# Brhc10014335 ex99 1.htm

> RiceBran Technologies reported its quarter ended June 30, 2020, with Golden Ridge mill revenues down over 50% sequentially after it could not acquire enough rough rice. The company also said rice prices have fallen about 50% from peak levels and that the Louisiana harvest looks excellent. It has engaged BMO Capital Markets to review strategic alternatives.

- Date: 2020-08-12 · published 2020-08-12T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51698-brhc10014335-ex99-1-htm
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A roughly 50% retreat from peak rice prices, with a large and high-quality crop coming, points to softer rough rice prices. The company's own mill shortfall shows how tight supply had been earlier in the year.

## Read by commodity

- RICE: bearish ▼

## Sources

- sec.gov: https://www.sec.gov/Archives/edgar/data/1063537/000114036120018233/brhc10014335_ex99-1.htm

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