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
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India Govt can import wheat up to 5 mn tonne to build stock
India, the world's second-largest producer of wheat, could import between 3-5 million tonnes of the foodgrain this year to bolster its buffer stock for meeting any exigencies. "I have to make it clear that on one side we will procure but on the other we will have to build up stocks as we need to have them in emergency," Agriculture Minister Sharad Pawar told reporters here. "This is to protect against any deficit monsoon in any state or other exigencies. To build stocks we could import between 3-5 million," he added. Pawar, who was speaking on the sidelines of a workshop on contract farming, said the buffer stock situation in current year was comfortable as it had exceeded the stipulated 4 million tonnes by 0.5 million tonnes. "Last year, the buffer stock position was only two million tonnes, this time it is 4.5 million tonnes. That's why I am quite comfortable about the buffer stock. But I want to build up stocks for next year," Pawar 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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