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The Guyana Rice Development Board says 2017 rice exports reached 535,843 tonnes by December 18, close to surpassing 2015 and above 2016's 500,000 tonnes. Export earnings are nearly US$200 million, helped by higher global rice prices.
Strong Guyanese export volumes add modest supply to global rice markets, and higher global prices are supporting the sector's earnings.
agriculture.gov.gyDec 23, 2017After 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.
