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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2005 a record-breaking year for world rice economy
2005 was a record breaking year for the world rice economy, according to the UN Food and Agriculture Organization (FAO).

"For the third consecutive season, global paddy production experienced a brisk expansion, which lifted it to an all time high of 628 million tonnes," according to the report. "Growth reflected relatively favorable weather conditions in Asia, western Africa and South America and the positive effects of high prices in 2004, which had fostered a general increase in plantings."

Based on a first and very tentative forecast, global paddy production in 2006 could rise to 634 million tonnes, 6 million or 1% more than in 2005. However, forecasts will remain highly tentative, at least until August/September, when more information on the South-West monsoon in Asia will be available.

With regard to trade, tight domestic supplies in a number of countries confronted with production shortfalls in 2004 prompted a surge of global imports in calendar 2005 to a record volume of 29 million tonnes.

For calendar 2006, forecasts have been lifted to 27.8 tonnes, but they remain 4.1% lower than in 2005. The contraction from last year's exceptional performance is anticipated to be mainly import-driven, as demand by several major importing countries is expected to weaken, according to the report.
MGR Archive 13.4.2006
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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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