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UAE update

24 / 04 / 2019

UAE update

The USDA has forecast the United Arab Emirates’ (UAE) rice imports in 2020 at 1 million MTS (milled equivalent), up by 11.1% year-on-year, due to rising consumption and government efforts to...

Myanmar exports update

24 / 04 / 2019

Myanmar exports update

Total Myanmar rice exports in the 2018/19 financial year (April – March) declined by approximately 33.3% year-on-year to 2.38 million MTS, according to local reports citing the Myanmar Rice...

Ivory Coast update

23 / 04 / 2019

Ivory Coast update

The USDA has forecast the Ivory Coast’s milled rice production in the 2019/20 marketing year (October – September) at 1.4 million MTS, up by 7.36% year-on-year. Both the harvested area and...

E.U. update

23 / 04 / 2019

E.U. update

The USDA has forecast the European Union’s (E.U.) milled rice production in the 2019/20 marketing year (September – August) at 2.01 million MTS, up by 3.71% year-on-year. Paddy production from...

China update

23 / 04 / 2019

China update

The USDA has forecast China’s milled rice production in the 2019/20 marketing year (July – June) at 145 million MTS, up by 0.99% year-on-year. Although harvested area is forecast to decline to 30...

USDA releases its latest WASDE and Crop Production reports

09 / 04 / 2019

USDA releases its latest WASDE and Crop Production reports

The USDA has lowered its forecast for 2018/19 global rice supply in its latest WASDE report by 400,000 MTS to 663.8 million MTS on account of reduced prospects for global carryover stocks and...

India's export subsidy to expire on 25 March

15 / 03 / 2019

India's export subsidy to expire on 25 March

Indian government officials held a meeting today (15 March), which included discussions about the 5% export subsidy scheme introduced on 26 November 2018, according to market participants. As the...

USDA releases its latest WASDE report

08 / 03 / 2019

USDA releases its latest WASDE report

The USDA has raised its forecast for 2018/19 global rice supply in its latest WASDE report by 6.3 million MTS to 664.2 million MTS on account of a significant increase in Indian production. The...

Japan’s MAFF MA tender results

08 / 03 / 2019

Japan’s MAFF MA tender results

Japan’s Ministry of Agriculture, Forestry and Fisheries has awarded the full 53,128 MTS in its 8 March Minimum Access tender. Please see the table below for more details.

AMIS releases Market Monitor update

07 / 03 / 2019

AMIS releases Market Monitor update

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 514.9 million MTS, a 1.6%...