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US Medium Grain Market Update
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Medium/short-grain accounts
for the bulk of the stocks buildup, with ending stocks projected to increase 127 percent
this year to 18.2 million cwt.
California milled rice prices have
remained stable over the last month after dropping about 20 percent since August in
the face of a bumper U.S. harvest.
Combined medium/short-grain production is forecast at 65.7 million
cwt, 30 percent larger than a year earlier and the largest since 1981/82. Much of the
increase in medium/short-grain production this year is due to a large increase in
plantings in the South, with Arkansas accounting for most of the southern mediumgrain
area expansion.
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| Region |
Type |
Price |
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| USA |
Bengal Rice |
N/A |
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| USA |
Calrose #1 |
$725 |
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| USA |
Calrose #1 Paddy |
$445 |
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| Egypt |
101 #2 |
N/A |
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| EU Prices |
Baldo |
€ 870 |
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