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. projecting lower price for rough rice for 2005/06 season
The 2005/06 U.S. season-average farm price (SAFP) is projected at $7.55-$7.85 per cwt, down 10 cents on both the high and low end from last month but still above the final estimate of $7.33 for 2004/05. This month’s downward revision was based on reported monthly cash prices through mid-February (weighted by marketings) and expectations regarding price movements for the remainder of the market year. In February, USDA raised the January cash price to $7.67 per cwt from a preliminary $7.40 and reported a preliminary price of $7.73 for February. The February preliminary price is the highest since September 2004.
Price quotes for long grain rough rice are down slightly from a month earlier across the South. In the Delta, for the week ending March 7, long grain rough rice was quoted around $7.60 per cwt, down from $7.89 a month earlier. Prices in Texas for long grain rough rice for the week ending March 7 were quoted at $8.50 per cwt, down a few cents from a month earlier and 15 cents below mid-February prices. In Southwest Louisiana, prices were quoted at $8.03 per cwt, down 15 cents from February 7. Plantings have recently begun on the Gulf Coast.
Prices for California’s medium grain rough rice for the week ending March 7 were quoted at $11.80 per cwt, unchanged from early January but up more than $5 from the beginning of August. This year’s higher prices are due to a much smaller California crop and tight global supplies of medium grain rice until the 2005/06 Australian rice harvest is complete this spring. The bulk of California rough rice is sold under pooling contracts whereby the final payment to growers is determined by the average price received for the milled rice. The actual price growers receive is not determined until after the end of the market year when all of the milled rice from that crop is sold. Prices for medium grain rough rice in the Delta were quoted at $9.33 per cwt for the week ending March 7, down more than 20 cents from a month earlier.
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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