Oryza

Global Rice Prices & Latest News

Latest

Oryza Weekly: Rice Market Awaits Fresh Demand This Year as USDA Continues to forecast Low Output

The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the week at $383 per ton, down $1 per ton from a week and a month ago and down $36 per ton from a year ago.In its February 2016 Rice Outlook report, the USDA...
15 hours 15 sec ago

Oryza CBOT Rough Rice Futures Recap - Chicago Rough Rice Futures Sell-off ahead of Three-Day Weekend; Crude Rallies over 10% on Speculation of OPEC Discussions

Chicago rough rice futures for Mar delivery settled 25 cents per cwt (about $6 per ton) lower at $10.765 per cwt (about $237 per ton). The other grains finished the day lower; Soybeans closed about 0.1% lower at $8.7275 per bushel; wheat finished about 0...
21 hours 18 min ago

CME Considers Cutting Rice-Trading Hours, Changing Delivery Instrument

The Chicago Mercantile Exchange (CME) is considering to cut trading hours for rice futures as well as change its delivery instrument from warehouse receipts to shipping certificates, Bloomberg quoted the CME Group Spokesman.He noted that the exchange is...
22 hours 39 min ago

China's Options to Deal with its Massive Grain Stockpiles are Bad for Global Markets, Says USDA Official

China is left with very few options to deal with its massive grain stockpiles, but all are bad for global grain markets, ABC quoted a senior USDA official.He noted that China's food security policies, which set floor prices and provided subsidies to...
22 hours 53 min ago

Uganda Court Defends 18% VAT on Milled Rice Imports

The Commercial Court of Uganda has defended the imposition of value added tax (VAT) of 18% on milled rice imports, according to allAfrica.Responding to a petition by some importers that VAT should be applied on only locally produced products, the Judge...
1 day 2 hours ago

Thailand Rice Sellers Lower Their Quotes Today; Other Asia Rice Quotes Unchanged Today

Thailand rice sellers lowered their quotes for 5% broken rice, 25% broken rice and Hommali rice by about $5 per ton each to around $365-$375 per ton, $350-$360 per ton and $685-$695 per ton respectively today. Vietnam rice sellers are out today due to a...
1 day 3 hours ago

Pakistan Rice Exporters Urge Government to Solve Export Issues with Kenya

The Chairman of the Rice Exporters Association of Pakistan (REAP) has urged the Pakistan government to intervene and solve issues faced by them in Kenya, according to the Nation.He noted that more than 1,500 rice containers (holding about 37,500 tons of...
1 day 3 hours ago

South Korea Plans to Sell 99,000 Tons of Stockpiled Rice for Animal Feed

The government of South Korea is planning to sell old rice from its stocks to animal feed industry as part of efforts to handle increasing rice inventory and declining consumption as well as to reduce corn imports, Yonhap News quoted the Agriculture...
1 day 4 hours ago

Philippines Rice Stocks Decline in January 2016 After Increasing for Three Months

The Philippines rice stocks declined in January 2016 after increasing for three months continuously, according to the Bureau of Agricultural Statistics (BAS).Total rice stocks in the Philippines as of January 1, 2016 stood at around 3.2 million tons,...
1 day 5 hours ago

Brazil Exports 96,050 Tons of Rice in January 2016, Up 37% from Previous Year

Brazil exported around 96,050 of rice in January 2016, up about 37% from around 69,913 tons exported in January 2015, according to data released by the Rice Institute of Rio Grande do Sul (IRGA).Month-on-month, Brazil's rice exports declined about 33%...
1 day 6 hours ago

Latest

Oryza Weekly: Rice Market Awaits Fresh Demand This Year as USDA Continues to forecast Low Output

The Oryza White Rice Index (WRI), a weighted average of global white rice export quotes, ended the week at $383 per ton, down $1 per ton from a week and a month ago and down $36 per ton from a year ago.In its February 2016 Rice Outlook report, the USDA...
15 hours 15 sec ago

Oryza CBOT Rough Rice Futures Recap - Chicago Rough Rice Futures Sell-off ahead of Three-Day Weekend; Crude Rallies over 10% on Speculation of OPEC Discussions

Chicago rough rice futures for Mar delivery settled 25 cents per cwt (about $6 per ton) lower at $10.765 per cwt (about $237 per ton). The other grains finished the day lower; Soybeans closed about 0.1% lower at $8.7275 per bushel; wheat finished about 0...
21 hours 18 min ago

CME Considers Cutting Rice-Trading Hours, Changing Delivery Instrument

The Chicago Mercantile Exchange (CME) is considering to cut trading hours for rice futures as well as change its delivery instrument from warehouse receipts to shipping certificates, Bloomberg quoted the CME Group Spokesman.He noted that the exchange is...
22 hours 39 min ago

China's Options to Deal with its Massive Grain Stockpiles are Bad for Global Markets, Says USDA Official

China is left with very few options to deal with its massive grain stockpiles, but all are bad for global grain markets, ABC quoted a senior USDA official.He noted that China's food security policies, which set floor prices and provided subsidies to...
22 hours 53 min ago

Uganda Court Defends 18% VAT on Milled Rice Imports

The Commercial Court of Uganda has defended the imposition of value added tax (VAT) of 18% on milled rice imports, according to allAfrica.Responding to a petition by some importers that VAT should be applied on only locally produced products, the Judge...
1 day 2 hours ago

Thailand Rice Sellers Lower Their Quotes Today; Other Asia Rice Quotes Unchanged Today

Thailand rice sellers lowered their quotes for 5% broken rice, 25% broken rice and Hommali rice by about $5 per ton each to around $365-$375 per ton, $350-$360 per ton and $685-$695 per ton respectively today. Vietnam rice sellers are out today due to a...
1 day 3 hours ago

Pakistan Rice Exporters Urge Government to Solve Export Issues with Kenya

The Chairman of the Rice Exporters Association of Pakistan (REAP) has urged the Pakistan government to intervene and solve issues faced by them in Kenya, according to the Nation.He noted that more than 1,500 rice containers (holding about 37,500 tons of...
1 day 3 hours ago

South Korea Plans to Sell 99,000 Tons of Stockpiled Rice for Animal Feed

The government of South Korea is planning to sell old rice from its stocks to animal feed industry as part of efforts to handle increasing rice inventory and declining consumption as well as to reduce corn imports, Yonhap News quoted the Agriculture...
1 day 4 hours ago

Philippines Rice Stocks Decline in January 2016 After Increasing for Three Months

The Philippines rice stocks declined in January 2016 after increasing for three months continuously, according to the Bureau of Agricultural Statistics (BAS).Total rice stocks in the Philippines as of January 1, 2016 stood at around 3.2 million tons,...
1 day 5 hours ago

Brazil Exports 96,050 Tons of Rice in January 2016, Up 37% from Previous Year

Brazil exported around 96,050 of rice in January 2016, up about 37% from around 69,913 tons exported in January 2015, according to data released by the Rice Institute of Rio Grande do Sul (IRGA).Month-on-month, Brazil's rice exports declined about 33%...
1 day 6 hours ago