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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Aust wheat price surges on back of international season
Aust wheat price surges on back of international season

Tuesday, 06/06/2006

There is finally some good news for grain growers today, with international competition driving a big surge in wheat prices for the 2006-07 season.

AWB has released its first price estimates for wheat delivered to the national pool next harvest, with the benchmark Australian Premium White Wheat sitting at $222 a tonne, up $30 on last season.

National Pool manager David Johnson says while prices can still change, Australia is in a good position to capitalise on lower world production figures.

"We have a much stronger fundamental story around hard wheats in particular at the moment, with the US hard red winter crop experiencing some production difficulties," he said.

"There's no doubt it's not only the US that the market's focused on, we're just getting into harvest in Europe, and we've had harvest in North Africa and Middle Eastern countries so we're just starting to really build the northern supply picture so the pool will move fairly freely with the market."
MGR Archive 7.6.2006
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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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