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
China may face grain shortages of 4.8 mln tons in 2010
China faces the possibility of a 4.8 million ton grain shortage in 2010, almost 9 percent of the country's grain consumption, according to the Study Times, a newspaper affiliated to the Party School of the Central Committee of the Communist Party of China.

If the prediction is accurate, the country will significantly undershoot its grain security target according to which domestic supplies must make up 95 percent of needs.

The supply of domestic grain will be insufficient for the next 15 years, making the country increasingly reliant on imports and putting upward pressure on grain prices, said the report.

It is difficult for China to raise grain output because arable land shrank from 131 million hectares in 1996 to 123 million hectares in 2005 and the trend is hard to reverse.

Grain prices on the domestic market will be affected by fluctuations on the international market as China continues to be a net importer of grain. Trade in grain has grown rapidly since the country entered the World Trade Organization.

Rising grain prices are creating a knock-on effect for other prices. Food, in which grain is a key component, represents a third of China's consumer price index (CPI).

Last year, grain prices grew one percent in January, 3.7 percent in October and 4.7 percent in November when the CPI jumped 1.9 percent, the highest rise of the year.

But it is not all bad news. The report claims that higher grain prices will be tempered by a seven-year record high grain output of 490 billion kilograms in 2006, not to mention the 50 billion kilograms of grain reserves, said the report.
MGR Archive 28.1.2007
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