Input costs have risen alarmingly in recent months. The causes are many, complex and unsustainable. The supply chain issues of the past two years continue to plague commodity industries. The conflict in Ukraine has worsened supply chain disruption, and...
New research estimates economic losses due to congestion, inefficiencies
• By Ria DeBiase •
Between wildfires, drought, a trade war and the COVID-19 pandemic, the last few years have been hard on California farmers. But recent research by agricultural economists from...
• By Scott Stiles •
After touching $14/cwt. in trading Monday and Tuesday, November rice futures turned lower to finish the week. Renewed strength in the U.S. dollar may have played a role in the rice market’s weakness.
In trading Tuesday,...
• By Mary Hightower •
Arkansas ranked No. 1 in the nation in rice exports, according to the State Agricultural Trade database released this week by the U.S. Agriculture Department.
The $722 million contribution by rice was part of the state’s...
• By Scott Stiles •
Although the futures market disagreed and closed lower on Thursday, the June WASDE adjustments were somewhat favorable for rice. The “new crop” or 2021/22 long-grain ending stocks were reduced 2 million cwt to 30.1 million....
• By Scott Stiles •
For rice, it has been a shortened week of narrow trading ranges and declining volume. Open interest was leaking steadily this week out of the old crop July contract and building gradually over in the...
Expected acreage reductions should yield a manageable crop that will help support prices
• By Kurt Guidry •
With rice planting continuing to move forward, the number of acres ultimately planted will likely be important to the overall price picture for...
Last year had unpredictable ups and downs. Unprecedented hurricane and fire seasons wracked both the South and Northern California, international shipping logistics have been disrupted and some of our largest foreign markets are still reeling from the impact of COVID-19.
The...
If there’s any wisdom we can glean from the unprecedented events of the past year, it’s how important it is to support each other and our communities and come together during tough times. The U.S. rice industry takes that...
• By Kurt Guidry •
As we head into planting season for the 2021 rice crop, the current cash rice market in Louisiana has remained supported in the $20 to $21 per-barrel range ($12.35 to $12.96 per hundredweight). A 500,000...
• 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...
• 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....
• By Peter Bachmann •
The first-ever commercial shipment of U.S.-grown rice was unloaded in China Oct. 27 following more than a decade of regulatory and political effort by USA Rice to establish a two-way trading relationship with the nation.
The...
The South Louisiana Rail Facility plans to develop an $11.6 million rice mill in Jefferson Davis Parish. Located at the Lacassine Industrial Park, SLRF is owned by the Jefferson Davis Parish Police Jury and can handle up to 25,000...
• By Ryan McGeeney •
As several rice-exporting countries around the world begin to ease COVID-related export and other trade restrictions, global prices have become more competitive, falling from their peak earlier in May, according to an economic impact report...
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.
