# The Rice Advocate, Vol. 17, Issue 38

> Mexican rice industry leaders report that sales jumped 150-200% in April and May during the pandemic, driven by government support and panic buying. Sales fell sharply in July and early August, and the market is expected to return to normal levels in the coming months.

- Date: 2020-09-24 · published 2020-09-24T12:00:00.000Z
- Category: market · region Mexico · magnitude low
- Page: https://feedsoft.ai/events/51193-the-rice-advocate-vol-17-issue-38
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The pandemic-driven spike in Mexican rice demand has reversed, so underlying consumption is flat and import demand is not expected to grow. The effect on global rice prices is limited.

## Read by commodity

- RICE: neutral

## Sources

- myemail.constantcontact.com: https://myemail.constantcontact.com/The-Rice-Advocate--Vol--17--Issue-38.html?aid=V9QqXjAWZNM&soid=1133932288505

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