The LRI is a global provider of information on the rice industry and a leading source of benchmark price assessments for rice. Since 2011, the Live Rice Index has provided reliable information and market insights.
19 / 10 / 2018
#LRI Report Published! The #Philippines' National Food Authority received offers in its 18 October 25% broken white… https://t.co/j6bCFCSYl0
19 / 10 / 2018
#Philippines: Pangasinan Province #paddy harvest 20% complete so far; production forecast to decline due to Typhoon… https://t.co/uSbxQiXDZp
19 / 10 / 2018
#Brazil: Domestic #paddy prices declined by BRL 1.11 in October 2018 to BRL 45.64 per 50kg bag (Pt.) https://t.co/b8NwoWYgDa
19 / 10 / 2018
Philippines local prices update
The average farmgate price of paddy in the Philippines decreased by 2.24% week-on-week and increased by 15.6% year-on-year to PHP 22.86 per kg (US $425.98 PMT) during the first week of October 2018,...
19 / 10 / 2018
#Myanmar: Milled #rice exports totalled 3.5 million MTS last year, the highest in 70 years https://t.co/2WdsstNerf
19 / 10 / 2018
#Nigeria: Sokoto State farmers estimated #paddy crop losses from floods at 61,198 MTS https://t.co/B7nKKxjYwE
19 / 10 / 2018
19 October 2018
Brazilian 5% WR and PB 5% STX are both assessed up to US $495 PMT FOB FCL (+$10 PMT) based on bids and offers and...
19 / 10 / 2018
#Nicaragua: Farmers express concern that the 2019 #paddy crop will be limited due to decreased import tariffs (Sp.) https://t.co/7QSCrAO3OJ
19 / 10 / 2018
Bangladesh update
The USDA has forecast Bangladeshi milled rice production in the 2018/19 marketing year (May – April) at 34.5 million MTS, representing a 5.79% increase year-on-year. Harvested area and the average...
19 / 10 / 2018
Turkey update
The USDA has forecast Turkey’s milled rice production in the 2018/19 marketing year (September – August) at 610,000 MTS. This represents a 17.3% increase year-on-year due to beneficial rainfall...
19 / 10 / 2018
#Senegal: Tambacounda Region 2018 #paddy production estimated at 25,000 MTS, up by 56.3% year-on-year (Fr.) https://t.co/nzzQ9qSzGb
19 / 10 / 2018
#Philippines: Government will begin to implement Suggested Retail Prices of PHP 37 – 47 per kg (US $689 – $875 PMT)… https://t.co/LBv1QAMAxJ
19 / 10 / 2018
#USA: Milled #rice exports to the #EU expected to decline due to additional 25% tariff https://t.co/kMmkpbYy1M
19 / 10 / 2018
#India: Punjab #paddy procurement estimated at 1.74 million MTS as of 17 October https://t.co/1PrUFdI5sQ
19 / 10 / 2018
#Philippines: Congress proposes #Rice Industry Development Act to tackle food crisis https://t.co/iRJfAa4jbS
19 / 10 / 2018
Thailand
The Thai market was quiet ahead of results from the Philippines’ National Food Authority’s 18 October...
19 / 10 / 2018
Vietnam
Three Vietnamese companies offered a total of 58,000 MTS of 25% broken white rice in the Philippines’ National Food...
19 / 10 / 2018
Pakistan
No offers of Pakistani rice were successfully submitted in the Philippines’ National Food Authority’s 18 October...
19 / 10 / 2018
U.S.A.
Col-Rice awarded the full 15,881 MTS of Tariff Rate Quota import licences in its 11 October auction. The lowest winning...
19 / 10 / 2018
South America
Brazilian rice prices continued to be supported by the strength of the Real against the U.S. Dollar ahead of the next...
19 / 10 / 2018
Other Countries
Italian farmers continued to hold on to stocks in anticipation of higher prices for many varieties due to lower milling...
19 / 10 / 2018
Italy
Italian farmers continued to hold on to stocks in anticipation of higher prices for many varieties due to lower milling...
19 / 10 / 2018
Cambodia
Cambodian exporters began to offer new crop Phka Malis after returning from last week’s holidays. We began our crop...
19 / 10 / 2018
Myanmar
There was a soft undertone to the Myanmar market as exporters lowered their offers ahead of new crop arrivals. However,...
19 / 10 / 2018
Other Countries
The FAO has estimated Malaysian 2018 paddy production at 2.87 million MTS, up by 1.06% year-on-year and 4.17% above the...
19 / 10 / 2018
Other Countries
Japan’s Ministry of Agriculture, Forestry and Fisheries awarded the full 60,000 MTS in its 19 October Minimum Access...
19 / 10 / 2018
Other Countries
The USDA has forecast Russian 2019 milled rice production at 630,000 MTS, a 2.33% year-on-year decrease. Both the...
19 / 10 / 2018
Other Countries
The USDA has forecast Bangladeshi milled rice production in the 2018/19 marketing year (May – April) at 34.5 million...
19 / 10 / 2018
Other Countries
The USDA has forecast Turkey’s milled rice production in the 2018/19 marketing year (September – August) at 610,000...
19 / 10 / 2018
Egypt
Egypt’s General Authority for Supply Commodities will hold a tender for an unspecified amount of Grade #2 10% broken...
19 / 10 / 2018
Other Countries
The Philippines’ National Food Authority (NFA) received offers in its 18 October tender for a total of 250,000 MTS of...
19 / 10 / 2018
India
The Indian market was quiet, with many market participants out of the office for various regional holidays throughout...
19 / 10 / 2018
Japan's MAFF MA tender results
Japan’s Ministry of Agriculture, Forestry and Fisheries has awarded the full 60,000 MTS in its 19 October Minimum Access tender. Please see the table below for more details:
19 / 10 / 2018
Egypt’s GASC announces tender
The LRI understands that Egypt’s General Authority for Supply Commodities will hold a tender for an unspecified amount of Grade #2 10% broken short/medium grain white rice on 12 November. Companies...
19 / 10 / 2018
Col-Rice auction results
Col-Rice has awarded the full 15,881 MTS of Tariff Rate Quota import licences in its 11 October auction. The lowest winning bid was US $126.11 PMT (up from US $82.51 PMT in its 7 June auction) and...
18 / 10 / 2018
#Uruguay: Scientists seek methods to repurpose agricultural waste, including #rice husk (Sp.) https://t.co/skf0C0QUGh
18 / 10 / 2018
Global #rice production needs to increase by 25% over the next 25 years to meet demand https://t.co/kIIrbdK51X
18 / 10 / 2018
#Brazil: Pará State passes law requiring pesticide information on all #rice packaging (Pt.) https://t.co/eusQqR2P79
18 / 10 / 2018
#India: Basmati #rice exporters launch campaign to educate farmers on the use of pesticides https://t.co/DQFU602tRF
18 / 10 / 2018
18 October 2018
We have continued our 10-day transitions to new crop pricing for our whole grain Indian WR and PB assessments. Indian...
18 / 10 / 2018
#Philippines: Local #rice prices begin to decrease by up to PHP 5 per kg (US $93 PMT) as imports arrive https://t.co/acnhAQV1kR
18 / 10 / 2018
Russia update
The USDA has forecast Russian 2019 milled rice production at 630,000 MTS, a 2.33% year-on-year decrease. Both the harvested area and the average field yield are expected to decrease to 185,000ha...
18 / 10 / 2018
#Myanmar: Illicit cross-border #rice exports rice to #China 'pose a growing threat' to food security https://t.co/BMztt3LuHc
18 / 10 / 2018
#India: #Paddy procurement in Khanna, Punjab estimated to have decreased by 81.8% year-on-year to 45,398 MTS as of… https://t.co/bW7kw9VnGT
18 / 10 / 2018
Myanmar: Yangon Port loading update
Three vessels were being loaded with a total of 51,200 MTS in Yangon Port yesterday (17 October), according to the Myanma Port Authority. Sexta (which berthed on 16 October) was being loaded with...
18 / 10 / 2018
#FAO forecasts 2018 global #paddy production to increase by 1.3% year-on-year to 773 million MTS (Fr.) https://t.co/4xN6yiJwJh
18 / 10 / 2018
#India: Punjab's Bathinda District's Kharif #paddy procurement estimated at 39,831 MTS as of 15 October https://t.co/rJd11eEfEg
18 / 10 / 2018
#SouthKorean 2018 milled #rice production forecast to decrease by 2.4% year-on-year to 3.88 million MTS (Vn.) https://t.co/ACBRBQuSUi
18 / 10 / 2018
Philippines' NFA receives offers in 18 October tender
The LRI understands that the Philippines' National Food Authority has received the following offers in its 18 October tender for a total of 250,000 MTS of 25% broken white rice. The rice is required...
17 / 10 / 2018
#Peru: Government fortifies #rice in efforts to reduce levels of anaemia in children (Sp.) https://t.co/2uPGLZMHpZ
17 / 10 / 2018
Brazil: Rio Grande Port loading update
Rivelin was loading a vessel with 10,000 MTS of rice in Rio Grande Port on 16 October. A Casillo vessel loaded with 30,000 MTS is the only vessel to have left port so far this month.
17 / 10 / 2018
Organisations including #IRRI and #FAO commit to efforts to increase average #paddy field yields and food security https://t.co/s8ErbUtLVW
17 / 10 / 2018
#Japanese milled #rice exports to #China expected to increase due to authorisation of two new mills https://t.co/OCWlp0ONyq
17 / 10 / 2018
#India: Punjab #paddy procurement estimated at 1.09 million MTS as of 14 October https://t.co/fuhsLKvT4t
17 / 10 / 2018
17 October 2018
Some exporters in Pakistan have lowered their offers in reaction to this week’s currency and local market price...
17 / 10 / 2018
#Argentina: Entre Ríos planted area forecast to decrease by 3% year-on-year to 60,000ha (Sp.) https://t.co/l4RD5VFBG1
17 / 10 / 2018
Pakistan exports update
Pakistani milled rice exports in September 2018 declined by 16.3% year-on-year and by 25.6% month-on-month to 155,512 MTS, according to the Pakistan Bureau of Statistics. Of this total, Basmati rice...
17 / 10 / 2018
Philippines production and planting update
The Philippine Statistics Authority lowered its forecast for Q3 2018 paddy production by 2.11% to 3.32 million MTS on 1 September, which represents a 4.13% decrease year-on-year. Harvested area and...
17 / 10 / 2018
#India: Chandigarh District Commissioner reports #paddy straw burning in 27 out of 489 villages https://t.co/KTxx3SASwr
17 / 10 / 2018
#Philippines: Experts express concern about balance between new #rice tariffs and unrestricted imports https://t.co/c7yUD452kY
17 / 10 / 2018
#Thailand: Value of milled #rice exports between January – August 2018 estimated at THB 115.71 billion (US $3.54 bi… https://t.co/qpO1Zxugbi
17 / 10 / 2018
#India: Volume of #paddy in warehouses in Punjab decreased by 64.8% year-on-year to 1.46 million MTS as of 14 Octob… https://t.co/Dr7w31fVHv
17 / 10 / 2018
#Philippines: Government proposes to allow grain retailers to import up to 100,000 MTS of #rice https://t.co/nj0vgLhdb9
16 / 10 / 2018
USA exports update
U.S. paddy, milled and brown rice exports in the 2018/19 marketing year (August – July) totalled 450,970 MTS as of 4 October, up by 10.6% year-on-year, according to the USDA. Mexico imported the...
16 / 10 / 2018
#Senegalese government expects country to reach #rice self-sufficiency in 2019 (Fr.) https://t.co/K69gImIhrB
16 / 10 / 2018
#Myanmar's cross border #rice exports to #China via Muse decreased due to high moisture levels https://t.co/07mnYvNcMG
16 / 10 / 2018
Global #rice consumption forecast to increase to 525 million MTS in 2050 https://t.co/xBzxvxgLTD
16 / 10 / 2018
#Brazil: Above average rainfall expected to reduce #paddy planting by an average of 10% in Rio Grande do Sul and Ca… https://t.co/eqNhpvR4W8
16 / 10 / 2018
16 October 2018
Thai 25% WR is assessed up to US $370 PMT FOB (+$3 PMT) as exporters are no longer willing to accept lower bids ahead...
16 / 10 / 2018
#Philippines: Local prices stabilise ahead of harvest season; government allocates PHP 6.7 billion (US $123.9 milli… https://t.co/vjRWJuiAaM
16 / 10 / 2018
Pakistan water supply and harvesting update
According to the National Space Agency of Pakistan, non-Basmati rice is currently being harvested or in the latter stages of development and Basmati rice is still in the formation/filling stages of...
16 / 10 / 2018
#Vietnam: Government issues Decree 107, removing requirement for #rice exporters to have a minimum storage capacity… https://t.co/UILH0jggVY
16 / 10 / 2018
#Mali: #Paddy production in Ségou Region forecast at 858,000 MTS (Fr.) https://t.co/gfBGjgGdpG
16 / 10 / 2018
#Philippines: Agriculture Secretary Piñol states President never ordered ‘unimpeded’ #rice imports; he ordered ware… https://t.co/3IE1LTy9vM
16 / 10 / 2018
#India: Cyclone Titli rainfall damages #paddy crops in Odisha State https://t.co/fVAuYQhbEn
16 / 10 / 2018
#India: Punjab #paddy procurement estimated at 896,357 MTS as of 13 October https://t.co/vARBtaXUYF
16 / 10 / 2018
Myanmar exports update
Myanmar’s milled rice exports totalled 1.3 million MTS (including broken rice) in April – September 2018, which are valued at US $391 million, according to the Myanmar Rice Federation cited in...
15 / 10 / 2018
#India: Former Chief Minister proposes alternative solution to #paddy straw burning to the government https://t.co/yT4kLsKYPY
15 / 10 / 2018
15 October 2018
Vietnamese 100% broken WR is assessed up to US $350 PMT FOB (+$5 PMT) as lower offers are no longer available ahead of...
15 / 10 / 2018
Malaysia update
The FAO has estimated Malaysian 2018 paddy production at 2.87 million MTS, up by 1.06% year-on-year and 4.17% above the five-year average. This is a result of a record planted area, with planting...
15 / 10 / 2018
Japan's MAFF announces MA tender
Japan’s Ministry of Agriculture, Forestry and Fisheries will hold a Minimum Access tender for a total of 60,000 MTS on 19 October. For more details, please see the table below:
12 / 10 / 2018
Brazil planting and production update
CONAB forecasts Brazilian planted area in the 2018/19 marketing year (April 2019 - March 2020) at 1.85 - 1.97 million hectares, a decline of 6.38% and an increase of 0.21% respectively year-on-year....
12 / 10 / 2018
12 October 2018
Thai 100% Grade B, 5%, 10% and 15% WR are all assessed down by US $2 PMT, with 5% WR assessed down to US $388 PMT FOB...
12 / 10 / 2018
Philippines local prices update
The average farmgate price of paddy in the Philippines decreased by 2.05% week-on-week and increased 16.54% year-on-year to PHP 22.41 per kg (US $414.29 PMT) during the fifth week of September 2018,...
12 / 10 / 2018
Thailand production update
According to local reports citing the Ministry of Commerce, Thai Hom Mali fragrant paddy production is forecast to decline by 10% year-on-year to around 6.84 million MTS. Irregular rainfall has...
12 / 10 / 2018
India stocks update
Rice stocks in the Food Corporation of India’s Central Pool totalled 20.29 million MTS as of 1 October, representing a 14.1% month-on-month decrease and a 12.5% year-on-year increase. Of this...
12 / 10 / 2018
India water supply update
Water levels in India’s 91 major reservoirs totalled 118.3 billion cubic metres as of 11 October, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...
12 / 10 / 2018
Thailand
The Thai market was quiet, with many market participants away for a conference. Prices were supported by anticipated...
12 / 10 / 2018
Pakistan
The Pakistani Rupee depreciated by 7.7% against the U.S. Dollar between 5 – 11 October. This was attributed to a...
12 / 10 / 2018
U.S.A.
We concluded our crop transition for U.S. #2, 4% broken white rice, which closed the week assessed down to US $495 PMT...
12 / 10 / 2018
South America
The Brazilian Real appreciated by 4.38% against the U.S. Dollar since Friday (5 October) to BRL 3.71 at 03:00 UTC on 10...
12 / 10 / 2018
India
Many Indian market participants were away at a conference during the second half of this week and trade was slow as a...
12 / 10 / 2018
Other Countries
Despite improved supply, Italian prices are being supported by extremely low carryover stocks, lower than average...
12 / 10 / 2018
Italy
Despite improved supply, Italian prices are being supported by extremely low carryover stocks, lower than average...
12 / 10 / 2018
Cambodia
The Cambodian market was extremely quiet as market participants were away for public holidays on Monday – Wednesday...
12 / 10 / 2018
Vietnam
A total of 12 bidders participated in the pre-bid conference for the Philippines’ National Food Authority’s (NFA)...
12 / 10 / 2018
Myanmar
A total of 12 bidders participated in the pre-bid conference for the Philippines’ National Food Authority’s (NFA)...
12 / 10 / 2018
Other Countries
According to its Review of Maritime Transport, the United Nations Conference on Trade And Development (UNCTAD)...
12 / 10 / 2018
Other Countries
The Saudi Food and Drug Authority (SFDA) is not expected to adopt the E.U.’s Maximum Residue Limits (MRLs) for...
12 / 10 / 2018
Other Countries
Kazakhstan’s milled rice exports totalled 51,600 MTS between January – July 2018, a decrease of 10% year-on-year,...
12 / 10 / 2018
Other Countries
The Iranian Government Trading Corporation has received the following offers in its 9 October tenders for at least...
12 / 10 / 2018
Other Countries
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell tender on 26 October...
12 / 10 / 2018
Other Countries
The Philippines’ National Food Authority (NFA) will hold two further government-to-private tenders on 24 October and...
11 / 10 / 2018
Philippines procurement update
The Philippines’ National Food Authority (NFA) has set its 2018 paddy procurement target at 130,000 MTS, according to local reports; 3,898 MTS (2.99%) were procured as of the end of September. The...
11 / 10 / 2018
11 October 2018
Despite a 8.2% depreciation of the Pakistani Rupee against the U.S. Dollar since yesterday (10 October), whole grain WR...
11 / 10 / 2018
Kazakhstan exports, imports and production update
Kazakhstan's milled rice exports totalled 51,600 MTS between January – July 2018, a decrease of 10% year-on-year, according to local reports. These exports were valued at an estimated US $14.6...
11 / 10 / 2018
India update
The USDA has forecast Indian milled rice production in the 2018/19 marketing year (October – September) at 111 million MTS, down by 1.69% year-on-year. An anticipated increase in harvested area to...
11 / 10 / 2018
Cambodia update
The USDA has forecast Cambodian 2018 milled rice production at 5.55 million MTS, up by 5.67% year-on-year due to anticipated favourable weather conditions and improved water supply. Harvested area is...
11 / 10 / 2018
KCCO amends date for 16 October domestic tender
The U.S. Kansas City Commodity office has amended the date of its 16 October domestic tender, which will now be held on 23 October. Please click here for more details.
11 / 10 / 2018
USDA releases its latest WASDE and Crop Production reports
The USDA has raised its forecast for 2018/19 global milled rice supply by 900,000 MTS in its latest WASDE report. Anticipated increases in production in India (+1 million MTS) and Madagascar...
11 / 10 / 2018
Taiwan tender results
Taiwan’s Council of Agriculture (CoA) purchased 6,000 MTS of U.S. milled medium/short grain rice at a price of US $717.65 PMT in its 27 September tender, according to the USDA. Delivery is required...
11 / 10 / 2018
Philippines' NFA announces two further tenders
The LRI understands that the Philippines' National Food Authority (NFA) will hold two further government-to-private tenders on 24 October and 20 November for 250,000 MTS each. As a result, the NFA is...
10 / 10 / 2018
Brazil: Rio Grande Port loading update
No vessels are being loaded with rice in Rio Grande Port today (10 October). A Casillo vessel loaded with 30,000 MTS is the only vessel to have left port so far this month.
10 / 10 / 2018
10 October 2018
Indian 5% WR is assessed down to US $385 PMT FOB (-$10 PMT) as exporters attempt to sell remaining stocks ahead of new...
10 / 10 / 2018
Brazil update
The USDA has forecast Brazilian milled rice production in the 2018/19 marketing year (April 2019 – March 2020) at 8.16 million MTS, down by 0.58% year-on-year. Harvested area and the average field...
10 / 10 / 2018
Philippines’ NFAC approves DTI’s proposal to import 350,000 MTS
The Philippines’ National Food Authority Council has approved the Department of Trade and Industry’s (DTI) proposal to import 350,000 MTS of rice, according to local reports. This volume will be...
10 / 10 / 2018
Philippines stocks update
Rice stocks in the Philippines totalled 1.17 million MTS as of 1 September 2018, according to the Philippine Statistics Authority. This represents a 23.2% decrease since August 2018 and a 17.9%...
10 / 10 / 2018
Iran's GTC receives offers in 9 October tenders
The LRI understands that the Iranian Government Trading Corporation has received the following offers in its 9 October tenders for at least 30,000 MTS (+/- 10%) of Indian 1121 Parboiled Basmati 2%...
10 / 10 / 2018
Japan's MAFF announces SBS tender
Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell tender on 26 October for a total of 25,000 MTS.
09 / 10 / 2018
Vietnam update
The USDA has revised its forecast for Vietnam’s 2018 paddy production down to 45.6 million MTS due to a contraction in Summer/Autumn harvested area in the Mekong Delta. However, this still...
09 / 10 / 2018
9 October 2018
There is a soft undertone to the Pakistani market following a 7% depreciation of the Rupee today (9 October) due to a...
09 / 10 / 2018
Pakistani Rupee depreciates by 7% against the U.S. Dollar
The Pakistani Rupee depreciated by around 7% against the U.S. Dollar today (9 October), according to reports. This has been attributed to a suspected currency devaluation by the State Bank of...
09 / 10 / 2018
Saudi Arabia Maximum Residue Limits update
The Saudi Food and Drug Authority (SFDA) is not expected to adopt the E.U.’s Maximum Residue Limits (MRLs) for pesticide levels in rice imports, according to reports. A delegation from the All...
09 / 10 / 2018
Philippines 18 October G2P tender update
The LRI understands that 12 bidders participated in the pre-bid conference for the Philippines' National Food Authority's 18 October tender for 250,000 MTS of 25% broken white rice. The bidders were...
09 / 10 / 2018
India
The Indian market was quiet, with many market participants out of the office for various regional holidays throughout...
08 / 10 / 2018
Freight update
According to its Review of Maritime Transport, the United Nations Conference on Trade And Development (UNCTAD) estimates that global seaborne trade had its fastest growth rate in five years in 2017....
08 / 10 / 2018
Brazil currency update
The Brazilian Real has appreciated by 3.87% against the U.S. Dollar since Friday (5 October) to BRL 3.73 at 12:00 UTC today (8 October), the lowest level since 7 August. According to reports, the...
08 / 10 / 2018
Philippines imports update
According to the Philippines’ National Food Authority (NFA), 180,641 MTS of the 250,000 MTS of 25% broken white rice purchased in the NFA’s 22 May government-to-private tender has arrived in the...
08 / 10 / 2018
8 October 2018
Thai PB 100% STX is assessed down to US $390 PMT FOB as exporters are more willing to accept lower bids following a...
08 / 10 / 2018
Philippines local prices update
The average farmgate price of paddy in the Philippines increased by 0.26% week-on-week and 18.7% year-on-year to PHP 23.10 per kg (US $426.42 PMT) during the third week of September 2018, according...
08 / 10 / 2018
Brazil exports and imports update
Brazil’s rice exports between January – September 2018 totalled 1.25 million MTS, up from 617,317 MTS in 2017, according to IRGA. Exports in September totalled 160,944 MTS, up from 109,450 MTS in...
