Tuesday, January 10, 2012
Cut at least 10% of U.S. rice prices are expected to rise about three meters into the.
U.S. Rice Producers Association <P> 12, said the U.S. rice production this year, or at least cut than expected 10%, it is difficult to achieve the desired, which will once again push the international price of rice by 30%. .Last year the United States is the world's fourth-largest rice exporter. .</ P> <P> President of the United States Rice Producers Association, said Dwight Roberts, due to hot weather areas of the United States and the rice yield rate of rice futures on the Chicago market before January next year, may rise to 100 .pounds 16-17 U.S. dollars. .He has correctly predicted rice topped $ 16 last year. .</ P> <P> poor production may inhibit U.S. exports. .The recent floods in Pakistan yield greatly reduced, and the country last year is the third largest exporter. .Relative to the June 30 low of $ 9.55 for the year reached, rice futures have risen 37% so far. .</ P> <P> rice market consulting services company Firstgrain Milo Hamilton, president of the U.S. rice output of 11 situation, "said Price had just started to rise. We are facing is a problem crops." < ./ P> <P> that this year the U.S. Department of Agriculture estimated the country's rice production decreased by 5% to 11 million tons, and estimated yield per hectare from 2005 to 2006 will be reduced to the lowest level since the crop season. .</ P> <P> addition to rice, other problems crop yields by market concerns. .FAO released in September of this year's "World Crop Prospects and Food Situation" report said that since July this year, the international price of wheat soared 60-80%, corn prices rose about 40%. .</ P> <P> experts believe that the factors affected by extreme weather, the world's major grain producing areas of production cuts, soaring international food prices this year incentive. .This year, the Russian grain production is expected to drop more than 30%, Germany is expected to cut 20% of wheat, Canadian wheat is expected to cut 17%. .In addition, Ukraine, Kazakhstan and Australia, the world's major grain-producing areas also occur due to abnormal weather cut. .</ P> <P> to ensure domestic supply, and inhibited food prices, the Russian government decided to temporarily ban food exports, the Government of Ukraine also intends to limit food exports before the end of this year. .</ P> <P> the international market to react violently to this. .This year in August, the United States Chicago Board of Trade September soft red winter wheat for delivery daily limit, 23 months to hit its highest level in 80% higher than in June. .Delivery of the Stock Exchange in December last week, corn futures hit daily limit, to $ 5.7325 a bushel. .Since September 2008 reached the highest level. .Affected by this pull, the International Maize and rice and other grains prices have ushered in a rally. .</ P>.
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