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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Indonesian rice production estimated to reach 21 millioms ton in June
Jakarta (ANTARA News) - The Agriculture Ministry estimates that national rice production from January to June this year will reach 21 million tons or 30 percent of the target set at 58.1 million tons of dried hulled rice.

Agriculture Minister Anton Apriyanto said here on Friday with production reaching the level he estimated there would be a surplus of four million tons if national consumption was around 16-17 million tons.

"Harvests now are good. If no extreme condition occurs, production will be sufficient," he said on the sidelines of a meeting on development of the government`s work plan.

He said harvests were still in progress in several regions and in some other regions replanting had already begun so that there would again be harvests in July and August.

Regarding a delay in the 2006=2007 planting season that may threaten this year`s production, the minister said that it was on the contrary beneficial in terms of harvests.

With the planting season delayed by three months, harvests would not occur at the peak of the rainy season so that they would be good and they would also happen several times during the year.

He however admitted the drought-related delay had caused the overall rice cultivation acreage to shrink by 300,000 hectares.

"The shrinkage however has been covered by a rise in planting areas of 250,000 hectares in February-March 2007," he said.

According to the minister, realization of planting areas reached 1.46 million hectares in February, up from the target of 1.21 million hectares.

He said in March the target of planting areas was set at 923,470 hectares but the realization reached 987,900 hectares.

Based on all that, he said there would be no reasons for Bulog (National Logistics Agency) not to absorb farmers` rice.

If there were enough rain in May to June, he was optimistic production would be like last year, moreover harvests were expected to be good in July-August.

"In view of that, we will encourage farmers to immediately carry out planting while water is abundant to anticipate a possible drought this year," he said.

Regarding the relatively small volume of farmers` rice Bulog had so far bought up beause the price had exceeded the level set by the governmet, the minister said a field survey had shown that a lot of farmers` rice was being sold at below the standard price.

He said the government had set the farmers` rice that would be sold above the standard price would reach 90 percent of production during the harvest season and only 10 percent of it would be below the standard.

"If Bulog is able to buy the 10 percent it would be enough to meet supply need from home," he said.

He said Bulog`s inability to buy farmers` rice during the harvest season was because Bulog did not conduct direct purchases but through its partners who also bought rice from middlemen.

"We hope Bulog will buy rice directly from farmers," he said
MGR Archive 6.5.2007
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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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