# Market Update, RMTC is Going to Puerto Vallarta, Mexico & More

> The USDA's monthly supply/demand report cut US rice field yields but raised ending stocks by 2.3 million cwt to 23.2 million cwt, an 11% increase. The report also reflected a severe drop in US exports and rising imports of jasmine and basmati rice this marketing year.

- Date: 2022-11-11 · published 2022-11-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/38757-market-update-rmtc-is-going-to-puerto-vallarta-mexico-and-more
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher ending stocks and weak exports add to US rice supply, which is bearish for domestic rice prices despite the smaller yield estimate.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-06-17 | [RF Insights: June Market Update](https://feedsoft.ai/events/24285-rf-insights-june-market-update.md) | +1.0% | -5.7% |
| RICE | 2025-07-16 | [RF Insights: July Market Update](https://feedsoft.ai/events/23835-rf-insights-july-market-update.md) | -2.3% | +0.9% |
| RICE | 2020-05-14 | [World Market Price Meeting Goes Virtual \| USA Rice Federation](https://feedsoft.ai/events/7503-world-market-price-meeting-goes-virtual-usa-rice-federation.md) | -7.7% | -16.4% |
| RICE | 2024-09-24 | [Mexico: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/28275-mexico-grain-and-feed-update-usda-foreign-agricultural-service.md) | -1.6% | -2.9% |
| RICE | 2024-06-19 | [Mexico: Grain and Feed Update \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/29718-mexico-grain-and-feed-update-usda-foreign-agricultural-service.md) | -2.0% | -21.3% |

## Sources

- myemail.constantcontact.com: https://myemail.constantcontact.com/Market-Update--RMTC-is-Going-to-Puerto-Vallarta--Mexico---More.html?aid=TQ4NxQGqT7M&soid=1133932288505

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