Market Update

Don't look for any type of U.S. Department of Agriculture market reports, ag statistics or supply and demand estimates as long as the government remains shut down. That was the status update the USDA issued Dec. 28, 2018, one of...

• By Kurt Guidry • When examining the market situation for a commodity and trying to project where that market may trend, it can often be useful to look back at similar years. When looking at the current rice market,...

The recently negotiated United States-Mexico-Canada Agreement, likely successor to the North American Free Trade Agreement, should go a long way at eliminating incentives for Mexico to import rice from countries other than the United States. That is the conclusion...

USDA-ERS agricultural economist Nathan Childs recently provided a glimpse into how the 2018-19 rice marketing year is expected to shape up. • By Vicky Boyd, Editor • The 2017-18 rice marketing year is just a few days shy of ending, but...

Although it’s still too early to tell, delayed planting could shore up at least short-term prices. By Kurt Guidry — Information coming from the U.S. Department of Agriculture over the past several weeks has been mixed in terms of providing...

Shorter supplies have shorn up the current market, but increased 2018 planting projections cloud long-term price outlook. By Kurt Guidry When reviewing the factors influencing the rice market, it becomes fairly apparent that contrasting forces could shape future price movement. On one...

With tight world supplies, an interruption anywhere could likely send prices higher and help U.S. exports. By Vicky Boyd Editor Once the top rice-exporting country globally in 1980, the United States has since slipped to a distant sixth place where it...

Year-end doldrums mean little potential for prices to climb until after the start of the new year. By Kurt Guidry The rice market appears to be stuck in a sideways trading pattern with little indications of significant moves in either direction....

Lower overall supplies, higher prices conspire to reduce demand for this year’s crop. By Kurt Guidry After struggling to find support for prices for most of 2016, the rice market has been able to enjoy moderate price increases to this point...

Lower acreage, increased export expectations bring market optimism, but more export sales will be needed to significantly boost prices. By Kurt Guidry The rice market finally received some positive fundamental supply and demand news over the past few weeks with the release...

With an imbalance between supply and demand, lower production and supplies will be needed in 2017 to strengthen prices. By Kurt Guidry The rice market in Louisiana and much of the Southern rice-growing states continues to be pressured with large supplies and...

Market needs a spark in demand, particularly from foreign buyers, to reach upside price potential. By Kurt Guidry The news for the rice market continued to be grim with the release of U.S. Department of Agriculture’s October 2016 Supply and Demand estimates. The overriding theme is large...

For the first time since 2008, Cuba has accepted a 20-ton shipment of U.S. long-grain rice. The move comes after President Barack Obama declared in December 2015 that he would restore full diplomatic relations with Cuba and the United States...

  To create positive momentum and remove the cloud moving forward, demand and accompanying sales will need to increase. By Kurt Guidry While there were no changes made in the supply and demand numbers released in the April release of U.S. Department...

Erratic export demand, strong U.S. dollar and higher U.S. rice prices conspire to soften short-term market outlook. By Kurt Guidry The supply and demand outlook for the rice market remained mostly unchanged with the release of U.S. Department of Agriculture’s World Agriculture Supply and Demand Estimates...