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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Brazil Rice Update
Despite a reduction in area planted to rice in the South of Brazil, rice production is not expected to change significantly in the coming year, as farmers in the Central West Region shift land out of soybeans and into cotton or rice, either of which are more profitable at current domestic prices.

Between March 2005 and September 2006, CONAB increased government stocks of rice from a reported 3,200 tons (mt) to approximately 870,000 mt. Nearly 90 percent of those stocks are held in Rio Grande do Sul and Mato Grosso. Since the end of September, CONAB has offered at auctions in various states around the country more than 87,000 mt of rice and will auction another 60,000 mt in Rio Grande do Sul on November 9. Post expects the GOB to continue to offer rice for auction and, if it is considered necessary to keep prices stable, to utilize its transportation subsidy to shift stocks to deficit areas.

Brazil should be able to meet the rest of its domestic needs with imports from Uruguay, Argentina, and Paraguay. All are expected to have good crops in the coming year, unlike in 2002/03, the last time Brazil purchased rice from the United States. Any additional rice will likely come from Vietnam, which is already reported to have sold 100,000 mt of rice to Brazil.
MGR Archive 12.11.2006
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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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