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USA Rice is working to expand US medium-grain rice sales to Turkey, where the Jupiter variety has found price-sensitive buyers. Turkish authorities previously refused one or two shipments after finding GMO corn and soybean cross-contamination.
Expanded Turkish demand for US medium-grain rice would be a modest support for US rice exports, but GMO contamination rules are a risk to US grain shipments.
lafarmbureaunews.comGuest UserDec 21, 2016After 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.
