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China s 2005/06 winter wheat acreage forcast to remain steady
The acreage under winter wheat crops across China in the 2005-06 crop year is estimated at 21.46 million hectares, basically unchanged from the figure for the previous year, according to the Chinese Ministry of Agriculture.

The progress in sowing autumn and winter grain crops, mainly wheat, this year has largely been usual as in previous years, the ministry said.

The ministry added that the government has increased the subsidies for fine strains of wheat from 100 million yuan (US$12.4 million) last year to one billion yuan this year, and they will benefit 11 provinces, up from six in 2004. Accordingly, the acreage under high quality wheat crops will account for 54 per cent of the total winter wheat crop acreage, up 5.8 percentage points over the figure for 2004.

This means China can still expect bigger a wheat crop next year if weather and other conditions are normal.
MGR Archive 27.12.2005
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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