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USA Rice leaders said they are optimistic about reopening the UK market after Brexit and about recovering sales to Turkey. The preliminary US-China trade deal includes American rice.
They also accused China of dumping rice and said an anti-dumping case is under way.
Potential new export access and trade enforcement could support US rice demand over time. Near-term price effect is limited while the outcomes remain uncertain.
lafarmbureaunews.comGuest UserFeb 13, 2020After 70 past neutral trade events, Rough Rice moved a median +0.2% over 5 sessions (51% higher; middle half -1.3% to +1.9%), and +1.3% 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.
