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Colombia has begun removing restrictions on US paddy rice imports, which had limited shipments to the port of Barranquilla since 2012. The move follows a study confirming rice smut is prevalent in Colombian growing areas.
Easing access to a key Latin American market expands US rice export outlets and could support US rough rice demand.
usarice.comMar 1, 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.
