Rice Market: Iraq Purchases 120,000 MT from U.S. Under New Tender

🕔May 29, 2019Iraq’s Ministry of Trade has purchased 120,000 MT of U.S. rice that is four times the amount they had originally intended to purchase. A tender for 30,000 MT issued earlier […]

Dossett on Rice: Iraq Flip Flop and Then There’s the Weather

🕔May 17, 2019Cash Market Thailand and India White 5% broken made a little jump this week.  Thai rice moved up to $413 MT, India moved up to $377 MT. Thailand is maintaining […]

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 […]

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