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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Indonesia signs accords on Thai, Vietnam rice buys
The preliminary agreements on rice imports are part of the government’s previously announced intention to import up to 1.5 million tons of rice this year to stabilize prices.

“We will import 400,000 tons of rice via government-to-government deals and we have had a Memorandum of Understanding with Vietnam and Thailand,” said Diah Maulida, director general of foreign trade at the trade ministry.

“But we may still look at rice imports from other countries such as India, Pakistan and China because they (Thailand and Vietnam) may not have sufficient stocks,” she said.

In December the government announced 500,000 tons of rice imports for 2007, then last week said it would import 500,000 tons more, with an option to double this.

On Tuesday, state logistics agency Bulog said it would hold an auction on March 5 to buy 100,000 tons of rice. Prices of the staple for 220 million Indonesians have been rising in recent months due to a supply shortage before the harvest season in March.

Rice imports are a sensitive issue in Indonesia and have in the past triggered protests in the countryside by farmers who fear imports could depress prices.

The plans for the additional imports came after government stocks were released by Bulog to the market to ease rising prices and for the cheap rice program for the poor.
MGR Archive 25.2.2007
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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