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,...

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...

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...

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:

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...

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...

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...

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...

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...

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.

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...

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...

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...

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...

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...

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...

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:

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....

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,...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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...

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...

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.

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...

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...

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%...

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%...

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.

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...

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...

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...

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...

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....

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...

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...

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...

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...

According to the USDA citing the Indian Meteorological Department, cumulative Southwest Monsoon rainfall as of 23 September was 9% below the Long Period Average. An estimated 61% of the country...

Five vessels were being loaded with a total of 159,900 MTS in Kakinada Port on 5 October, up by 73.8% from 28 September. Phoenix was loading 38,000 MTS of Parboiled 5% and 2,000 MTS of 100% broken...

Water levels in India’s 91 major reservoirs totalled 120.92 billion cubic metres as of 4 October, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...

Two vessels were being loaded with a total of 53,500 MTS in Yangon Port on 4 October, according to the Myanma Port Authority. Best Future was being loaded with 20,000 MTS and New Levant was being...

Japan’s Ministry of Agriculture, Forestry and Fisheries has awarded the full 45,000 MTS in its 5 October Minimum Access tender. Please see the table below for more details:

The LRI understands that the Iraqi Ministry of Trade (MoT) has purchased 90,000 MTS of U.S. rice under the countries’ Memorandum of Understanding (MoU). The MoT purchased 60,000 MTS from ADM for...

The LRI understands that the Iraqi Ministry of Trade has purchased 30,000 MTS of Argentine rice and 60,000 MTS of Uruguayan rice in its 1 October global origin tender. The Argentine rice was...

The Agricultural Market Information System (AMIS) has released its latest forecast for world supply and demand. AMIS has forecast 2018/19 global milled rice production at 511.8 million MTS, a 1.35%...

The FAO’s All Rice Price Index declined by 2 points (-0.89%) last month to 222 points, according to its October 2018 report. The price of Japonica rice, lower and higher quality Indica rice and...

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Minimum Access tender for a total of 45,000 MTS on 5 October. For more details, please see the table below:

The LRI understands that the Iraqi Ministry of Trade is in negotiations to purchase a minimum of 30,000 MTS of U.S. long grain white rice as part of the U.S. - Iraqi Memorandum of Understanding....

The LRI understands that the Iraqi Ministry of Trade has received the following offers in its 1 October global origin white rice tender. These offers will remain valid until 7 October.<br />

The Philippines’ National Food Authority will hold a government-to-private tender for a total of 250,000 MTS of 25% broken white rice from any origin on 18 October. The rice must arrive in...

Japan’s Ministry of Agriculture, Forestry and Fisheries has awarded a total of 3,100 MTS out of a possible 25,000 MTS in its 26 September Simultaneous-Buy-Sell tender. Please see the table...

The LRI understands that the Iraqi Ministry of Trade purchased 90,000 MTS of Vietnamese rice under the two countries' Memorandum of Understanding. The sale price was reported at US $577 PMT CFR...

The LRI understands that the Iraqi Ministry of Trade has announced a global origin tender for a minimum of 30,000 MTS. Offers must be submitted by 1 October and will remain valid until 7 October....

Japan&rsquo;s Ministry of Agriculture, Forestry and Fisheries has awarded the full 52,000 MTS in its 21 September Minimum Access tender. Please see the table below for more details:<br />

The State Trading Corporation of Mauritius will hold a tender for 9,000 MTS (+/-10%) of long grain white rice on 27 September. Offers are to be submitted on a CFR Port Louis basis and delivery is...

Japan&rsquo;s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Minimum Access tender on 21 September for a total of 52,000 MTS. For more details, please see the table below:<br />

The LRI understands that China’s COFCO has purchased 100,000 MTS of Thai 5% broken white rice through the two countries’ Memorandum of Understanding. The sale was concluded at a price...

South Korea&rsquo;s Agro-Fisheries and Food Trade Corporation purchased the full 92,783 MTS in its 31 August Minimum Market Access tender. Please see the table below for more details:<br />

Japan&rsquo;s Ministry of Agriculture, Forestry and Fisheries has awarded the full 40,000 MTS in its 14 September Minimum Access tender. Please see the table below for more details:<br />

The LRI understands that the Iraqi Ministry of Trade did not purchase U.S. rice under the U.S. - Iraqi Memorandum of Understanding. Offers were submitted yesterday (12 September) and remained valid...

The USDA has raised its forecast of 2018/19 global milled rice supply to 632.8 million MTS in its latest WASDE report. Increased expectations of Indian production and stocks are expected to offset...

Iran's Government Trading Corporation will hold two tenders on 9 October, each for 30,000 MTS  (+/-10%) of Indian 1121 Parboiled Basmati 2% broken. Offers for the first tender are to be...

Japan’s Ministry of Agriculture, Forestry and Fisheries (MAFF) will hold a Simultaneous-Buy-Sell tender on 26 September for a total of 25,000 MTS. MAFF will also hold a Minimum Access tender...

The Philippines’ National Food Authority will hold a tender for 250,000 MTS of white rice for delivery in November. Although further details have not been released, market participants expect...

The Agricultural Market Information System (AMIS) has released its latest forecast for world supply and demand. AMIS has forecast 2018/19 global milled rice production at 511.8 million MTS, a 1.35%...

The LRI understands that the Iraqi Ministry of Trade requested offers of a minimum of 30,000 MTS of U.S. long grain white rice as part of the U.S. – Iraqi Memorandum of Understanding. Offers...

The FAO's All Rice Price Index decreased by 5.1 points (-2.2%) last month to 226.6 points, according to its September 2018 report. The price of Japonica rice decreased by 4.51% and the price of...

The Philippines’ National Food Authority will issue further import licences to private buyers under the Minimum Access Volume (MAV) scheme; only non-winning bidders under the 2017/18 MAV...

The LRI understands that the Argentine government has imposed temporary tariffs on exports including rice in an attempt to improve the country’s economy. The tariff on rice exports has been...

Contrary to reports, the LRI understands that Egypt has not agreed to purchase 1 million MTS of white rice from Vietnam delivered over three to four months. Although Egypt and Vietnam held trade...

The LRI understands that Malaysia’s Bernas has purchased 20,000 MTS of Thai 5% broken white rice. Delivery is required by December.

The Philippines’ National Food Authority has again extended the shipment period for the first phase of rice imports for a total of 805,200 MTS under the Minimum Access Volume scheme. Imports...

South Korea’s Agro-Fisheries and Food Trade Corporation will hold a Minimum Market Access tender for a total of 92,783 MTS. Bids must be registered by 31 August and e-bidding will take place...

The LRI understands that ADM was awarded 30,000 MTS of Uruguayan rice and 30,000 MTS of U.S. rice in the Iraqi Ministry of Trade’s 12 August global origin white rice tender. The awarded...

The LRI understands that the Turkish government has increased the additional tariff on U.S. milled rice imports from 25% to 50% today (15 August). As milled rice imports from all origins are...

The LRI understands that Irfan Noman Bernas, VMS Trading and LMJ Services have been awarded in Mauritius’ State Trading Corporation’s 13 July tender for 6,000 MTS (+/-10%) of long grain...

The LRI understands that the Iraqi Ministry of Trade has received the following offers in its 12 August global origin white rice tender. These offers will remain valid until 16 August.<br />

The USDA has lowered its forecast of 2018/19 global milled rice supply to 631.38 million MTS in its latest WASDE report due to anticipated production declines in Madagascar and Iraq. Global exports...

The FAO's All Rice Price Index declined by 6 points (-2.55%) last month to 229 points, according to its August 2018 report. The price of higher quality Indica rice decreased by 4.78% and the...

The LRI understands that the Iraqi Ministry of Trade has announced a global origin tender for a minimum of 30,000 MTS. Offers must be submitted by 12 August and will remain valid until 16 August....

The Philippines’ National Food Authority has extended the shipment period for the first phase of rice imports for a total of 805,200 MTS under the Minimum Access Volume scheme. Imports under...