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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Russian Wheat Export Tariff Raised
The Russian government published a decree Friday, December 28, 2007, raising the export tariff on wheat and meslin to 40% ad valorem, but not less than 105 Euro per metric ton, effective 30 days from publication to April 30, 2008. The decree appeared on the websites of the Russian government and the official newspaper, Rossiyskaya gazeta. The original Russian text can be seen on those two websites: 2007/12/28/2474635.htm The grain trade anticipated either a prohibitive export tariff or an outright export ban as part of the Russian government’s effort to contain food price inflation and to support the livestock sector. Traders actually would have preferred a ban, as that would have permitted them to invoke force majeure clauses of contracts. Given high world prices, wheat exports will continue briskly until the new tariff goes into effect. Barley exports have already largely come to a halt due to a 30% ad valorem tariff imposed earlier.
MGR Archive 9.1.2008
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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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