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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
Japan, Korea, China Set to Boost Asean's Emergency Rice Reserve
Nov. 22 (Bloomberg) -- Japan, South Korea and China may join Asean's emergency rice reserve program, boosting by more than five times the stocks available to the group's members should they be affected by calamities, an official said.

The reserve may be increased to as much as 500,000 metric tons next year from 87,000 tons this year, Gregorio Tan, the Philippine National Food Authority administrator, said today in an interview. The Philippines holds this year's rotating chairmanship of the ten-nation grouping.

Global rice production may increase to 634 million tons in 2006, the United Nations said on Apr. 7. Still, inventories of the world's most important crop are near a 26-year low and will drop further, according to the U.S. Department of Agriculture.

``The contribution from China, South Korea and Japan will be a big help for countries devastated by calamities,'' Tan said.

The reserve, which was established in 1979, is made up of rice stocks held in each of the member countries that are earmarked for emergency distribution within Asean should the need arise, according to information on the group's Web site. The rice may be accessed by countries that require food after an ``extreme and unexpected natural or man-made calamity.''

Asean, which stands for the Association of Southeast Asian Nations, comprises Indonesia, Malaysia, Singapore, Thailand, Myanmar, Laos, Cambodia, Vietnam, Brunei and the Philippines. Thailand and Vietnam are the world's top two rice exporters.
MGR Archive 23.11.2006
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice