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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Pea market report - Canada / May
The amount of snow and rain Canada has received the past two weeks has halted seeding operations on the prairies. There were some areas in West Central Saskatchewan that were plagued with extremely dry soil conditions and the snow has been a welcome sight. A farmer from Rosetown have indicated that without the moisture it would have been too dry to get the crop started. That would have had a huge impact especially on the lentil and canary seed acres.

For the most part, it looks like seeding will not resume until at least the middle of May in most areas. That means the earliest we can expect harvest is the end of August. So timelines will be similar to last year as far as deliveries go. Of course this prediction is based on the weather straightening out so seeding can start this week. And having a normal kind of summer. If not, harvest will be later than normal, and the chances of poorer grades increase substantially.

Pea markets continue to slide. We have not seen a lot of demand from the buyers because they are waiting for stability in prices. Right now there are more peas than buyers. As usual the wild card is the grower – will he sell at these prices or will he hold out to see what the new crop brings? That remains to be seen.

Green peas are currently trading in the 5.00 to 5.50 range delivered to the plant. Yellows are a dollar per bushel less trading between 4.00 and 4.50. At these prices farmers will not have much incentive to grow peas. I expect a 15% to 20% drop in pea acres this year. Although with the carry over there may still be a large number of peas for sale.

MGR Archive 18.5.2010
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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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