Tag Archives: rice exports

COVID-19 disrupts world rice marketing

field prep

• By Peter Bachmann • The coronavirus pandemic, officially known as the “COVID-19” outbreak, has seemingly reached every corner of the globe and affected nearly every aspect of life since news of it hit the press in mid-January. International trade has been no exception to the disruptions. Cargo ships continue to chug across our oceans and barges continue to travel ... 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 »

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 »

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 »

Texas A&M sets Eagle Lake Rice Field Day for June 25

Mo Way

The 45th annual Eagle Lake Rice Field Day is scheduled for 4 p.m., June 25, at the David R. Wintermann Rice Research Station on Farm-to-Market Road 102 just north of Eagle Lake. The field day will offer an opportunity for producers to tour the research station, making stops along the way to hear about insect management, weed management, plant nutrient ... Read More »

Wet weather, yields and demand

wet fields mississippi

Three factors influence prices and could help move rice markets from their current doldrums. • By Kurt Guidry • There has been very little positive momentum in the rice market over the past several months. Cash prices in Louisiana are still being reported in the $17 per-barrel range (roughly $10.50 per hundredweight) and have been at that level for much ... 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 »

Will the 2018-19 marketing year repeat 2016-17 low prices? It depends…

grain cart south louisiana

• 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 one thing that becomes apparent from a supply and demand numbers standpoint is that it is very similar to what ... Read More »

As the year ends, we check the rearview mirror

ride with rice truck

USA Rice kicked off the third leg of the Think Rice Road Trip in October. And it seems to me like a good time to take a look in the rearview mirror and reflect on the many rice success stories from the past year as our journey culminates at the USA Rice Outlook Conference in San Diego in December. Anyone ... Read More »