May 17, 2013
Oryza U.S. Rough Rice Recap – Mid-South Rice Expo Mutes Market
The U.S. cash rice market was dead today with no trades to report as many market participants were busy at the Mid-South Rice Expo held in Sulphur Rock, Arkansas.As of today, offers from farmers were unchanged around $16.00-$16.25 per cwt fob farm (about $353...
May 17, 2013
Oryza Invites Readers to Attend Americas Rice Market & Technology Convention
While Asia still dominates global rice production, South America has nearly doubled its rice production in the last thirty years (from about 9 million tons in the early 1980s to nearly 16 million tons today) while the U.S. and South America boast some of the world...
May 17, 2013
Oryza Rice Currency Analysis for Today – Currencies Shudder as Investors See Potential End of Fed Easy Money
U.S. dollar index was up +0.81% from the open today, when it traded at 84.259 at the close. The dollar was lifted by ideas the U.S. economy may be recovering enough to allow the Fed to reduce monetary support. This rippled out to lower currencies against the U.S...
May 17, 2013
Oryza Afternoon Recap – Chicago Rough Rice Futures Finish Week Nearly Unchanged as Buyers, Sellers Fall Asleep at the Wheel
Chicago rough rice futures for July delivery settled 4.5 cents per cwt (about $1 per ton) lower at $15.235 per cwt (about $336 per ton). Rough rice futures finished the week nearly unchanged from last week's close. Despite getting off to what looked to be a...
May 17, 2013
Iran, Iraq Demand Driving Uruguay Rice Exports in 2013
Uruguay’s rice exports this year are taking place at a hectic pace due to strong demand in traditional buyers Iran and Iraq, despite slowing down of demand in neighboring Brazil.Local sources in Uruguay say that rice demand in Brazil has declined significantly...
May 17, 2013
Excessive Cadmium Detected in Rice in Southern China Restaurants
The Food and Drug Administration of Guangzhou city in Southern China has found excessive levels of cadmium in about 44.44% of rice samples taken from different restaurants and food outlets in the city, according to local sources. In February, quality inspectors...
May 17, 2013
India Main Rice Crop Planting Reaches 240,000 Hectares So Far; Down 5% from Last Year
Planting of India’s kharif (main) rice crop has reached around 240,000 hectares as of May 17, 2013, down about 5% from around 253,000 hectares covered under rice planting during the same time last year mainly due to delay in planting in the states of Assam and...
May 17, 2013
Vietnam March Rice Shipments to Europe, Americas Up Sharply from Last Year
Vietnam exported a total around 706,626 tons of rice in March 2013, up about 18% from around 598,479 tons exported in March 2012, according to USDA data. Together, Asian and African countries accounted for around 594,800 tons or over 84% of total rice exports by...
May 17, 2013
India Government Assures Adequate Rice Seed Supply for 2013 Planting Season
India’s Ministry of Agriculture said this week that around 692,000 tons of certified and quality rice seeds are available for planting in the current kharif season (May - November), which is about 10% higher than the projected requirement of around 625,000 tons....
May 17, 2013
Oryza Overnight Recap – Chicago Rough Rice Futures Seen Slightly Lower
Chicago rough rice futures for July delivery were paused 3.5 cents per cwt (about $1 per ton) lower at $15.245 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:...
May 17, 2013
China Rice Producers Blame High Government Prices for Increased Imports, Say Production is Sufficient
Rice producers in China say that rice imports will continue to increase until the government allows flexibility in domestic purchase prices of rice and allows domestic rice prices to decline to international price levels. Last week, the USDA projected that China...
May 17, 2013
Surprise! Vietnam Rice Sellers Increase Some of Their Quotes
Vietnam rice sellers increased their quotes for 5% and 25% broken rice by about $5 per ton each to about $375 - $385 per ton and $355 - $365 per ton respectively today. India rice sellers lowered their quotes for 5% broken rice by about $5 per ton to about $445...
May 17, 2013
Oryza Quick Glance at World News
Financial Times –*The gas-rich state of Qatar has spent as much as $3 billion over the past two years supporting the rebellion in Syria, far exceeding any other government, but is now being nudged aside by Saudi Arabia as the prime source of arms to rebels.*...
May 16, 2013
Oryza Rice Recap – Situation Goes from Bad to Worse for Asian Rice Quotes
U.S. South rice producers say planting is about 3-4 weeks behind schedule due to cold, wet weather. For the week ending May 12, U.S. rice was 69% planted vs 74% for the five-year average. Planting is furthest behind in Mississippi (22%) and Arkansas (60%)....
May 16, 2013
Oryza U.S. Rough Rice Recap – Trade Light After Uptick in Weekly Export Sales
The U.S. cash rice market saw some very light trade activity today after the USDA reported an uptick in weekly export sales. Analysts, however, contend that the strongest bids in the market will continue to be from domestic buyers who are attempting to buy...
May 16, 2013
Oryza FX – Mexico Peso Down 0.4%, Sixth Straight Session Decline
U.S. dollar index was down -0.28% from the open today, when it traded at 83.600 at the close.Euro was +0.12% stronger by the close, trading around 1.2903 by end of day.Thai baht closed the day +0.01% stronger, trading at 29.75 at the close of business today...
May 16, 2013
Oryza Afternoon Recap – Chicago Rough Rice Futures Reverse Direction as Morning Low Sparks Buying Interest
Chicago rough rice futures for July delivery settled 5 cents per cwt (about $1 per ton) higher at $15.280 per cwt (about $337 per ton). Rough rice futures made a strong reversal to close higher after trading to double digit losses in morning trading. Today’s...
May 16, 2013
Thailand Commerce Ministry Confident Nation Will Export 8.5 Million Tons Rice in 2013 – But at What Price?
Thailand’s Commerce Ministry projects the nation will ship 8.5 million tons of rice in 2013, up about 22% from about 7 million tons shipped last year, according to comments made at a press release for the upcoming Thailand Rice Convention 2013. Thailand rice...
May 16, 2013
Oryza Overnight Recap – Chicago Rough Rice Futures Lower Overnight
Chicago rough rice futures for Jul delivery were paused 12 cents per cwt (about $1 per ton) lower at $15.110 per cwt (about $338 per ton) as of 8:15am Chicago time. The other grains are seen mixed during this morning break ahead of floor trading in Chicago:...
May 16, 2013
Asia Rice Quotes Unchanged Today
Asia rice sellers kept their quotes unchanged today.5% Broken RiceThai 5% rice is quoted around $520 - $530 per ton, about a $150 per ton premium over Viet 5% rice shown around $370 - $380 per ton.Indian 5% rice is quoted around $450 - $460 per ton, about a $...

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May 17th, 2013

Oryza Global Rice Quotes

Long grain white rice - high quality
Thailand 100% B grade 530-540 ↔
Vietnam 5% broken 375-385 ↑
India 5% broken 445-455 ↓
Pakistan 5% broken 430-440 ↔
U.S. 4% broken 625-635 ↔
Uruguay 5% broken 620-630 ↔
Argentina 5% broken 620-630 ↔
Long grain white rice - low quality
Thailand 25% broken 505-515 ↔
Vietnam 25% broken 355-365 ↑
Pakistan 25% broken 375-385 ↔
India 25% broken 395-405 ↔
U.S. Calrose 4% broken 600-610 ↔
Long grain parboiled rice
Thailand parboiled 100% stxd 550-560 ↔
Pakistan 5% broken 440-450 ↔
India 5% broken 430-440 ↔
U.S. 4% broken 620-630 ↔
Brazil Parboiled 5% broken 605-615 ↔
Uruguay 5% broken NQ ↔
Long grain fragrant rice
Thailand Hommali 92% 1115-1125 ↔
Vietnam 5% broken 485-495 ↔
India basmati 2% broken 1515 -1525 ↔
Pakistan basmati 2% broken NQ ↔
Brokens
Thailand A1 Super 490-500 ↔
Vietnam 100% broken 335-345 ↔
Pakistan 100% broken stxd 340-350 ↔
India 100% Broken stxd 320-330 ↔
Egypt medium grain brokens NQ ↔
U.S. pet food 330-340 ↔
Brazil half grain 355-365 ↔
Medium grain milled
U.S. Calrose 4% broken 645-655 ↔
Egypt medium grain 6% NQ ↔

All prices USD per ton, FOB vessel, oryza.com