Rice Market: New U.S. Trade Opportunities in 2020, 2021 Sep 21, 2020

🕔Sep 21, 2020
Global weather issues and panic-buying induced by COVID-19 have exhausted local supplies of rice throughout many heavy rice-consuming countries in 2020.  This environment has presented unique export opportunities for U.S. […]

Rice Market: More Bullish Than Bearish Sep 16, 2020

🕔Sep 16, 2020
In the domestic market, damage from Hurricane Laura is still being assessed. It is widely accepted that damage has occurred to the 2020 rice crop in most production areas. However, […]

Arkansas Rice: Supply/Demand Report Mostly Bearish Sep 14, 2020

🕔Sep 14, 2020
The September supply/demand report was not friendly to the rice market. For starters, USDA made some bearish adjustments to the old crop (2019/20) balance sheet. Imports were increased by .3 […]

Global Markets: Rice – India’s Exports Soar on Competitive Prices Relative to Thailand Sep 11, 2020

🕔Sep 11, 2020
India’s exports are anticipated to continue to climb and well exceed those from Thailand on the continued decoupling of prices between the two exporters, mirroring the situation seen nearly a […]

Rice Market Update: Production Levels Uncertain Following Hurricanes Sep 11, 2020

🕔Sep 11, 2020
Things are beginning to liven up in the rice market in the aftermath of the recent hurricanes and the uncertainty that continues to surround the US rice crop production. In […]

Rice Market: Brazil Opens Temporary, Rare Duty-Free Quota Sep 10, 2020

🕔Sep 10, 2020
On August 27, USA Rice reported on the exploration by Brazil’s Ministry of Agriculture into a temporary import suspension for rice.  Yesterday evening, Brazil’s Executive Secretary of the Foreign Trade […]

Rice: New Import Data Helps Better Monitor Market Trends Sep 9, 2020

🕔Sep 9, 2020
On July 1, the U.S. International Trade Commission (ITC) implemented new Harmonized Tariff Schedule (HTS) codes for milled and brown jasmine and milled basmati rice, following a successful petition led […]

Rice Market Update: Weather Continues to Dominate Harvest News Sep 4, 2020

🕔Sep 4, 2020
Not surprisingly, the big story this week was the path left by Hurricane Laura as it roared through Louisiana and the Delta. This category 4 Atlantic hurricane was one of […]

Rice Market Update: Damage Assessment from Laura Ongoing Aug 28, 2020

🕔Aug 28, 2020
It has been a rough week in the rice industry with all eyes on Hurricane Laura as it plows through the majority of the long grain rice production and halts […]

Rice Market: Brazil Looks to Temporarily Suspend Tariffs on Imports Aug 27, 2020

🕔Aug 27, 2020
Following months of high domestic pricing and growing inflation and economic issues, Brazil’s Ministry of Agriculture is exploring a temporary elimination of import tariffs on rice, corn, and soybeans for […]

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