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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Brazil Rice Update
Post lowered the 2005/06 production forecast by 500,000 tons to 11.5 million tons, which is down 1.7 million tons (15 percent) from last year. Area is forecast at 3.4 million hectares for a yield of approximately 3.4 tons per hectare. Post forecasts that the largest fall in production will be seen in Mato Grosso where contacts believe the area decline should be between 30 and 50 percent. Post forecasts a 35 percent fall in area to 575,000 hectares and production down to just 1.5 million tons. Production in Mato Grosso has been strong in recent years due to a trend of increasing yields as a result of improved varieties and better production practices. Another important factor in recent expansion is that costs of production in Mato Grosso are about 30 percent less than in RS and thus a shift to the Center-West has occurred. In fact, during a recent visit with rice producers, Post was informed that producers in southern Brazil see Mato Grosso as more of a long-term threat than production in Argentina and Uruguay. Rice producers in Mato Grosso benefit from lower transport costs, compared to RS and Santa Catarina, to consumption centers in the Northeast, which is the only region in Brazil experiencing an increase in consumption of rice. This is particularly important as Mato Grosso depends on shipping outside the state with only 200,000 tons of the state’s 2.2 million tons of production consumed in the state. Furthermore, rice industry investment in mills and infrastructure is increasing with about R$50 million invested last year. As a result, milling capacity in Mato Grosso has increased from 900,000 tons in 2001 to over 1.7 million tons in 2005.
MGR Archive 9.10.2005
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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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