Rice Market Update: Gulf Coast Harvest Gets Early Start Jul 2, 2020

🕔Jul 2, 2020
The 2020/21 rice crop continues to mature, and based on the latest USDA data, rice headed is significantly ahead of last year at this time, and on pace with the […]

Rice Outlook: U.S. Export Forecasts Lowered for Both 2019/20 and 2020/21 Jun 26, 2020

🕔Jun 26, 2020
There were several changes this month to both the 2019/20 and 2020/21 U.S. rice balance sheets. For 2019/20, imports were raised, domestic use increased, and exports were lowered, resulting in […]

Rice Market Update: Early Harvest Anticipated Along the Gulf Coast Jun 25, 2020

🕔Jun 25, 2020
The growing season continues across the U.S. unabated even as weather patterns and market conditions shift from the previous weeks’ trends. In the export sales report this week, it was another […]

USA Rice Petitions for Removal of GSP Import Benefits Jun 23, 2020

🕔Jun 23, 2020
Last week, USA Rice provided virtual testimony to the U.S. International Trade Commission (USITC) in support of removing rice from the list of eligible commodities under the Generalized System of […]

U.S. Rice Makes Inroads in Japanese Consumer Market Jun 22, 2020

🕔Jun 22, 2020
A recent article in the Shokei Advice, a rice trade paper, reported on U.S. medium grain Calrose rice that attracted a lot of attention from consumers shopping at Gyomu Super, a […]

Rice Market Update: All Eyes on New Crop Harvest Jun 19, 2020

🕔Jun 19, 2020
There still appears to be buyers of old crop seeking immediate delivery, but they continue to struggle to secure the inventory. It looks like the best cash price at the […]

Rice: U.S. Maintains Status as World’s 5th Largest Exporter Jun 15, 2020

🕔Jun 15, 2020
Just a month ago, 2020 rice trade was all-but-guaranteed to be turned upside down following the impact of COVID-19 on shipping and the chaotic procurement of staple commodities.  However, the […]

Global Markets: Rice – Prices Remain High on Constrained Supplies, Robust Demand Jun 12, 2020

🕔Jun 12, 2020
Since the beginning of 2020, export quotes have risen sharply by 15 to 30 percent for most exporters, initially elevating when export restrictions were implemented. Despite the reversal of most […]

Rice Market Update: Increased Imports Contribute to Bearish WASDE Report Jun 11, 2020

🕔Jun 11, 2020
Despite the tropical system that has settled over much of the rice growing region, the industry has stayed the course over the past week and continues the slow progression to […]

Rice: Do Increased Futures Mean Increased Profitability? Jun 9, 2020

🕔Jun 9, 2020
During the COVID-19 pandemic, international rice prices peaked amid domestic supply concerns and the institution of export restrictions by many foreign suppliers.  As countries implemented measures aimed at mitigating the […]

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