# Grain Market Review: Rice

> A weekly review reports that US rice markets are trading sideways with little volume, as the government shutdown delayed official export and crop data. Asian benchmark prices moved with currency swings, and FAO said international rice prices fell for a sixth straight month in December. Growers are holding out for higher prices.

- Date: 2019-02-10 · published 2019-02-10T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/60677-grain-market-review-rice
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Falling international prices and a stalled US cash market point to continued softness in rice values. Producers' reluctance to sell limits how far prices can drop in the US.

## Read by commodity

- RICE: bearish ▼

## Sources

- farmingportal.co.za: http://www.farmingportal.co.za/index.php/agri-index/68-crops/1559-grain-market-review-rice

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