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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HRW wheat exports up for 10%, SRW wheat down each 5 MIO
No changes are made to U.S. 2005/06 supply and demand forecasts, leaving ending stocks at 530 million bushels, which is down just 10 million from the previous year. Relative to last month, Hard Red Winter (HRW) exports are up 10 million bushels, while Soft Red Winter (SRW) and Durum exports are each down 5 million.
Ending stocks of HRW fall to 175 million bushels, the smallest since 1996/97, and SRW and Durum stocks each rise 5 million. This month, the projected 2005/06 price range is narrowed 5 cents on each end to $3.25 to $3.55 per bushel, compared with $3.40 for 2004/05.

Global wheat production in 2005/06 is up nearly 3 million tons from last month; consumption, exports, and imports are little changed, but ending stocks are up 2 million tons. Foreign production is larger due primarily to bigger crops in EU-25, Saudi Arabia, Australia, Turkey, and Argentina; partially offset by smaller crops in Russia and Brazil.
Projected global imports are down fractionally due to lower imports by Turkey, Saudi Arabia, and Norway. Imports by Brazil and South Korea are up. Forecast exports decline for Ukraine and Iran, but increase for Turkey and Argentina.

Global consumption is little changed from last month. The largest month-to-month consumption increases occur in feed use in Brazil, Australia, and South Korea partially offset by lower consumption in Russia and Argentina. Global 2005/06 wheat ending stocks rise 2.1 million tons, from last month, to 139.5 million, but are down nearly 10 million from the previous year. Compared to last month, the largest increases in foreign stocks are in EU-25, Ukraine, Iran, Saudi Arabia, and Australia. The largest reductions occur in Russia and Brazil.
MGR Archive 14.11.2005
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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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