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...
• 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 Mary Hightower •
Growing rice may provide some insulation from the economic impacts of COVID-19 for Arkansas farms, but cotton growers are likely to be harder hit through 2023, according to a model run by the University of...
Even with a projected acreage increase, the market appears better than 2017 as long as demand doesn’t wane.
• By Kurt Guidry •
The current rice market continues to show strength despite the COVID-19 pandemic and the prospects for larger acreage...
• By Bruce Schultz •
Rice prices have rebounded, and the Louisiana 2020 crop is off to a good start.
Louisiana State University AgCenter economist Michael Deliberto said there are several reasons why the economic outlook for rice is positive.
“There is...
With a glut of crawfish on the market, prices are dropping, and consumers might be interested in boiling and freezing crawfish at home.
Many restaurants have closed or switched to takeout- and drive-through-only operations amid concerns about spreading the novel...
As the effects of COVID-19 are being felt in the United States and around the world, consumers are rushing to stockpile groceries and household supplies in fear of being quarantined in their homes for weeks. This has led to...
• By Kurt Guidry •
The improvement in rice prices over the last half of 2019 and the start of 2020 certainly has created a great deal more optimism in the rice industry.
While it likely took longer than most would...
• 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...
• 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,...
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...
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...
The U.S. Department of Agriculture has released a county Market Facilitation Program payment schedule for growers with commodities that have been affected by foreign retaliatory tariffs. The assistance covers specialty crops, non-specialty crops, dairy and hogs.
The rates range from...
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