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China to sign deal on resumption of rice imports from Japan
(Kyodo) _ Japan and China will formally agree Wednesday on China's resumption of Japanese rice imports that have been suspended since 2003, Japanese Agriculture, Forestry and Fisheries Minister Toshikatsu Matsuoka said Tuesday. Matsuoka said at a news conference that he is scheduled to meet China's top quarantine official on Wednesday to sign the agreement on the import resumption.

While welcoming the move, Matsuoka said, "We want to resume the export as early as possible."

The first rice shipment is expected to leave Japan in July at the earliest, ministry officials said.

Industry watchers say Japanese rice is expected to attract wealthy Chinese because of its high quality.

China banned imports of rice from Japan in 2003 after insects were found in imported rice. China had imported several tons of rice annually before that

During Matsuoka's visit to China in January, the two countries agreed in principle on the resumption. The formal agreement will coincide with a meeting between Japanese Prime Minister Shinzo Abe and Chinese Premier Wen Jiabao in Tokyo.
MGR Archive 11.4.2007
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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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