# Market Update: Cautious Optimism for Delta Long Grain Milling Yields - US Rice Producers

> Harvest in Louisiana and Texas is nearly 90% complete and Arkansas is at 40%, running well ahead of last year. Calrose cash prices had bottomed below $8/cwt over loan amid weak Middle East demand and a large crop. Producers expect stronger Japanese and MENA buying to push old-crop prices above $9/cwt.

- Date: 2024-09-13 · published 2024-09-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/28371-market-update-cautious-optimism-for-delta-long-grain-milling-yields-us-rice
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Fast harvest progress adds to supply, but expected export demand from Japan and the Middle East could lift old-crop cash prices, supporting US rice values.

## Read by commodity

- RICE: bullish ▲

## Sources

- usriceproducers.com: https://usriceproducers.com/market-update-cautious-optimism-for-delta-long-grain-milling-yields/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.