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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Argentine Wheat Exports Down by Nearly Half
After climbing to a record last year, Argentina’s wheat exports in the 05/06 trade year are expected to fall by nearly half. Old crop exports in the past few months have been down significantly compared to last year as a result of a drop in stocks stemming from very strong marketing in the months after last harvest. New crop exports are also expected to be sharply lower as dryness at planting has shrunk area and production to the lowest levels in a decade.

With steady domestic consumption, this smaller exportable supply will likely limit the amount of exports going to destinations outside South America. Brazil alone typically buys over 5 million tons of Argentine wheat and flour, against total exports this year of only 7 million tons. This situation is creating opportunities for competitor exports in markets that purchased large amounts of low-priced Argentine supplies last year. These include Egypt (a record 1.6 million tons last year), other Mediterranean and East African markets, as well as Asian markets such as Sri Lanka and Bangladesh.
MGR Archive 16.11.2005
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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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