 2.754 million tons of wheat in the first half of this year, up 1.42 per cent year on year; and exported 93,000 tons, down 83.27 per cent. Thus it scored a net import of 2.661 million tons.

Due to the increase in production and decrease in export, the additional wheat supply will increase moderately. Meanwhile the consumption will drop, but the additional supply will fail to meet the demand of consumption. The amount of wheat kept in stock will fall, but the decline will be smaller than last year. And the ratio of stock to consumption stays in a safe range.
MGR Archive 23.8.2005
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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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