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The Port of Lake Charles and the South Louisiana Rail Facility have exported about 543,000 short tons of rough rice since 2015. Local producers are pursuing new foreign markets for unmilled rice, with a growing share moving by rail to ships.
Expanding export logistics for US rough rice modestly supports domestic rice demand, but the effect on prices is limited.
americanpress.comAmerican Press StaffJan 14, 2022After 14 past neutral logistics events, Rough Rice moved a median -1.3% over 5 sessions (36% higher; middle half -3.6% to +0.7%), and +1.6% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
