Loading…
USA Rice CEO Betsy Ward reviewed the industry's past year, citing the USMCA trade agreement as securing US rice's position in key export markets. She also highlighted Iraq's purchase of 90,000 metric tons of US rice in October after a 30,000 MT sale in August.
Export market access and purchases like Iraq's support US rice demand, but the column describes trends rather than new price-moving events. Its effect on prices is limited.
ricefarming.comVickyDec 1, 2018After 442 past trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.8% to +2.3%), and +0.6% 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.
