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Tag "rice market"

Rice Update: Exports Drop as Planting Begins

Rice Update: Exports Drop as Planting Begins

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Mar 17, 2017

Another week has come and gone, with only minor changes to the fundamental aspects of the rice market.  Unfortunately, this appears to be “business as usual.” The domestic market has shown virtually no change from either a pricing or a

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Dossett On Rice: Not A Time To Be Bearish

Dossett On Rice: Not A Time To Be Bearish

👤By Markham Dossett, Talon Asset Management LLC 🕔Mar 17, 2017

Rice Cash Market: India bids are staying very firm. Strong demand continues from East Africa, Sri Lanka and Madagascar. The Thailand market is quiet as they auction the ethanol-only, junk rice to the world market. Vietnam is converting the lower Mekong

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Dossett On Rice: Waiting To See How Much Long-Grain Plantings Will Drop

Dossett On Rice: Waiting To See How Much Long-Grain Plantings Will Drop

👤By Markham Dossett, Talon Asset Management LLC 🕔Mar 3, 2017

The cash rice market remains quiet. We do continue to see large export sales of rough rice. We have averaged close to 100,000 tons per week for five weeks. Although this is very bullish, my cash merchant friends say that

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Rice: Mexico Opens Market to All Origins at Zero Duty

Rice: Mexico Opens Market to All Origins at Zero Duty

👤By By Marvin Lehrer, USA Rice 🕔Mar 2, 2017

Yesterday (March 1), the Government of Mexico (GOM) officially announced permits of up to 150,000 MT of rice (all types) originating from non-free trade agreement countries, opening the door for Vietnamese milled rice to enter Mexico duty free.  The permits

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Rice Market: Colombia to Remove Import Restrictions on U.S. Rough Rice

Rice Market: Colombia to Remove Import Restrictions on U.S. Rough Rice

👤By Bob Cummings, USA Rice 🕔Mar 1, 2017

The Colombian government informed the United States in early February that it has begun the process of removing existing restrictions on the import of U.S. paddy rice.  USA Rice was informed of this positive news by USDA’s Animal and Plant

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Rice Market: 2017 Acreage Expected to Drop, Mostly in Long-Grain

Rice Market: 2017 Acreage Expected to Drop, Mostly in Long-Grain

👤By Jarrod Hardke and Scott Stiles, University of Arkansas 🕔Mar 1, 2017

Acreage Outlook for 2017 USDA’s annual Ag Outlook Forum took place this week in Washington D.C.  Included in the discussion was an outlook for 2017 planted acreage.  Based on current market conditions U.S. long-grain acreage is expected to decline 22

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Rice Update: Quiet Market as Farmers Head to Fields

Rice Update: Quiet Market as Farmers Head to Fields

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Feb 24, 2017

Another relatively quiet week in the rice market has transpired, with only minor revisions to the existing situation in the industry. Export sales were generally strong this week although as compared to last week’s values look to be lagging.  Any

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Dossett On Rice: Planting Intentions Drop As Expected

Dossett On Rice: Planting Intentions Drop As Expected

👤By Markham Dossett, Talon Asset Management LLC 🕔Feb 24, 2017

USDA held a two-day Ag Outlook Forum in Arlington, Virginia, this week (February 23-24). At this conference they gave us a peek of the acreage shift that was widely anticipated. This should be a confirmed on the March 9 WASDE

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Rice Outlook: U.S. Export Forecast Lowered 2.0 Million Cwt

Rice Outlook: U.S. Export Forecast Lowered 2.0 Million Cwt

👤From USDA 🕔Feb 14, 2017

There were no supply side revisions this month to the U.S. 2016/17 rice balance sheet. On the use side, the U.S. export forecast was lowered 2.0 million cwt to 110.0 million cwt, with long-grain milled rice accounting for all of

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Dossett on Rice: Futures Aim for the Bottom as More Acres Shift to Soybeans

Dossett on Rice: Futures Aim for the Bottom as More Acres Shift to Soybeans

👤By Markham Dossett, Talon Asset Management LLC 🕔Feb 10, 2017

USDA has published the monthly WASDE report. They failed again to subtract the 5MMT that Thailand has admitted is ethanol only. The USDA decreased milled sales by 2MMT because we have no sales to Iraq or Iran. Of course it

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