Oryza Rice Recap – Thailand Struggles to Move Rice Stocks Amid Creeping Quality Concerns
Thailand rice sellers continue to lower their export quotes, most down about $5 per ton today. Thai quotes may continue to trend lower in the near to medium term as Thailand struggles to offload its surplus of rice stocks in a bearish global rice market.The actions of the Thai government are...

Jul 15, 2013
Oryza U.S. Rough Rice Recap – Crop Conditions Decrease Slightly; Prices Hold Mostly Steady
As of today, old crop offers from farmers increased to around $16.66 per cwt fob farm (about $367 per ton) for July-August shipment while offers from resellers could be found near similar levels however the cost of loading out Chicago Board of Trade warehouse receipts remains more attractive to...

Jul 15, 2013
Oryza Rice Currency Analysis for Today – Brazil Real Up 1.8%; Mexico Peso Up 1%
U.S. dollar index was up +0.08% from the open today, when it traded at 83.060 at the close.Euro was -0.01% weaker today by the close, trading around 1.3066 by end of day, after trading between an intraday high of 1.3085 and low of 1.2994. The currency pair traded very narrowly throughout the...

Jul 15, 2013
Vietnam Exports About 3.56 Million Tons Rice January 1 - July 11, 2013
Vietnam exported about 3.56 million tons rice during Jan 1 - July 11, 2013, at the average price of about $431 per ton FOB during the period, according to data from Vietnam Food Association (VFA).During July 1- July 11, Vietnam has exported about 71,682 tons rice at an average price of about $...

Jul 15, 2013
Philippines to Import Minimum WTO Rice Requirement in 2013
The Philippines will import the 350,000 tons of rice required under its World Trade Organization (WTO) commitments, but will import no more this year, according to the Department of Trade.The 350,000 tons under the WTO commitment have a 40% import duty while tonnage above that threshold faces a...

Jul 15, 2013
Thailand Government Plans to Sell 900,000 Tons Rice Each Month; 350,000 Tons Offered July 26
Thailand's government is planning to sell about 900,000 tons rice (500,000 tons milled rice and 400,000 tons unmilled rice) from its stockpiles each month, Thai Commerce Minister said. Thai Commerce Ministry will start bidding this week for buying milled rice and unmilled rice, according to...

Jul 15, 2013
Vietnam Urged Abandon Third Rice Crop in Mekong Delta
Vietnam should abandon its third rice crop in the Mekong Delta according to a recommendation by Vietnamese and international scientists to the Vietnamese government, according to a piece by Mike Ives published on the blog Yale Environment 360, under the Yale School of Forestry & Environmental...

Jul 15, 2013
Thailand Exports 1.77 Million Tons Rice So Far This Year, Says Thai Chamber of Commerce
Thailand exported about 1.774 million tons rice (excluding white rice under white rice standard (8 grade), Thai Hommali rice, and rice exports through the border), during Jan 1 - July 14, 2013, according to the Thai Chamber of Commerce and the Rice Inspection Committee Thailand. That’s down about...

Jul 15, 2013
Oryza Overnight Recap – Chicago Rough Rice Futures Add to Gains amid Quiet Overnight Session
Chicago rough rice futures for Sep delivery were paused 2.5 cents per cwt (about $1 per ton) higher at $15.230 per cwt (about $336 per ton) as of 8:15am Chicago time. The other grains are seen mixed during this morning break ahead of floor trading in Chicago: soybeans are currently trading about 0....

Jul 15, 2013
Vietnam, Pakistan Rice Sellers Increase Some of Their Quotes; Thailand Rice Sellers Lower Some of Their Quotes
Vietnam rice sellers increased their quotes for 5% broken rice by about $5 per ton to about $385 - $395 per ton today. Pakistan rice sellers increased their quotes for the 5% broken rice of the old crop and 25% broken rice of old crop by about $10 per ton each to about $470- $480 per ton and $395...

Jul 15, 2013
Oryza Quick Glance at World News
Financial Times –*China slowed to 7.5% growth in the second quarter, weighed down by faltering exports, sluggish retail sales, and softer investment. It was the second consecutive quarter of weaker growth as a rebound at the end of last year proved to be short-lived.*U.S. law firms in the Gulf of...


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