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Colombia has lifted all remaining import restrictions on U.S. rough rice, allowing shipments through any maritime port under agreed fumigation rules. The announcement was made by U.S. Agriculture Secretary Sonny Perdue and USTR Robert Lighthizer.
Easier access to Colombia expands export outlets for U.S. paddy rice, modestly supporting U.S. rough rice demand and prices.
usarice.comAug 18, 2017After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% 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.
