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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Russian and Ukrainian wheat trying to get hold of Egyptian market
Russian and Ukrainian wheat trying to get hold of Egyptian market

According to the opinion of traders and analysts of industry associations who have been inquired by APK-Inform, Russian wheat in this season is pushing off traditional suppliers of grain to the Egyptian market.

The data of Russian Grain Union show that in August 2005 a quarter of Russia's total wheat exports went to Egypt. Traders and millers, working on the markets of Arabian countries, believe that in 2005/06 MY Russia might supply about 2 million tonnes of wheat to the Egyptian market.

For all that, the positions of Russia's main competitors on the Egyptian market - France, Australia and the US - are very strong and Russia will have to have to do its best to rip its bit of the market from western suppliers of grain.

The situation with Ukrainian grain is more difficult. According to market insiders and analysts, Ukraine will still have to go a good deal of the way that Russia has already had past. The reasons for this are numerous: for one thing, quality of Ukrainian grain is traditionally lower. Besides, the amount of crop in this country is extremely weather-sensitive…
MGR Archive 6.11.2005
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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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