# Market Update: U.S. Spring Planting Underway Along Gulf Coast - US Rice Producers

> US rice producers report firm rice market conditions with strong domestic millings and difficulty procuring supplies for new or export customers. Cash prices are reported at $18.00 to $19.00/cwt across Texas, Louisiana, Mississippi, Arkansas and Missouri, and planting is underway along the Gulf Coast with expectations of over 3 million acres.

- Date: 2024-03-22 · published 2024-03-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/31267-market-update-u-s-spring-planting-underway-along-gulf-coast-us-rice-producers
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tight domestic supply, strong cash prices and a smaller expected South American crop support rough rice futures and encourage more US rice planting, which could add supply later.

## Read by commodity

- RICE: bullish ▲

## Sources

- usriceproducers.com: https://usriceproducers.com/market-update-u-s-spring-planting-underway-along-gulf-coast/

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