Rice market remains resilient but could face headwinds later in 2021
Much stronger foundation
Tight stocks, positive market set the tone for this season
Market momentum continues as rough, milled exports remain strong
Strong exports help buoy the market and point to higher prices
U.S., Korea reach agreement on market access
USDA releases MFP payment information
Wet weather, yields and demand
Large rice stocks continue to weigh heavily on the market, prices
Assuming stable U.S. rice acres for 2019, look for a repeat of the 2018-19 market
