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 declined
Market Tone

Export prices declined by $1-2/MT due to continued weakening Thai baht to around 33.7 baht/$U.S., compared to last weeks average of 33.5 baht/$U.S. Exchange rate uncertainties remain a major concern among exporters. Despite this weeks weakening, exporters feel the baht could reach 32 baht/$U.S. unless the Government intervenes with financial controls. As a result, many exporters have been focusing their business on sub-contracting from the Government-to- Government deals in order to reduce their exposure to exchange rate risk. Ongoing exchange rate fluctuations have made trading quiet as both buyers and seller are waiting for the baht to stabilize.
MGR Archive 8.8.2007
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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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