Your Newsletter For Global Rice Prices & NewsApr 29, 2013

Your Newsletter For Global Rice Pric

es & NewsApr 29, 2013
Oryza U.S. Rough Rice Recap – Quiet Market as Domestic Buyers Drop Bids Amid a Lack of Sellers
The U.S. cash rice market was mostly quiet today as domestic buyers dropped their bids while sellers were extremely difficult to find. As of now, most farmers have no interest in marketing their rice as their main focus continues to be centered around getting their crop in the ground while others...
http://oryza.com/content/oryza-us-rough-rice-recap-%E2%80%93-quiet-market-domestic-buyers-drop-bids-amid-lack-sellers

Apr 29, 2013
Oryza U.S. Rough Rice Recap – Quiet Market as Domestic Buyers Drop Bids
The U.S. cash rice market was mostly quiet today as domestic buyers dropped their bids while sellers were extremely difficult to find. As of now, most farmers have no interest in marketing their rice as their main focus continues to be centered around getting their crop in the ground while others...
http://oryza.com/content/oryza-us-rough-rice-recap-%E2%80%93-quiet-market-domestic-buyers-drop-bids

Apr 29, 2013
The Million Dollar Question – How Much Rice Does China Really Have?
Agricultural leaders from the G-8 countries (the U.S., Canada, France, Germany, Italy, Japan, Russia and the U.K.) and the World Bank have assembled in a two-day conference in Washington today to help build a global platform to make reliable agricultural information freely available to help avert...
http://oryza.com/content/million-dollar-question-%E2%80%93-how-much-rice-does-china-really-have

Apr 29, 2013
Oryza Afternoon Recap – Chicago Rough Rice Futures Continue Lower, Despite Rally Across Grains; Corn Limits Extended in Response to Today’s Rally
Chicago rough rice futures for July delivery settled 15 cents per cwt (about $3 per ton) lower at $14.920 per cwt (about $329 per ton). Rough rice futures began the week on a bearish noted. Despite trading to double digit gains in early morning trading selling interest quickly picked up and...
http://oryza.com/content/oryza-afternoon-recap-%E2%80%93-chicago-rough-rice-futures-continue-lower-despite-rally-across

Apr 29, 2013
Oryza Rice Currency Analysis for Today – Euro Rallies on Ideas of Continued U.S. Monetary Easing
U.S. dollar index was down-0.41% from the open today, when it traded at 82.161 at the close.Euro advanced +0.49% to around 1.3095 by end of day, having traded at a low of 1.3021 early in the morning and a high of 1.3116 mid-morning. The common currency ended the day a higher, again mostly on...
http://oryza.com/content/oryza-rice-currency-analysis-today-%E2%80%93-euro-rallies-ideas-continued-us-monetary-easing

Apr 29, 2013
Thailand Rice Exports in January – February 2013 Decline 51% Y/Y to 529,651 Tons
Thailand’s total rice exports during January to February 2013 stood at around 529,651 tons, down about 51% from around 1.07 million tons exported during the same period last year, according to data from the Board of Trade of Thailand. Most of the decline in exports was seen in white rice exports....
http://oryza.com/content/thailand-rice-exports-january-%E2%80%93-february-2013-decline-51-yy-529651-tons

Apr 29, 2013
Rice Production in Southern Vietnam Estimated to Increase 4% in 2012-13
The 2012-13 winter spring rice production in Southern Vietnam is estimated to increase to around 12 million tons, up about 4% from the previous year, according to the Agriculture Ministry. Rice production from the Mekong Delta Region (MDR) alone is expected to increase to around 10.6 million tons...
http://oryza.com/content/rice-production-southern-vietnam-estimated-increase-4-2012-13

Apr 29, 2013
Oryza Overnight Recap – Chicago Rough Rice Futures Recover from Recent Low; Grains Seen Higher in Early Trading
Chicago rough rice futures for May delivery were trading 10 cents per cwt (about $2 per ton) higher at $14.900 per cwt (about $328 per ton) as of 8:30 a.m. Chicago time. The other grains are all seen trading higher this morning: soybeans are currently up about 0.1%, wheat is up about 1.2%, and corn...
http://oryza.com/content/oryza-overnight-recap-%E2%80%93-chicago-rough-rice-futures-recover-recent-low-grains-seen-higher

Apr 29, 2013
IGC Improves 2012-13 Global Rice Trade Forecast to 37 Million Tons
The London-based International Grains Council (IGC) improved the 2012-13 global rice trade forecast this month to around 37 million tons, up about 3% from last month’s estimates of around 36 million tons. The IGC said in its latest report that rice trade will be boosted by continued demand in...
http://oryza.com/content/igc-improves-2012-13-global-rice-trade-forecast-37-million-tons

Apr 29, 2013
India Wholesale Rice Prices Up 10% from Last Year
The average wholesale rice prices in India for April 2013 stand at around Rs. 2,623 per quintal (about $482 per ton), up about 10% from around Rs. 2,375 per quintal (about $450 per ton) recorded for April 2012, according to government sources. Month-on-month, average rice prices have increased...
http://oryza.com/content/india-wholesale-rice-prices-10-last-year

Apr 29, 2013
Asia Rice Quotes Unchanged Today
Vietnam rice sellers are out today due to a national holiday. Other Asian rice sellers kept their quotes unchanged. 5% Broken Rice Thai 5% rice is quoted around $530 - $540 per ton, about a $155 per ton premium over Viet 5% rice last shown around $375 - $385 per ton. Indian 5% rice is quoted...
http://oryza.com/content/asia-rice-quotes-unchanged-today-9

Apr 29, 2013
A Quick Glance at World News - What the Financial Times, Wall Street Journal and New York Times Are Reporting Today
Financial Times–*U.S. President, Barack Obama, has cemented the elevation of trade in his second-term agenda with the expected appointment of his top White House adviser, Michael Froman, on the global economy as the new U.S. trade representative.*Jamie Dimon, chief executive of JPMorgan Chase,...
http://oryza.com/content/quick-glance-world-news-what-financial-times-wall-street-journal-and-new-york-times-are-64

Apr 29, 2013
India Rice Demand May Exceed Production by 4-12 Million Tons in 2016-17, Says Agriculture Minister
India’s position as a top rice exporter may soon be reversed by the end of 12th Five-Year-Plan (2012-17) when the country’s domestic demand for rice of around 110 million tons is expected to exceed rice production by around 4 to 12 million tons, according to the Agriculture Minister. The minister...

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