# Simple economics - Rice Farming

> Louisiana rice prices have traded in a tight range through much of the 2016/17 marketing year amid large long-grain supplies up over 16 percent and weak export sales. Industry consensus expects US rice acreage to fall in 2017.

- Date: 2017-03-15 · published 2017-03-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72057-simple-economics-rice-farming
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Large supplies and soft export demand keep prices pressured, while expected lower 2017 acreage is the main path to firmer prices.

## Read by commodity

- RICE: bearish ▼

## Sources

- ricefarming.com: https://www.ricefarming.com/departments/feature/simple-economics/

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