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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Russia's 2007 grain crop forecast is lowered
Executive Summary

Russia's grain crop forecast is lowered to 78.0 million metric tons (mmt), including 44.3 mmt of wheat, 17.1 mmt of barley, and 4.8 mmt of corn, due to spring/early summer drought in the major spring grain producing regions south of Volga Valley and in Rostov oblast. The grain exports forecast is 11.8 mmt, including 10.1 mmt of wheat, 1.5 mmt of barley, and 200,000 tons of corn.

Production

Russia’s grain crop estimate has fallen to 78.0 mmt, including 44.3 mmt of wheat, 17.1 mmt of barley, and 4.8 mmt of corn. The decrease is due to a drought in some important grain producing regions, specifically in Volgograd and Orenburg oblasts, and in southern Rostov oblast. Drought has primarily affected spring grains. The situation in other regions of Russia has not been much different from last year, with total grain production output in European Russia is forecast slightly lower than last year. Expectations of average to better than average yields in Siberia and Urals are based on the assumption that fall weather in these regions will be normal, or better than normal. Unfavorable weather during the harvest period in these regions will result in the further decrease in the total grain yield. The Russian Ministry of Agriculture’s grain production estimate for 2007 is 76.0 mmt. Experts’ estimates of the grain harvest vary from 74.0 mmt to 79.0 mmt.

The total area sown for spring grains is estimated at 31.0 million hectares (ha), 1.15 million hectares fewer than in 2006. The biggest decrease of spring grain area was in the Volga Valley Federal district – with an 820,000 ha reduction, including a 100,000 ha decrease in the Bashkortostan republic area, and 250,000 ha reductions in both Saratov oblast and Orenburg oblast.

Harvested winter grain area will be higher than last year, the result of much better survival of winter grain crops. The total harvested area for 2007 grain is estimated to be between 43.4 million ha and 43.8 million ha1.

Winter grain yields are forecast to be the same as last year, but yields of spring grains will be lower than average in the major grain producing territories of European Russia.
MGR Archive 22.8.2007
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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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