Tag Archives: COVID-19

New year, fresh start

2019 arkansas rice outlook conference

It seems like we spent a good portion of the past year counting the days until it would be over — and now it finally is. We’re turning the page on what by all accounts was a pretty terrible year. At the risk of jinxing us, 2021 is off to a good start. Most importantly, the scientific and medical community ... Read More »

Without acreage decreases and demand increases, 2021 prices could soften

offloading rice

• By Kurt Guidry • Tight stocks and favorable demand have helped support rice prices for much of 2020, which saw a large increase in rice acres and the potential for drastically higher production and supply levels. Historically, this type of situation would result in heavy downward pressure on prices. While 2020 prices were lower than levels experienced in 2019, ... Read More »

Mississippi ag industry posted 2020 estimated value of $7.35 billion

Thad rice variety

Mississippi farmers generated an estimated agricultural value of $7.35 billion in 2020, a 5% increase from 2019 that saw soybeans top forestry for the No. 2 spot behind poultry. The predicted total ag value exceeds 2019’s production value of $7.01 billion, marking the ninth consecutive year that agriculture topped $7 billion in the state. Keith Coble, head of the Mississippi ... Read More »

Rice market remains resilient but could face headwinds later in 2021

damaged rice kernels

• By Kurt M. Guidry • Despite several challenges in 2020, the rice market has been resilient and has remained fairly stable. The first challenge was the large increase in acres in 2020, most of which were in long grain. Total acres harvested this season are estimated at just under 3 million acres, roughly 21% more than in 2019. A ... Read More »