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- (-) Rice
- (-) January 2015
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Export prices declined around 1 percent in anticipation of the government’s announced tender of approximately 1 million metric tons.
MY 2014/15 wheat consumption and imports remain unchanged at 3.7 million and 3.9 million tons respectively.
Over late 2014, prospects for Australian winter grains crops worsened as a result of continued dry weather. Both yields and the volume of production were affected.
Export prices remain unchanged due to quiet trading while traders are waiting for new tender of government’s rice stocks which may take place by the end of January 2015.
On December 24, 2014, Taiwan awarded partially 9,100 MT of the first 2015 U.S. rice Country Specific Quota (CSQ) Simultaneous-Buy and Sell (SBS) tender.
The United States won contracts totaling 60,067 MT (milled) of rice, worth $62 million, under the 2014 Minimum Market Access agreement.
Favorable weather conditions throughout Mexico’s crop producing regions have resulted in higher production expectations in marketing year (MY) 2014/15 for corn and rice.
Export prices for most grades of rice are basically unchanged from the previous week except for fragrant rice.
Export prices increased 1 to 2 percent due to tighter domestic supplies while the G-to-G rice shipments continued.
Monthly report on crop acreage, yield and production in major countries worldwide. Sources include reporting from FAS’s worldwide offices, official statistics of foreign governments....
This monthly report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in grains.
Export prices remain unchanged due to inactive trading during the holiday season.