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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Climate change to slash Australian farm exports
Australia is one of the world's biggest exporters of wheat, beef, sugar and dairy, with global demand for the commodities growing fast. But the country's agricultural production appears set to become one of the worst affected by climate change.

The report, released Thursday by the government's chief rural forecaster, the Australian Bureau of Agricultural and Resource Economics, predicts Australian farm exports will plummet during the first half of this century, with wheat down 15 percent, beef 33 percent, dairy 27 percent, and sugar 79 percent.

This is expected to coincide with a global drop of wheat, beef, sugar and dairy production of up to 11 percent by 2050.

"This is a wake-up call for everybody, that the economic costs of not dealing with climate change are far more than making the investment now," Burke told Sky News.

The problem had been compounded in part because of the previous conservative 11-year government's denial about climate change.

Other countries have been planning for climate change and are becoming more efficient. By 2030 Australia is looking at a 63 percent decline in our exports from agriculture.
MGR Archive 10.12.2007
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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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