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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Bulgaria Grain and Feed Market Update
Wheat

Wheat harvest started around June 23 and is progressing well due to favorable weather. Harvested area as of July 3 was 12% (119,000 HA), average yield 4.3 MT/HA (510,000 MT) which leads to total production of 4.3 MMT. According to farmers, as of July 20, wheat harvest progress varied from 35% to 99% in various regions or an estimated average of 60%. (Note: No official crop figures are released yet). See average reported yields by regions in Table#1.

About 40%-50% of wheat meets feed quality standards with reported bug damages (low W). The other half of the crop, however, much more than the usual 30%, is good milling wheat. According to the Association of grain producers, there is an increasing number of buyers (flour mills and traders) who try to manipulate lab test to show lower quality in order to push prices down.

Wheat production (industry estimates):

- planted area 1.0 million HA -1.11 million HA; - production: 3.76 MMT- 4.3 MMT (there are also some very optimistic estimates for 4.5 and 5.0 MMT).

Barley

Barley harvest started around June 16 and as of July 3 was 81% completed (166,000 HA) with average yield of 4.1 MT/HA (686,000 MT) which leads to total production of 700,000 MT. As of July 20, farmers reported 99% harvested areas. See average reported yields by regions in Table#1. Quality is very good, 64-65 kg/hl specific weight. Reportedly, about 25% of the crop is malting quality barley. Local needs of brewing industry are for 120,000-150,000 MT which will leave some malting barley export surplus. Barley production (industry estimates): – planted area: 206,000 HA -250,000 HA ; - production: 692,000 MT – 930,000 MT

Corn

Hot and dry weather in the first 3 weeks of July (pollination and flowering period) was critical for corn development and slightly reduced the crop potential. However, temperatures were not record high and there were scattered showers which helped to soften the negative effect. According to a recent MinAg survey, 65% of corn area was fertilized and 80% was treated with herbicides. Most industry estimates are for 324,000 HA-350,000 HA planted area, and production of 1.25-1.42 MMT.
MGR Archive 5.8.2008
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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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