Browse Data and Analysis

Export prices leveled off due to sales of government stocks and quiet demand for parboiled rice.

On May 6, Taiwan completed a normal tender GF4-105-041 for 1,000 MT of U.S. short grain milled glutinous rice.

Export prices increased 2 to 3 percent due to further tightening of the domestic rice supply.

Export prices were unchanged over the week of April 30-May 6, 2016, compared to the previous week. Prices were firm at high levels possibly due to the support of the border trade demand from China.

The report provides trade data on Vietnam's monthly rice exports by grades and destinations, and weekly quotes for export rice by grades.

On April 29, Taiwan published the first 2016 U.S. rice Country Specific Quota (CSQ) normal tender for 1,000 MT of short grain milled glutinous rice for delivery from October 1 - December 31, 2016.

Export prices increased 3 to 5 percent due to strong enquiries for parboiled rice while domestic supplies are expected to be tighter.

Domestic and export prices continued to increase around 1 to 2 percent due to tighter domestic supplies. The new public tender for 1.2 million metric tons will be issued on May 19, 2016.

Production of rice, beans, and pulses is forecast to decline in MY 2015/16 due to unfavorable weather conditions.

Post continues to forecast MY 2016/17 wheat production at 88 million metric tons (MMT) based on the initial harvest reports from the major producing states.

Australian wheat production in 2016/17 is forecast at 24 million MT, around the same level as the previous year.

Domestic and export prices continued to increase around 1 to 2 percent as domestic supplies remain tight.