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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Egypt Wheat imports
Based on the pace of imports through the first half of the marketing year, total imports are expected to reach 7.3 million tons in 2006/07, followed by another slight increase in 2007/08.

Although U.S. market share has increased in 2006/07 relative to the previous year, U.S. market share continues to lag well below levels of a few years ago. From the beginning of 2005/06 through the end of January 2007, U.S. exports accounted for 17 percent (1,247,600 tons) of wheat imports; the remainder was imported from Russia, Argentina, France, and Australia. This compared with 14 percent (760,000 tons) market share during the same period in 2005/06. The slight increase was due to the increased competitiveness of U.S.

wheat prices at some of the government tenders. However, this market share level is well below levels (between 55 and 65 percent) as recently as 4 years ago.

Egypt’s wheat sources are becoming increasingly diverse, and Russia continues to be a favored supplier as exemplified by these recent sales: In a tender, dated January 27, 2007, GASC purchased 30,000 tons of wheat from Russia at a reported price of $193.45/ton FOB and 120,000 tons from the U.S. at a reported price of $177.79/ton FOB for deliveries through the first half of March 2007; for the same tender, GASC purchased 55,000 tons of Russian wheat at reported price 218/ton C&F; in December 2007, the private sector purchased 121,541 tons of wheat from Russia at a reported price of $210/ton C&F, 31,595 tons from Ukraine at a reported price of $200/ ton C&F, and 25,000 MT from Syria at reported price $205/ton C&F.

For 2007/08, wheat imports are not expected to vary significantly from the 2006/07 level, with GASC projected to import nearly 4.6 tons, and the rest to be imported by the private sector. An increased number of private sector mills will be eligible to mill 82 percent flour for the government for fees.
MGR Archive 13.3.2007
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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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