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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Global rice production for 2005/06 is projected at 406.8 million tons (milled basis),
Global rice production for 2005/06 is projected at 406.8 million tons (milled basis), up slightly from last month’s forecast and more than 1 percent larger than a year earlier. Global rice consumption in 2005/06 is projected at 413.9 million tons, down fractionally from last month’s forecast and 1.5 million tons below a year earlier. Global ending stocks for 2005/06 are projected at 65.8 million tons, up 1.2 million from last month’s forecast but 7.1 million tons below a year earlier. Ending stocks would be the smallest since 1982/83. Ending stocks were raised this monthfor Thailand, Pakistan, and Australia. On a year-to-year basis, China accounts for the bulk of the reduction in global ending stocks. This is the fifth consecutive year of declining global ending stocks, with China accounting for most of the 5-year decline. At 15.9 percent, the stocks-to-use ratio is up fractionally from last month but down from 17.5 percent a year earlier and the lowest since 1974/75.

Three exporters account for the bulk of this month’s increase in global rice production. First, Pakistan’s rice production was raised 400,000 tons to a record 5.4 million tons based on a higher yield. Australia’s 2005/06 crop was raised 250,000 tons to 715,000 due to a much higher area forecast. Harvested area is forecast at 115,000 hectares, up 40,000 from last month’s forecast and well above 48,000 hectares a year earlier. This year’s much higher area forecast is the result of increased availability of irrigation water following above-average spring rainfall. The crop is 484,000 tons larger than a year earlier. Thailand’s 2005/06 production forecast was raised 100,000 tons to 17.9 million based on a higher yield. The crop is fractionally below the 2003/04 record.

In addition to these three exporters, Turkey’s 2005/06 crop forecast was raised 41,000 tons to 366,000 based on larger area. Partially offsetting these upward revisions was a 29,000-ton drop in the Dominican Republic’s production forecast to 246,000 tons due to a much lower yield caused by hurricane-related flooding.
MGR Archive 18.12.2005
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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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