Rice Market: Long Awaited Iraq Tender Arrives Jan 27, 2021

🕔Jan 27, 2021
Iraq’s Ministry of Trade has announced a global tender for 30,000 MT of rice. This tender is outside of the US-Iraq Memorandum of Understanding (MOU) and can be filled by any […]

Rice Market Update: Possible Demand Increases from Central America Jan 22, 2021

🕔Jan 22, 2021
The rice market continues firm as a result of a 13% reduction in carryover stocks in the January WASDE report at 26.3 million cwts. Demand from paddy buyers in Mexico and […]

Global Markets: Rice – Philippines’ Import Forecast Cut Amid Larger Production Jan 15, 2021

🕔Jan 15, 2021
In 2018/19, the Philippines became the largest rice importer, following the removal of quantitative restrictions on its imports. However, in 2020/21 imports are set to decline for the second year […]

Rice Market Update: Prices Calm Before the Storm? Jan 15, 2021

🕔Jan 15, 2021
The spot market throughout much of the delta remains quiet. While rice continues to lightly trade, the market is lacking any significant developments that would cause prices to come off their […]

WASD Rice: Higher Domestic Use, Reduced Exports Jan 12, 2021

🕔Jan 12, 2021
The outlook for 2020/21 U.S. rice this month is for larger supplies, higher domestic use, decreased exports, and lower ending stocks. Supplies are raised as increased production more than offsets […]

Rice Market Update: What Lies Ahead in the New Year? Jan 8, 2021

🕔Jan 8, 2021
As expected, over the holidays there was minimal movement in the cash market. Prices are largely reported to be sideways since mid-December but that may begin to shift as we […]

Rice Market: U.S.-Korea Quota Agreement Fulfilled Overnight Dec 17, 2020

🕔Dec 17, 2020
Last night, following a year full of obstacles to overcome, the U.S. and Korea finally fulfilled contracting requirements for the U.S. country-specific quota (CSQ) agreement. The CSQ agreement called for […]

Global Markets: Rice – Abundant Supply, Low Prices Fuel Indian Exports Dec 11, 2020

🕔Dec 11, 2020
For 2020, exports from India are expected to reach a record, whereas exports from Thailand are estimated to be the lowest in 24 years, slipping from being the second to […]

WASDE Rice: Unchanged Domestic Use, Increased Ending Stocks Dec 10, 2020

🕔Dec 10, 2020
The outlook for 2020/21 U.S. rice this month is for slightly lower supplies, unchanged domestic use, decreased exports, and higher ending stocks. Supplies are lowered, all on reduced medium- and […]

Rice Market Update: Slow but Steady, Looking for Direction Nov 13, 2020

🕔Nov 13, 2020
Cash Market Update In the South, the cash market has traded mostly sideways for the past several weeks. There is just enough trading taking place that the market is remaining […]

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