Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   
 


Home > News

U.S. 2010-11 total rice supply forecast decreased

19.08.2010 10:32 "Agro Perspectiva" (Kyiv) There were several supply side revisions this month to the U.S. 2010–11 balance sheet, according to the most recent Rice Outlook report from the U. S. Department of Agriculture’s Economic Research Service, USA Rice Federation said on Aug. 16. First, the crop forecast decreased 4.1 million cwt to 245.9 million cwt, still 12% larger than a year earlier and the highest on record. The reduction was based on a lower yield. The first USDA survey-based yield forecast for 2010–11 indicates an average field yield of 7,039 pounds per acre, down 118 pounds from last month’s forecast and 46 pounds below a year earlier. Harvested area remains estimated at 3.5 million acres, up nearly 13% from last year and the highest since 1999–2000. Carryin decreased 4.5 million cwt to 33.9 million cwt due to revisions to the 2009–10 supply and use balance sheet. Estimates for both the long-grain and medium-/short-grain carryin were revised downward. Total imports for 2010–11 are forecast at 20 million cwt, down 1 million cwt from last month’s forecast. These revisions lowered the total U.S. rice supply forecast 3% to 299.8 million cwt, still 11% larger than a year earlier and the highest on record. Total use of U.S. rice in 2010–11 is projected at a record 243 million cwt, up 1 million cwt from last month’s forecast and 3% above a year earlier. Total exports of U.S.-grown rice in 2010–11 are projected at 114 million cwt, up 1 million cwt from last month’s forecast and almost 5% above last year. Total domestic and residual use of all rice remains projected at a record 129 million cwt. These supply and use revisions resulted in a 16% reduction in the 2010–11 ending stocks forecast to 56.8 million cwt, still the highest since 1985–86. There were no revisions to the 2010–11 season average price forecasts this month. Global production in 2010–11 remains forecast at a record 459.2 million tons (milled basis). Increased projections for Costa Rica, Turkey, and Australia were offset by reductions for the U.S. and Guyana. Global disappearance increased by 4.5 million tonnes to 456.6 million tones, with India and Bangladesh accounting for most of the upward revision. Global ending stocks were increased almost 1% to 97.5 million tonnes, up 2.6 million tonnes from the previous year and the largest since 2002–03. Global trade for 2011 is virtually unchanged from last month’s forecast of 31.3 million tonnes. The 2010 trade forecast increased 1% to 30.1 million tonnes, mostly due to larger imports by Bangladesh and Turkey. While Thailand’s trading prices are almost unchanged from last month, Vietnam’s increased 11% due to strong sales. Prices for U.S. long-grain milled rice continue to decline in the face of a record harvest.

Agro Perspectiva

< As of Aug 1, rape stocks were 818,271 MT All news for
19.08.2010
Serbia may export 500,000 tonnes of wheat in 2010. >

01.02.2023  
00:30 Asia-Pacific. In 2021, 396 million people in the region were undernourished - a new report by four UN agencies
30.01.2023  
10:05 Global chicken meat production for 2023 is virtually unchanged from the October forecast at 102.9 MMT
27.01.2023  
17:49 South Africa exports of tangerines/mandarins are forecast to grow by almost 8 percent in 2022/23
15.01.2023  
08:36 Israels planted citrus area in MY 2022/23 is forecast to be 16,200 ha
08:03 Record South American Soybean Supplies Forecast Despite Falling Argentina Crop
07:35 China Total Meat Imports Forecast Higher in 2023
13.01.2023  
06:26 U.S. Sorghum Exports Fall Precipitously
07.01.2023  
19:25 World food prices dip in December. FAO Food Price Index ends 2022 lower than a year earlier
04.01.2023  
16:50 A $15.5 million EU-funded project aims to respond to disruptions to the agricultural sector caused by war
22.12.2022  
15:15 Somalia: FAO calls for fully funded, at-scale and sustained life-saving and livelihoods support to pull people from the brink of famine
12.12.2022  
23:32 Burma importing soybean meal to grow aquaculture industry
10.12.2022  
09:37 Argentina wheat exports fall while Australia soars
09.12.2022  
20:32 Record India Soybean Meal Premiums Disrupt Trade Flows
04.12.2022  
17:09 Global cereal production and trade forecast to fall to three-year lows
17:06 45 countries need external assistance for food
16:37 Global food prices overall hold steady in November
01.12.2022  
04:16 Cargill announces acquisition of Owensboro Grain Company
03:14 FAO and Pacific nations weigh local innovations as solutions to growing climate and nutrition challenges
02:37 Global Environment Facility tasks FAO and IFAD to lead new $230 million agrifood systems transformation program
02:15 Cargill Appoints Brian Sikes as President and Chief Executive Officer, and Dave MacLennan as Executive Chair of the Board
23.11.2022  
05:44 Australia sugar production for 2022/23 is estimated to rise slightly to 4.4 MMT
21.11.2022  
07:54 U.S. provides up to $20 mln for Grain from Ukraine initiative
07:25 Grain from Ukraine program foresees provision of at least 5 mln people with grain until end of spring 2023
16.11.2022  
10:02 World sugar production - 179.6 million tonnes - FAOs preliminary forecast
15.11.2022  
20:11 Rice. The 2022/23 global harvest is still envisaged to remain at an overall average level of 512.6 million tonnes
19:38 World wheat production is forecast to reach a record 784 million tonnes in 2022/23,
19:32 Alarming signs as the global food import bill set to rise to nearly US$2 trillion due to higher prices
10.11.2022  
13:35 Conflict on the Black Sea: a review of Ukraine sunflowerseed
08.11.2022  
08:12 Ukraine: FAO reinforces its presence to optimize technical and humanitarian assistance
02.11.2022  
09:52 Pork. Global production is forecast to rise 1 percent in 2023 to 111.0 million tons as production in China increases
09:33 Turkey raises tariff on imported sunflowerseed
09:24 India: The FSSAI's 2021 Draft Amendments to the Approval of Non-Specified Food and Food Ingredients Regulation is now a Final Amendment in 2022
31.10.2022  
08:00 New $250 million USAID grant will boost FAOs efforts to strengthen global health security and agrifood systems
07:45 Global market overview onions
28.10.2022  
07:00 China: Worlds Largest Walnut Producer Turns to Exports
27.10.2022  
08:44 Credit Union Member Farmers in Ukraine Receive Free Fuel Through Worldwide Foundation for Credit Unions Program
24.10.2022  
13:37 EBRD commits up to EUR3 billion to Ukraine
21.10.2022  
17:00 European Commission and EIB initiate feasibility study to better connect Ukrainian and Moldovan railway networks with EU
14.10.2022  
20:15 EBRD and United Kingdom join forces to back Ukrenergo
20:11 Canada and EBRD join forces to support Ukraines Naftogaz
12.10.2022  
21:03 Strong Farmer Selling Sparks Argentina Exports
20:32 EU Corn Imports Remain High with Smaller Crop
10.10.2022  
19:54 Inflation in Ukraine up to 1.9% in Sept, to 24.6% in annual terms - statistics
09.10.2022  
10:54 Turkey Peach and Nectarine Prospects Continue to Ripen
09:32 EU27 sugar production for MY 2022/23 is forecast at 16 MMT
07.10.2022  
11:35 World Bank improves forecast for growth of Ukrainian economy in 2023 to 3.3%
11:17 Asia-Pacific countries urged to rapidly transform agrifood systems as hopes fade for achieving the Sustainable Development Goals by 2030
11:11 Lower forecasts for 2022/23 global cereal output, utilization and trade
11:05 FAO Food Price Index drops for the sixth consecutive month
10:26 How sustainable forest management can enhance the worlds biodiversity

Also available: 


NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Statistics
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
2002 -2023 © Agrarika, ltd.
tel.: +380 67 4473802; +380 67 5964652
e-mail: client@agroperspectiva.com