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. ending stocks for rice down 28%, farm prices highest since 1997/98
The first projection for the 2006/07 U.S. rough rice crop is 205 million hundredweight (cwt), an 8-percent decline from a year earlier. The smaller crop is the result of a 12-percent decline in area more than offsetting a higher yield. Total U.S. supplies are projected at 257.3 million cwt (rough rice basis), down 7 percent from a year earlier. At 34.3 million cwt, beginning stocks are 9 percent below a year earlier. Imports are projected at a record 18 million cwt, up almost 13 percent from 2005/06.
Total use of U.S. rice in 2006/07 is projected at 232.7 million cwt, 4 percent below a year earlier.
Exports are projected at 103 million (rough equivalent of fully milled, brown, and rough rice), a decrease of 11 percent. Both long and medium/short grain exports are projected to decline in 2006/07. Total domestic use (including the residual, or unreported losses in handling, processing, and marketing, plus any statistical errors) is projected at a record 129.7 million cwt. U.S. ending stocks of all rice for 2006/07 are projected at 24.6 million cwt, down 28 percent from a year earlier. The 2006/07 U.S. season-average farm price is projected at $9.00-$9.50 per cwt, up from $7.60-$7.80 a year earlier and highest since 1997/98. Tighter U.S. supplies and slightly higher global trading prices are behind expectations of U.S. stronger prices.
MGR Archive 16.5.2006
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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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