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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Rice prices expected to inch down, UN food agency says
OME -- Soaring world rice prices may begin to drop amid excellent production prospects this year, but overall food prices that have set off protests around the world will probably remain high, a U.N. food agency said Thursday.

Global rice market conditions could ease as new crops are harvested around the world, said the Rome-based Food and Agriculture Organization. However, price pressure will remain high at least until October or November, when most of this year's paddy crops will reach the market.

"One thing is to say prices will come down, which is already happening for many products," Abdolreza Abbassian, an FAO economist, said during the presentation of the agency's Food Outlook report. "Another is to say they will be low. No, they won't be low."

Escalating food prices have triggered protests around the world in recent months. The United Nations has blamed a range of factors -- high oil prices, growing demand, bad trade policies, bad weather, panic buying and speculation.
MGR Archive 25.5.2008
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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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