# Market Update, South Louisiana Rail Facility Loading Terminal Ready to Load & More

> A US rice market update reports domestic milling demand keeping mills busy while exports are stalled, with paddy prices holding near $17/cwt in major growing states. A USDA GAIN report expects Indian rice output to fall 6% after unseasonal October rains.

- Date: 2022-11-04 · published 2022-11-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/38756-market-update-south-louisiana-rail-facility-loading-terminal-ready-to-load-and
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Weak US export demand limits upside for domestic paddy, while lower Indian output supports global rice prices and narrows the gap that keeps US exports uncompetitive.

## Read by commodity

- RICE: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2022-11-03 | 5 | +7.3% | 3.2 | US market update shows mills busy with domestic demand and paddy holding near $17/cwt, plus an expected 6% drop in Indian output after unseasonal rains, which supports firm US rough rice prices. |

## Sources

- myemail.constantcontact.com: https://myemail.constantcontact.com/Market-Update--South-Louisiana-Rail-Facility-Loading-Terminal-Ready-to-Load---More.html?aid=U5U0p1N2dkY&soid=1133932288505

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