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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U.S. medium/short grain supplies are projected to decline 18% in 2005/06
Total U.S. supplies of combined medium/short grain rice in 2005/06 are projected at 62.8 million cwt, up almost 1 percent from last month’s forecast—a result of a higher import forecast—but more than 18 percent below a year earlier. Supplies of medium/short grain rice are the smallest since 1998/99. Imports of medium/short grain rice are forecast at 3.25 million cwt, up 30 percent from last month’s forecast and 21 percent above a year earlier. Imports of medium/short grain rice by Puerto Rico—the largest U.S. territory—account for most of the recent year-to-year fluctuations in U.S. medium/short grain imports. From 2001/02 to 2003/04 Puerto Rico annually imported more than 2 million cwt (rough basis) of medium/short grain rice, with Australia and China supplying the rice. Puerto Rico imported only negligible quantities of medium/short grain rice in 2004/05.

The medium/short grain crop remains estimated at 45.7 million cwt, 26 percent below a year earlier and the smallest since 1998/99.
California accounted for most of the decline in medium/short grain production in 2005/06. Both area and yield were down sharply from a year earlier in California. A cold, wet spring reduced area and delayed plantings in California. Extremely hot weather during the flowering period further reduced the California yield. Beginning stocks of medium/short grain rice are estimated at 13.8 million cwt, up 12 percent from a year earlier. The tight supply situation has sharply boosted U.S. medium/short grain prices in 2005/06.

Total use of medium/short grain rice in 2005/06 is projected at 55.8 million cwt, down 2 percent from last month’s forecast and more than 11 percent below a year earlier. Exports account for all of this month’s downward revision in medium/short grain use. Exports of medium/short grain rice are projected at 23 million cwt, down 1 million cwt from last month and more than 12 percent below the year-earlier record. The Middle East and Oceania account for most of the expected year-to-year decline in U.S. medium/short grain exports. Total domestic and residual use of medium/short grain rice remains projected at 32.8 million cwt, nearly 11 percent below a year earlier.

Medium/short grain ending stocks are projected at 7.0 million cwt, up 33 percent from last month’s forecast but more than 49 percent below a year earlier. Ending stocks of medium/short grain rice are projected to be the smallest since 1998/99. The stocks-to-use ratio is projected at 12.5 percent, up from 9.2 percent last month and well below the 21.9 percent of a year earlier. This is the lowest stocks-to-use ratio for medium/short grain rice since at least 1982/83.
MGR Archive 14.3.2006
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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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