# Market for rice in the Riverina strengthens | The Rural | Wagga Wagga, NSW

> SunRice raised the bottom of its estimated range for base-grade medium-grain Reiziq paddy for the 2017 crop by $15 per tonne, to $350-$365/t. The company cited recovering world rice markets and brand strength.

- Date: 2018-03-06 · published 2018-03-06T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/66070-market-for-rice-in-the-riverina-strengthens-the-rural-wagga-wagga-nsw
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The higher grower price reflects firmer medium-grain export markets in Australia and supports the domestic paddy price.

## Read by commodity

- RICE: bullish ▲

## Sources

- therural.com.au: https://www.therural.com.au/story/5269779/rice-market-outlook-is-bright/

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