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Tag "rice trade"

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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WASDE Rice: Global Production Sees Slight Gain

WASDE Rice: Global Production Sees Slight Gain

👤From USDA 🕔Mar 9, 2017

The U.S. 2016/17 rice supply and demand estimates are unchanged this month. The all rice marketing year average price is also unchanged with the midpoint of the range at $10.50 per cwt. Medium-and short-grain prices are raised slightly. Global rice

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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 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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Rice: Korea Reducing Production and Excess Stocks

Rice: Korea Reducing Production and Excess Stocks

👤By Jim Guinn, USA Rice 🕔Feb 22, 2017

Due to higher than normal yield for the past few years and the resulting oversupply and price pressure, the Korean government is attempting to reach a balance between rice supply and demand by 2018. The plan entails seeking a gradual

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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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Global Markets: Rice – Stiff Competition Among Exporters as Global Trade Expands

Global Markets: Rice – Stiff Competition Among Exporters as Global Trade Expands

👤From USDA 🕔Feb 10, 2017

Global rice trade is forecast to rise in 2017, on larger imports by Asian and Middle Eastern countries. Trade is projected up 3 percent from the prior year to the third-largest on record. This reverses the recent 2-year contraction that

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WASDE Rice: U.S. Ending Stocks Raised to Highest Since 1986

WASDE Rice: U.S. Ending Stocks Raised to Highest Since 1986

👤From USDA 🕔Feb 9, 2017

U.S. 2016/17 rice exports are lowered 2.0 million cwt to 110.0 million. Long-grain milled exports account for the entire reduction and reflect the sales and shipment pace to date. U.S. ending stocks are raised by an equal amount and are

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Rice Update: Quiet Market Making Planting Decisions Difficult​

Rice Update: Quiet Market Making Planting Decisions Difficult​

👤From The Rice Advocate, U.S. Rice Producers Association 🕔Feb 3, 2017

Another quiet week has come and gone in the rice industry with very little new to discuss since the last report. The cash markets have been very stable and in some cases have gone dormant. This is not terribly surprising

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