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 Export prices
Market Tone

Export prices for most grades of rice remained unchanged. Exchange rate fluctuation is still a major concern among exporters. Some quotations were based on 34 baht/U.S.$, as compared to current exchange rate of around 34.4 baht/U.S.$. Meanwhile, new enquiries for premium white rice and fragrant rice are coming from Iraq and Asian countries, respectively. However, the sizeable second-crop harvest increased domestic supplies of white rice and fragrant rice. In addition, the government intervention program for the second crop is not attractive. Farm-gate prices were only 300-400 baht/ton (U.S. $8-12/MT) lower than the intervention prices, which were set at 6,500 baht/ton for 5% grade white rice paddy, as compared to 7,000 baht/ton in the previous year. As of May 21, 2007, the Government bought only 752,445 tons of paddy, far below the target of 2.5 million tons.
MGR Archive 31.5.2007
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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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