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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Lower crop in Egypt this year against bigger domestic consumtion.
Today Egyptian Minister of Agriculture announced following figures for rice crop year 2005/2006: - the cultivated area 1`100.000 feddans ( last year we have 1`800.000 feddans )
- final harvested paddy in amount of 5`600.000 mtons
out of which we are expecting production of 3`700.000 tons white rice – domestic consumption of 2`800.000 mtons, and exportable quantity in amount of 900.000 mtons.
But general opinion is that exports will remain same as last crop year – 1`000.000 mtons.

Did you know?
Till 1968 rice in Egypt was consumed only in Mediterranean area of Alexandria, Damieta, Port Said.
After 1968 Egyptian government decided to give 1 kg of rice per person to entire Egypt as aid to the people. In the very beginning people were trading with the rice. But very soon after they taste it they start to consume on regular bases. Till 1968 exports at level of 700`000 mt and production half then today.
After 1968 cultivation area was increased with opposite tendency – higher domestic consumption and lower exports.
Since 7 years exports were less then 500`000 mt annually. Last CY we face exports of 1 MIO mt, with domestic consumption of 150`000 mt/month. For tjis crop year, Egyptain gov expects domesitc consumption to grow to 230`000 mt / month.
MGR Archive 16.10.2005
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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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