# Market Update: Export Sales & Shipments Highest in Four Weeks

> Arkansas harvest is nearly finished, with yields high, quality lower and the crop about 16% below last year according to the October Rice Outlook. USDA raised California's yield estimate to 8,900 pounds per acre. Export sales and shipments reached a four-week high, and Asian prices firmed, with Vietnamese rice at $435 per tonne against $390 for Thai.

- Date: 2021-10-22 · published 2021-10-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44644-market-update-export-sales-and-shipments-highest-in-four-weeks
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A smaller US crop and firm export demand support US rice prices. Price premiums for Vietnamese rice over Thai suggest tighter Asian supply.

## Read by commodity

- RICE: bullish ▲

## Sources

- myemail.constantcontact.com: https://myemail.constantcontact.com/Market-Update--Export-Sales---Shipments-Highest-in-Four-Weeks.html?aid=J6z2WbX2Mzs&soid=1133932288505

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