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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China wheat prices mostly stable
WHEAT prices in China's major producing regions were mostly stable in the week to last night but lower in some areas as farmers increased their sales volumes. Wheat prices in Xinyang in major producer Henan province were at CNY1,680 a metric ton, stable from a week ago.

Wheat prices in Ji'ning in Shandong province were also around CNY1,680/ton, down CNY10-CNY20 from a week before.

Earlier state purchases of wheat in Henan province were big and farmers don't have much stocks on hand.

As a result, wheat prices in the area were decided by the government's regular auctions, said traders.

The government sold 276,987 tons of wheat it bought under the minimum purchase price program, or 78 per cent of the 355,400 tons it planned to sell.

However, farmers in areas such as Hebei and Shandong provinces have a lot of stocks and were more willing to sell their wheat due to higher prices, said Hai Yang, an analyst at Zhengzhou Esunny Information & Technology Co.

Meanwhile, flour demand didn't pick up significantly, although the traditional high consumption season is approaching.

Farmers will be reluctant to sell wheat if prices are heading lower, as they know that the government's supporting policies will help push up prices, said analysts.

The National Development and Reform Commission said last month that the government will buy wheat from the new crop in 2009 at prices 13%-15.3% higher than those offered during the current season.
MGR Archive 4.11.2008
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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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