# US rice farmers are losing Mexico, their largest foreign market | Agri-Pulse Communications, Inc.

> Mexico, historically almost entirely dependent on US rice imports, is shifting toward South American paddy rice, which is priced below US rice. The USA Rice Federation says it fears losing its largest and most reliable export market.

- Date: 2023-01-18 · published 2023-01-18T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/37850-us-rice-farmers-are-losing-mexico-their-largest-foreign-market-agri-pulse
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Losing Mexican demand to Brazilian and Uruguayan rice reduces US export volumes and weighs on US rough rice prices.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2017-04-26 | [US rice farmers wary about Vietnam’s incursion into Mexican market \| 2017-04-26 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/8721-us-rice-farmers-wary-about-vietnam-s-incursion-into-mexican-market-2017-04-26.md) | +0.4% | +17.4% |
| RICE | 2017-10-25 | [Mexican grain buyers haven’t given up on the US … yet \| 2017-10-25 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/68430-mexican-grain-buyers-haven-t-given-up-on-the-us-yet-2017-10-25-agri-pulse-agri.md) | -2.7% | +6.3% |
| RICE | 2019-05-23 | [Farm groups cheer aid, but want end to trade war \| 2019-05-23 \| Agri-Pulse \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/59177-farm-groups-cheer-aid-but-want-end-to-trade-war-2019-05-23-agri-pulse-agri.md) | +2.9% | -1.0% |
| RICE | 2026-02-04 | [U.S. farmers struggle to keep traditional rice markets](https://feedsoft.ai/events/20677-u-s-farmers-struggle-to-keep-traditional-rice-markets.md) | +1.3% | -5.9% |
| RICE | 2021-11-18 | [Colombia Rice TRQ Unfilled for the First Time \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/44110-colombia-rice-trq-unfilled-for-the-first-time-usda-foreign-agricultural-service.md) | +0.6% | -4.3% |

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/18732-us-rice-farmers-are-losing-mexico-their-largest-foreign-market

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