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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Australian rice production
Australian rice production for 2007/08 is forecast at 1.1 MMT, up on the revised estimate of 1.0 MMT for the previous year. Steadily improving reserves of irrigation water are likely to see production increase during the forecast year. Despite the significant increases in production over the past three years, the 2007/08 forecast remains representative of the long-term average. Severe drought, which began in 2002/03, resulted in dramatic production declines.

According to industry sources, the past three years has seen much restructuring in the Australian rice industry. This restructuring is believed to have significantly lowered the productive capacity of the Australian rice industry. Production in the order of 1.0 MMT is now believed to be close to full productive capacity under current conditions.

Australian rice exports are forecast 501,000 MT, nearly double the previous year. Substantial increases in forecast production combined with an improved stocks situation are likely to see exports increase to a level more reflective of the longer-term average
MGR Archive 26.3.2006
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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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