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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Farm groups nix US bid for deeper WTO cuts: sources
WASHINGTON (Reuters) - The Bush administration sought agreement from U.S. farm groups for a 70 percent cut in their most trade-distorting subsidies as a way to save world trade talks but was rejected, industry sources said on Tuesday.

However, discussions between the two sides on how Washington might offer trading partners more concessions on less trade-distorting "blue box" supports -- such as spending caps on specific product payments -- were better received, said the sources, who spoke on condition of anonymity after talks with U.S. trade officials.

Member countries of the World Trade Organization are running out of time to reach agreement on the so-called Doha Development Round, launched in 2001 with the aim of lifting millions out of poverty by slashing global trade barriers.

Talks have stalled repeatedly on the subject of farm trade, where poor nations insist progress must be made first for their primary exports before they will agree to open fledgling services and industry markets.

A senior U.S. trade official told Reuters: "In the last couple of weeks we've been talking to the various groups about ... what other countries are asking us to do, and that does include some who are asking for deeper cuts in the amber box, 70 percent or more. We have explained to them the requests ... and we didn't have any sympathetic hearing on the deeper cuts."

On the subject of agreeing product caps in blue box spending, the official said: "It's been tough. What other countries are looking for is quite aggressive and I don't think we've solved that one yet."

FINAL PUSH

WTO chief Pascal Lamy on Tuesday said a deal to cut tariffs and subsidies in farm and industrial goods must be reached by the end of June. Ministers are due to meet in Geneva starting June 26 for a final push.
MGR Archive 4.6.2006
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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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