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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 INCO Terms
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Commodity Exchange
Search in news database
Korean farmers' protest keeps US rice off shelves
The shipment of 1,372 tonnes of US No1 rice will be auctioned tomorrow, but retailers and supermarket chains are staying away as they worry they will be the target of protests if they sell the American product.

The shipment arrived about two weeks ago at the southern port of Pusan, where hundreds of farmers clashed with police outside the gates when it arrived.

It has been sent to a warehouse near Seoul and is guarded by police.

Farmers, who have a record of violent protests, are angry at the US imports and vow to mount demonstrations at each step along the way for the rice shipment in South Korea.

According to the state-run Korea Agro-Fisheries Trade Corporation, which brought the rice to the country, about 40 distributors will take part in the bidding at the auction.

The prospective bidders are mostly wholesalers or companies making processed foods.

Big supermarkets and retailers will not be there, and even some wholesalers are looking to do deals as discretely as possible.

"I'm afraid of being beaten to death by farmers," said the owner of a rice wholesaler in Seoul.

The US rice will likely end up at restaurants, served to consumers who do not know they are eating the imported food or go to places that make processed food, officials said.

One leading retailer said the idea of bidding on the rice was never considered. "We didn't want to risk ruining our brand value due to the possible protests from farmers," said an official at Shinsegae, a top South Korean discount store chain.

Farmers claim that the US rice will destroy their livelihoods. But some consumers hope that imports may eventually lead to lower prices for a key staple.

Parliament approved a deal last year to open the market slightly for foreign imports and allow for the first direct sales to consumers.

The move began the process that led to the US rice arriving in Pusan. Other foreign rice has arrived, but it has only been used for processed foods.
MGR Archive 5.4.2006
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:

  © 2002 All rights reserved. - Legal Notice