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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EU ready to make conditional offer on farm imports at WTO talks
European Community General news
GENEVA (AFX) - EU Trade Commissioner Peter Mandelson is ready to cut duties currently applied to agricultural imports by half to secure a global trade deal, a spokesman for the European Union said today.

"Mr Mandelson said that the EU was ready to cut by at least 50 pct its applied customs duties," an EU spokesman, who declined to be named, told AFP.

However, the offer is conditional on reciprocal concessions from other WTO members, especially the US which must offer greater cuts in farming subsidies.

Until now, the EU had said it was offering to cut import tariffs by 39 pct, while the US had been pressing the Europeans for a 66 pct cut.

According to the Europeans that 39 pct would have translated into an average 46 cut in real terms on tariffs that are actually applied at the EU's borders. Mandelson's proposal would raise the latter figure to 50 pct.

Mandelson met five other key trading powers late last night at the World Trade Organisation.

WTO Director General Pascal Lamy had signalled that he was aiming for a 54 pct decrease, in line with a proposals from the G20 group of emerging and developing nations.

The 149 WTO members are meeting in Geneva to try to revitalise the near five year-old Doha round of talks on liberalising new areas of commerce, which is aimed primarily at harnessing trade for the benefit of developing nations.
MGR Archive 2.7.2006
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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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