Editor's Picks
Tag: rice trade
Rice Market Update: Unpredictable Market Keeps Prices Firm Sep 19, 2022
With the Indian tariff situation, a rail strike that is temporarily averted, and harvest in full swing, there is much to consider this week in the rice market. To follow convention, […]
WASDE Rice: Reduced Domestic Use, Smaller Stocks Sep 14, 2022
The outlook for 2022/23 U.S. rice this month is for lower supplies, reduced domestic use and exports, and smaller ending stocks. Supplies are reduced on a combination of lower beginning […]
Rice Market: India Moves to Curb Exports Sep 12, 2022
Last week it was announced that all non-basmati and non-parboiled rice exports out of India would incur a 20 percent export tariff in addition to the recent ban put in […]
Rice Market Update: Arkansas Harvest – Is No News Good News? Sep 12, 2022
In the latest crop progress report released by the USDA, Louisiana was pegged at 75% complete which lags the historical average by 5%. Mississippi and Texas are both on pace […]
Rice Market: A Week of Give and Take Sep 5, 2022
It was a week of give and take in the rice market. After solid gains Tuesday and Wednesday for November futures, most of those were given back on Thursday with […]
Rice Market Update: Arkansas Harvest Results Influence U.S. Long Grain Prices Sep 3, 2022
Harvest continues to produce solid results as we begin the new month. Texas is heading into its final stretch with Louisiana just behind, with perhaps 10% and 15% left to […]
Rice Market Update: All Eyes Are On Harvest Aug 27, 2022
More reports are coming in of an average to above average crop, which is great news for mills looking for head rice, and producers looking for yields. The domestic business […]
Rice Market: Widening Spread in Sep/Nov Futures Spread Aug 27, 2022
This week we’ll shift our attention to November rice futures. Over the past week, open interest has been evaporating fast in the September contract. This exit is typical in the […]
Rice Market Update: Iraq Completes MOU Purchase, U.S. Imports at All-Time High Aug 21, 2022
It is encouraging to see Iraq hold up to its end of the MOU with the U.S. despite prices being nearly double that of competing origins. Iraq has confirmed that they […]
Rice Market: Several Bearish Factors at Play, Basis Levels Steady Aug 21, 2022
At the very end of what was a bearish week, Chicago rice futures turned sharply higher on Friday. Ahead of the close, the September contract was trading 58 cents higher […]
