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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Brazil Grain Update
Corn Production

Post lowered its 2008/2009 overall corn production forecast to 49.5 million tons due to lower first crop production. Dry conditions severely impacted yields of first crop corn in key growing regions. As a result Post reduced its first crop corn production forecast to 32.5 million tons and kept its second crop production forecast unchanged at 17 million tons.

Rice

Post increased 2008/2009 rice crop production forecast to 8.2 million tons based on reports of excellent yields in Rio Grande do Sul, the largest rice growing state. In spite of the high cost of inputs, dry weather in Rio Grande do Sul, and floods in Santa Catarina, production is expected to remain at the same level as last year’s. Yields are estimated at 4.2 kg per hectare, a level above the five-year average
MGR Archive 1.3.2009
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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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