The Latest

Upcoming Events


Send press releases to Ernst@Agfax.com.

View All Events


Send press releases to Ernst@Agfax.com.

View All Events

Back to homepage

Tag "rice trade"

Rice Outlook: Global Ending Stocks Projected Highest Since 2000/01

Rice Outlook: Global Ending Stocks Projected Highest Since 2000/01

👤From USDA 🕔Oct 17, 2017

There were only minor revisions to the U.S. 2017/18 rice supply-and-use balance sheet this month. The only supply-side revision was a 1.1-million hundredweight (cwt) decrease in the U.S. production forecast to 178.6 million cwt, 20 percent below a year earlier.

Read Full Article
Global Markets: Rice – China’s Stocks Continue Rapid Growth, Consumption Remains Steady

Global Markets: Rice – China’s Stocks Continue Rapid Growth, Consumption Remains Steady

👤From USDA 🕔Oct 13, 2017

Export quotes for the top Asian suppliers remained relatively flat over the past month, down from the pre-harvest peaks. The narrow spread between Asian exporters reflects strong competition for the ongoing Bangladeshi tenders. Thai and Indian quotes have converged around

Read Full Article
WASDE Rice: U.S. Production Lowered to Smallest Crop in 20 Years

WASDE Rice: U.S. Production Lowered to Smallest Crop in 20 Years

👤From USDA 🕔Oct 12, 2017

The 2017/18 U.S. rice crop is reduced 1.1 million cwt to 178.6 million on lower yields and slightly lower harvested area. This is the smallest all rice crop since 1996/97. The average yield forecast is lowered 35 pounds per acre

Read Full Article
Rice Update: Harvest Pressure Slows Market, Long Term Outlook Remains Positive

Rice Update: Harvest Pressure Slows Market, Long Term Outlook Remains Positive

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Oct 6, 2017

Another week has passed in the rice industry with very little movement in most areas of the market. The weekly export sales report has improved slightly over last week’s volume but the significant tonnage that will impact the market has yet

Read Full Article
Rice Update: Farmers and Buyers Playing Price Tug O’ War

Rice Update: Farmers and Buyers Playing Price Tug O’ War

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Sep 29, 2017

The rice industry has had another interesting week as the market begins to slow down and the factors impacting the new crop become even more apparent. This week’s export sales report showed modest volume gains over the previous report, however

Read Full Article
Rice Update: Strong Case for Better Price Scenario

Rice Update: Strong Case for Better Price Scenario

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Sep 22, 2017

The rice industry continues to work its way through a complex maze of market and production factors this week as the market fundamentals seem to be firming up while the actual production estimates remain in limbo.  Overseas markets, specifically Asia,

Read Full Article
Dossett on Rice: Price Rally in Thailand; South Korea Plans Buy for Reserve

Dossett on Rice: Price Rally in Thailand; South Korea Plans Buy for Reserve

👤By Markham Dossett, Talon Asset Management, LLC, Waco, Texas 🕔Sep 22, 2017

Cash Markets Rice prices in Thailand rallied again this week. White 5% is up to $415 from $400 last week. Opposition parties in Bangladesh are now claiming that some of the rice the government bought from Thailand is rotten. India

Read Full Article
Rice Update: USDA Drops Ending Stocks to 10-Year Low

Rice Update: USDA Drops Ending Stocks to 10-Year Low

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Sep 15, 2017

It has continued to be interesting times in the rice world over the past week as growers in Texas cope with the aftermath of Hurricane Harvey and the monthly WASDE report was issued causing market impacts within the market. On

Read Full Article
Rice Outlook: U.S. 2017/18 Crop Forecast Lowered 4%

Rice Outlook: U.S. 2017/18 Crop Forecast Lowered 4%

👤From USDA 🕔Sep 15, 2017

The U.S. 2017/18 U.S. rice crop forecast was lowered 6.7 million cwt to 179.7 million cwt this month, 20 percent below a year earlier. The downward revision is the result of a lower NASS-reported harvested area estimate that incorporated FSA

Read Full Article
Global Markets: Rice – Burmese Exports Continue to Rise; Thai Prices Spike Upwards

Global Markets: Rice – Burmese Exports Continue to Rise; Thai Prices Spike Upwards

👤From USDA 🕔Sep 13, 2017

With a spike in shipments thus far in 2017 and additional recent sales, Burma is now forecast to export 2.4 million tons in 2017, up fourfold from a decade ago. Burma’s exports have expanded rapidly, most notably to China. Burma’s

Read Full Article