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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
Bulgaria To Consider Importing Grain to Lower Surging Domestic Prices
Economy Minister Petar Dimitrov will propose to the cabinet that the country import grain in order to lower surging domestic prices resulting from unfavourable weather, the Bulgarian government said on Tuesday.

"The situation will be handled by imports of the needed amount at acceptable prices, including [imports] from non-European Union member states," it said in a statement.

A shortage of maize could be overcome through Hungary's intervention stores or through imports from Ukraine, the statement added.

Under the EU's intervention system, farmers can sell wheat, barley and maize to publicly funded stores for a fixed price. Bulgaria joined the EU in January.

Prices of wheat in the country have more than doubled on the year to some 400 levs ($281.5/204.8 euro) per tonne. A snowless winter followed by unusually dry spring weather damaged grain sowings in most of southeast Europe this year.

Bulgarian farmers have harvested 2.2 million tonnes this year, below expectations and significantly less than last year's harvest of 3.2 million tonnes of wheat. Some 150,000 tonnes of wheat are left from last year's harvest.

"This quantity is enough for keeping the grain balance of the country for food, fodder and seed," the government said.

Bulgaria traditionally exports significant quantities of wheat to the EU. But the drought-hit country had one of its smallest crops in decades in 2003. A meagre 2.0 million tonnes harvest prompted it to unlock 200,000 tonnes of wheat from the state reserves and import grain to avert a steep rise in politically sensitive bread prices.
MGR Archive 9.8.2007
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice