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Tag "rice trade"

Rice Update: Market Pulls Back, Bullish Potential Remains

Rice Update: Market Pulls Back, Bullish Potential Remains

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Jun 23, 2017

The rice market has taken a bit of a breather since last week’s report as many of the underlying market factors have become less positive during the interim.  Weekly export sales were off very significantly from last weeks’ values. There

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U.S. Rice Allowed Access into Colombia

U.S. Rice Allowed Access into Colombia

👤By Sarah Moran, USA Rice 🕔Jun 22, 2017

On June 6, 2017, the Colombian Agricultural Institute (ICA) published “Official Resolution #6705 of 2017” which removed a previous resolution that restricted imported U.S. paddy rice to the port of Barranquilla. The previous resolution also implemented phytosanitary measures for the

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Rice Market: Iraq Extends U.S. Trade Agreement

Rice Market: Iraq Extends U.S. Trade Agreement

👤By Hugh Maginnis, USA Rice 🕔Jun 21, 2017

USA Rice orchestrated a coordinated effort with U.S. State Department and Embassy officials in Baghdad to ensure the extension of the U.S.-Iraq Memorandum of Understanding (MOU) for rice that was set to expire last week.  It has now been confirmed

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Rice Update: New Rice Crop Acreage a Big Question Mark​

Rice Update: New Rice Crop Acreage a Big Question Mark​

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Jun 16, 2017

Weather has become less of a concern in rice country as the conditions across the U.S. rice growing region have improved significantly since the last report.  From a grower’s perspective, marketing conditions have made notable inroads as well.  Much has

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Rice Outlook: U.S. Export Forecasts Raised for 2016/17 and 2017/18

Rice Outlook: U.S. Export Forecasts Raised for 2016/17 and 2017/18

👤From USDA 🕔Jun 13, 2017

The 2017/18 total U.S. supply forecast was lowered 2.0 million cwt to 271.1 million cwt due to a smaller carryin. Production in 2017/18 remains forecast at 201.0 million cwt, down 10 percent from a year earlier. The 2017/18 U.S. export

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USA Rice: Do No Harm in NAFTA Modernization

USA Rice: Do No Harm in NAFTA Modernization

👤By Michael Klein, USA Rice 🕔Jun 12, 2017

On Friday, USA Rice reminded the Trump Administration that NAFTA remains a win for U.S. rice and urged negotiators to be mindful of the benefits the agreement has brought and to do no harm as it is modernized. “NAFTA is

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WASDE Rice: U.S. Stocks Lowered on Heightened Exports

👤From USDA 🕔Jun 9, 2017

U.S. 2016/17 rice ending stocks are lowered 2.0 million cwt this month on increased exports. Milled exports for 2016/17 are raised 4.0 million cwt on strong demand particularly in the Middle East. However, rough exports for 2016/17 are lowered 2.0

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Rice Market: Uncertainty About U.S. Long Grain Acreage Supportive of Prices

👤By Bobby Coats, University of Arkansas Professor of Economics 🕔Jun 7, 2017

Domestic and global rice fundamentals remain bearish while U.S. acreage decrease may help firm near-term prices. Presently, I am cautiously bullish on U.S. long grain rice prices. The U.S. and global long grain rice market is a highly complex and

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Rice Market: U.S. Exports to Mexico 23% Higher Than Last Year

Rice Market: U.S. Exports to Mexico 23% Higher Than Last Year

👤By Sarah Moran, USA Rice 🕔Jun 5, 2017

U.S. rice exports to Mexico in the first four months of 2017 are up an impressive 23 percent over last year, bringing the U.S. market share to 93 percent, the highest since 2013. According to official Government of Mexico (GOM)

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Rice Update: Uncertainty in Extent of Flood Damage Keeps Market on Its Toes

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Jun 2, 2017

For the third week in a row the weather continues to dominate the fundamentals in the rice market’s pricing complex.  Uncertainty arising from the amount of damage from the flooding in the Upper Delta region has kept the market on

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