# Rice market update for the week ending July 30, 2021 - Rice Farming

> U.S. rice sales to Iraq were announced on July 29, pushing nearby rough rice futures up to $13.85 at one point. September futures then followed other CBOT grains lower on Friday, though the contract remains in an uptrend channel since July 12.

- Date: 2021-07-30 · published 2021-07-30T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/46153-rice-market-update-for-the-week-ending-july-30-2021-rice-farming
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A new export sale to Iraq supports U.S. rough rice demand, but the weekly move was modest and tied to broader grain weakness, so the price effect is limited.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-12-01 | [Strong exports help buoy the market and point to higher prices - Rice Farming](https://feedsoft.ai/events/55670-strong-exports-help-buoy-the-market-and-point-to-higher-prices-rice-farming.md) | -1.4% | +3.8% |
| RICE | 2024-02-02 | [SSRice Market Summary - Weekly](https://feedsoft.ai/events/31743-ssrice-market-summary-weekly.md) | +3.0% | +0.6% |
| RICE | 2020-01-15 | [Market momentum continues as rough, milled exports remain strong - Rice Farming](https://feedsoft.ai/events/55153-market-momentum-continues-as-rough-milled-exports-remain-strong-rice-farming.md) | +3.0% | +2.6% |
| RICE | 2017-10-31 | [India to export rice to Bangladesh - Market News \| The Financial Express](https://feedsoft.ai/events/68434-india-to-export-rice-to-bangladesh-market-news-the-financial-express.md) | -1.8% | +7.5% |
| RICE | 2023-10-25 | [Ecuador -- New Market For U.S. Rough Rice Exports \| USA Rice Federation](https://feedsoft.ai/events/33696-ecuador-new-market-for-u-s-rough-rice-exports-usa-rice-federation.md) | +0.0% | +8.6% |

## Sources

- ricefarming.com: https://www.ricefarming.com/market/rice-market-update-for-the-week-ending-july-30-2021/

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