Dossett on Rice: Beware of Planting Too Much Rice in 2019

🕔Dec 21, 2018CASH MARKET Thai rice prices have remained steady to higher for 3 weeks. White 5% is up to $404. Thai officials still believe they can export 11 MM tons because […]

U.S. Rice Market: Futures Have had Good Run

🕔Oct 5, 2018The export sales report for the week reported low volume for the current installment, a roughly 70% decrease over the volume of the previous report.   Of note is the sale […]

U.S. Rice Sale to Iraq a Shot in the Arm

🕔Oct 5, 2018Following closely on the heels of a 30,000 MT award in August, Iraq has just announced another purchase of 90,000 MT of U.S. rice.  Last month, Iraq’s Ministry of Trade […]

Rice Market: U.S. Wins Iraqi Global Tender

🕔Aug 22, 2018Iraq recently agreed to purchase 30,000 MT of U.S. rice on a public tender with shipment scheduled sometime this fall. This purchase by Iraq’s Ministry of Trade was done under […]

Dossett on Rice: September Futures Broke Through this Week

🕔Aug 3, 2018CASH MARKETS Thai rice prices are starting to firm up. The 5% White traded $399 this week, up $2 from last week. Vietnam is a little lower at $390. India prices […]

Global Markets: Wheat – Indonesia Forecast as Largest Importer, Increasingly Supplied by Black Sea

🕔Feb 9, 2018Indonesia is forecast to be the largest wheat importer for 2017/18 at 12.5 million metric tons, passing Egypt, which has traditionally been the top wheat importer. Indonesia wheat imports have […]

Global Markets: Wheat – Imports Surge in Indonesia, Middle East

🕔Dec 13, 2017Indonesia: Strong Wheat Imports Displace Other Grains Indonesia’s drive for self-sufficiency is resulting in record wheat imports displacing imported rice and corn. The country’s rise to the second-largest wheat importer […]

Rice Update: Firm Market Brings Optimism to Farmers

🕔Dec 1, 2017The rice market continues to be quiet but upbeat as the market continues to digest the recent positive news of the Iraqi purchase.  Export sales were reported as “off” from […]

Rice Market: Iraq Makes Huge Purchase from U.S. Under Memorandum of Understanding

🕔Nov 16, 2017Six months after the first U.S. rice purchase by Iraq under the Memorandum of Understanding (MOU) between the two countries, Iraq has awarded a new 90,000 metric ton order for […]

Dossett on Rice: Prices Have Been Stable; Watch for More Contracts

🕔Aug 18, 2017Cash Rice Market Prices in India are rock solid. The monsoon has progressed and it looks like a good crop. Prices in Thailand are slipping lower. The price for White Rice […]

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