# China Market Open for Import of U.S. Milled Rice; Big Deal for Louisiana and Rice Farmers — Louisiana Farm Bureau News

> An announcement confirmed that China has opened its market to imports of US milled rice, which industry groups in Louisiana described as a major step. Industry representatives noted the market had been a work in progress for 10 to 20 years.

- Date: 2018-12-30 · published 2018-12-30T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/61658-china-market-open-for-import-of-u-s-milled-rice-big-deal-for-louisiana-and-rice
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

New Chinese market access for US milled rice opens a large potential export outlet and could firm US rough rice demand. The impact depends on how quickly shipments begin.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-08-19 | [Global Markets: Rice – Trade Contracts on Low Exportable Supplies — Louisiana Farm Bureau News](https://feedsoft.ai/events/51702-global-markets-rice-trade-contracts-on-low-exportable-supplies-louisiana-farm.md) | +0.8% | +2.0% |
| RICE | 2018-08-24 | [How the Iraq rice deal impacts southwest Louisiana farmers](https://feedsoft.ai/events/63597-how-the-iraq-rice-deal-impacts-southwest-louisiana-farmers.md) | -1.2% | -8.5% |
| RICE | 2018-08-13 | [Missouri rice farmers eye export market on banks of Nile River \| STLPR](https://feedsoft.ai/events/63598-missouri-rice-farmers-eye-export-market-on-banks-of-nile-river-stlpr.md) | -1.9% | +2.5% |
| RICE | 2017-07-27 | [Louisiana rice industry stands to gain from China sales \| Eunice News](https://feedsoft.ai/events/70028-louisiana-rice-industry-stands-to-gain-from-china-sales-eunice-news.md) | +1.8% | +0.2% |
| RICE | 2016-12-03 | [China finally lifts restrictions, opens its market for Indian rice; LT Foods, Kohinoor Foods, others set to benefit - Commodities News \| The Financial Express](https://feedsoft.ai/events/73433-china-finally-lifts-restrictions-opens-its-market-for-indian-rice-lt-foods.md) | +3.1% | -2.7% |

## Sources

- lafarmbureaunews.com: https://lafarmbureaunews.com/news/2018/12/29/china-market-open-for-import-of-us-milled-rice-big-deal-for-louisiana-and-rice-farmers

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