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USA Rice met with Fecarroz, the Central American rice federation, to discuss market conditions and export opportunities. Buyers raised quality concerns over chalk and grain length, and USA Rice is adding a variety evaluation protocol.
Central America is the second-largest export market for U.S. rice, so quality concerns could affect export demand, but the talks do not change near-term prices.
usarice.comJun 8, 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.
