# Texas Rice Farmers Hope China Deal Brings More Than a Grain of Relief - AgriBusiness Global

> Texas rice farmers were granted access to sell U.S. rice to China in mid-July, a deal the industry estimates could bring about 250,000 tons per year. Rice prices have fallen for several years due to competition from Vietnam and Thailand.

- Date: 2017-08-01 · published 2017-08-01T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/69528-texas-rice-farmers-hope-china-deal-brings-more-than-a-grain-of-relief
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A potential new Chinese outlet for U.S. rice could tighten U.S. exportable supplies and lift domestic rough rice prices, though the volume is modest against China's production.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-12-30 | [China Market Open for Import of U.S. Milled Rice; Big Deal for Louisiana and Rice Farmers — Louisiana Farm Bureau News](https://feedsoft.ai/events/61658-china-market-open-for-import-of-u-s-milled-rice-big-deal-for-louisiana-and-rice.md) | +3.5% | +6.7% |
| RICE | 2022-06-22 | [Chinese Farmers Bought More US Sorghum in May Amid Wheat, Corn Price Hikes](https://feedsoft.ai/events/40987-chinese-farmers-bought-more-us-sorghum-in-may-amid-wheat-corn-price-hikes.md) | +0.5% | +5.1% |
| RICE | 2020-12-09 | [China’s Grain Imports Surge 30% on Rising Livestock Demand - Caixin Global](https://feedsoft.ai/events/49503-china-s-grain-imports-surge-30-on-rising-livestock-demand-caixin-global.md) | 0.0% | +1.0% |
| RICE | 2024-02-21 | [The impact of India’s rice export restrictions on global markets, supplies and prices \| The Business Standard](https://feedsoft.ai/events/31740-the-impact-of-india-s-rice-export-restrictions-on-global-markets-supplies-and.md) | -1.0% | -2.4% |
| 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% |

## Sources

- agribusinessglobal.com: https://www.agribusinessglobal.com/markets/americas/texas-rice-farmers-hope-china-deal-brings-more-than-a-grain-of-relief/

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