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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U.S. rice production in 2006/07 down about 1.0 million cwt
U.S. rice production in 2006/07 is forecast at 192.3 million cwt, down about 1.0 million cwt from last month. Harvested area remains projected at 2.82 million acres, down 16 percent from a year earlier. The average yield is estimated at 6,811 pounds per acre, down 35 pounds per acre from last month. Long-grain production is projected at 142.9 million cwt, 0.7 million cwt below last month, while combined medium- and short-grain production is estimated at 49.4 million cwt, down 0.3 million cwt. Imports are forecast at a record 18 million cwt, up 0.5 million cwt from revised 2005/06. Domestic and residual use is forecast at 122.8 million cwt, down 2.1 million cwt from last month, but up 3.6 million cwt from revised 2005/06. Total exports are unchanged at 97 million cwt; however, rough rice exports are lowered 2 million cwt to 35 million cwt and combined exports of milled and brown rice are raised 2 million cwt to 62 million cwt (on a rough-equivalent basis). Long- grain exports are lowered 1 million cwt to 75 million cwt, while combined medium- and short-grain exports are raised 1 million cwt to 22 million cwt. Ending stocks of all rice are projected at 33.4 million cwt, 1.6 million cwt above last month. The season-average farm price is projected at $9.00 to $9.50 per cwt, up $0.25 per cwt on each end of the range compared to last month.

Global 2006/07 rice supply and use are little changed from a month ago. World production is lowered slightly primarily because of a decline in Australia (-0.5 million tons), which is nearly offset by an increase for Pakistan (0.4 million tons).
Ending stocks are lowered 0.6 million tons from last month to 78.8 million tons due mainly to reductions for China, EU-25, and Egypt.
MGR Archive 12.10.2006
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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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