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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Feed grain supplies down 4%, use up 4%
The U.S. Department of Agriculture’s (USDA) Economic Research Service released a report July 14 that said farmers reduced plantings of most feed grains in 2006-07 in reaction to high input prices and lower prices than the previous year. Continuing strong demand for ethanol and food uses plus strong expected exports and only slightly reduced feed and residual use has strengthened total use and lowered ending stocks.

Ending stocks are expected to decline 45% compared with a year earlier, to a more manageable 31.4 million tonnes. Feed and residual use in 2005-06 was raised 100 million bushels and exports were raised 25 million. In 2006-07, foreign coarse grain production, consumption and ending stocks are little changed this month.

U.S. feed grain production in 2006 is projected at 287 million tonnes, up 4 million from a month ago but down 11.1 million from 2005. The June 30 acreage report showed planted acres increased from earlier intentions for maize, were unchanged for oats, while sorghum and barley acres declined. The first survey based production forecast for barley was down 15 million bushels from the previous projection, which was based on trend yields and expected plantings, and oats was down 10 million bushels to a record low. The USDA will make its first survey-based forecasts for maize and sorghum in August.

Feed grain supply in 2006-07 is projected at 347 million tonnes, up 1.2 million from last month, but down 12.8 million tonnes from 2005-06. Feed grain production was up 4 million tonnes from last month, but down 11.1 million from last year.

Imports are also expected to be up slightly from last month and last year.

Beginning stocks were decreased 3 million tonnes this month to 56.8 million because of larger 2005-06 expected exports and feed and residual use.
MGR Archive 24.7.2006
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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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