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The Guyana Rice Producers' Association questioned the profitability of Guyana's new rice markets in Cuba and Mexico. It said the loss of a 200,000-tonne Venezuela contract worth US$113M and higher land and drainage charges are hurting farmers.
This is a regional trade and cost issue for a small exporter, with little effect on global rice prices or feed supply.
kaieteurnewsonline.comKNewsSep 30, 2017After 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.
