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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Philippines - hybrid rice seed subsidy to be removed
Prior to his departure as Secretary of the Philippine Department of Agriculture (DA), Domingo F. Panganiban announced that the GRP’s subsidy on hybrid rice seeds would be removed in the last quarter of 2007. The hybrid rice seed subsidy has reportedly cost the GRP an estimated P3 billion ($60 million) in the past five years and was introduced to encourage the use of superior rice seeds. The DA had attributed its use as the primary reason the increasing rice harvests in recent years. The level of subsidy currently is at roughly half (P1,200 per bag) the price per bag good for one hectare (P2,500).
As reported in RP6006, the high cost of hybrid rice seeds is a major reason for the relatively slow adoption rate of farmer-cooperators under the DA’s hybrid rice program – the program aimed at achieving rice self-sufficiency. Without the subsidy, adoption of the technology is expected to be constrained further and prospects of self-sufficiency in rice significantly dampened. Mr. Panganiban had earlier projected that rice self-sufficiency (95 percent) could possibly be attained by 2009.
MGR Archive 26.11.2006
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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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