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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Thai Market Update
Market Tone

Export prices for most grades of rice continued to increase despite a reduction in domestic prices. The increase reflected exporters ongoing concern over exchange rate fluctuations. The Thai baht strengthened further to 34.65 baht/U.S.$. Some quotations are based on 33.5 baht/U.S.$ resulting in higher offer prices by another U.S. $2-3/MT. In addition, the possibility of a stronger Thai baht in the near future cooled domestic rice trading activities, leading to a drop in domestic rice prices by around 1 percent from the previous week. The delivery of premium white rice to Iran under the Government-to-Government sales continued this week. A third shipment of around 30,000 tons is scheduled to be loaded March 25 – April 5, 2007. By the beginning of next month, the Government will have delivered approximately 130,000 tons of the first Government-to-Government sales of 200,000 tons of premium white rice for February – May to Iran.
MGR Archive 25.3.2007
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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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