Tag Archives: exports

Market momentum continues as rough, milled exports remain strong

rice loading on ship

• By Kurt Guidry • The rice market continues to slowly move up as tighter supplies and generally strong demand has helped to support higher prices. While the December 2019 World Supply and Demand Estimates report did not provide many significant changes from the previous month, the changes it did make reinforced the perceived strong market demand and tighter overall ... Read More »

Chinese rice buyers tour LSU AgCenter facility

touring LSU AgCenter greenhouse

• By Bruce Schultz • A group of seven Chinese rice buyers visited the LSU AgCenter H. Rouse Caffey Rice Research Station Dec. 12 as part of their tour through U.S. rice-growing areas. During the visit, China and the U.S. reached a preliminary trade agreement that increases Chinese purchases of a wide range of agricultural products, including rice. A Chinese ... Read More »

Strong exports help buoy the market and point to higher prices

export ship

• By Kurt Guidry • When examining the market environment for the 2019 rice crop, there are several factors that could be pointed to that would suggest the potential for stronger prices. Adverse conditions at planting, challenging growing season conditions, and lower acreage and production expectations all would suggest higher prices. But despite these supply-side signals, prices during the first ... Read More »

We’re ready to forget 2019, but there are some highlights

think rice truck

Farmers know better than anyone that not every year is going to be easy, but 2019 has certainly tried our collective patience. With heavy rain and even flooding across the country this spring, planting was delayed and almost 750,000 acres never got planted. With more than half of the U.S. rice crop exported annually, ongoing trade disputes, retaliatory tariffs and ... Read More »

U.S., Korea reach agreement on market access

rice exports

The United States and Korea have reached an agreement on market access for U.S. rice, according to a recent announcement from U.S. Agriculture Secretary Sonny Purdue. Under the agreement, which takes effect Jan. 1, 2020, Korea will provide access for 132,304 tons of U.S. rice annually, with an annual value of about $110 million. Korea also agreed to protocols to ... Read More »

USDA expects to begin 2nd round of MFP payments before Thanksgiving

ship

The U.S. Department of Agriculture is expected to begin making the second round of 2019 Market Facilitation Program payments the week before Thanksgiving to help farmers suffering from trade retaliations by foreign nations. Producers of MFP-eligible commodities will be eligible to receive 25% of the total payment expected in addition to the 50% they already have received from the 2019 ... Read More »

U.S. makes first rice sale to China

u.s. rice sales to china

• By Sarah Moran • After decades chasing the enormous China market, a sale of U.S. rice was confirmed last week. “This sale marks a turning point for the U.S. rice industry and its relationship with China as the it is the first ever of U.S. rice to a private importer and is truly historic as it sets the stage ... Read More »

2 Horizon Ag varieties rank in top 3 in Nicaraguan cooking test

steve linscombe cooking test

Horizon Ag Clearfield rice and Provisia rice varieties – CL163 and PVL01 – ranked among the top three varieties for quality in a recent cooking test that compared samples from a previous shipment of U.S. rice to Brazilian and Nicaraguan varieties. The cooking test was part of a recent USA Rice mission to distribute long-grain rice samples to the two ... Read More »

The Farm Bill gets in under the wire

washington, d.c., capitol

After more than two years of work, discussing and debating policies and ironing out the kinks, the 2018 Farm Bill has finally been passed and signed into law, and it’s due largely in part to the perseverance and hard work of USA Rice members. You told us what you needed from the Farm Bill, and we took it to Capitol ... Read More »