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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Will Thai government stop supporting rice prices?
Thailand had a coup in 2006, and the bears in Asia are saying this changes everything. Will the Thai government stop supporting prices? What will happen to prices?

After another Thailand coup in 1992, the price of rice plunged over the following 12 months. But the price fell because the Vietnamese government jumped into the market, dumping rice in 1992 and in 1993.

Now the opposite is the case, Vietnamese prices are rising; they are running out of rice and may have lower production this year and next. I believe prices will be up in 2006-2007.

Thailand is not alone in supporting higher rice farm prices. India, China and Indonesia have all gotten on the rice support bandwagon.
MGR Archive 3.10.2006
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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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