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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Australia's agri-business sector may face consolidation
A NEW round of takeover activity is expected to flare in the nation's $10 billion grains industry when the Federal Government announces a decision on the future of wheat-export marketing in the next month.

Grain companies AWB, GrainCorp, CBH and Adelaide's ABB Grain are expected to be involved.

Callum Downs market analyst Malcolm Bartholomaeus says he fully expects a new wave of takeover and merger activity.

Some firms were ''probably not big enough in their own right to do what they currently do plus be major players in the wheat market (and) they may have to look at reorganising their capital base to lift their capability . . . both in terms of their tonnage and geographic spread''.

Reliance on just grain marketing, storage and handling was fading.

The rationalisation of grain companies began in the 1990s with several mergers and some operators listing on the share market to raise funds.

It also led several to diversify their business bases into the broader rural sector with wool handling, merchanding, insurance and finance divisions.
MGR Archive 9.4.2007
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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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