# U.S. long grain rice prices remain bullish going into acreage report

> A Delta Farm Press column says the author remains bullish on U.S. long grain rice prices ahead of USDA's June 30, 2017 acreage report. It cites macro and geopolitical uncertainties and notes world rice acreage at a record 161.8 million hectares.

- Date: 2017-06-30 · published 2017-06-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70557-u-s-long-grain-rice-prices-remain-bullish-going-into-acreage-report
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A record global rice area points to ample supply that could cap prices, while the expected acreage report could resolve some U.S. long grain uncertainty and shift the price outlook.

## Read by commodity

- RICE: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/rice/u-s-long-grain-rice-prices-remain-bullish-going-into-acreage-report

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