U.S. rice market update: Expect the unexpected
The focus for farmers is planting. Texas and Louisiana are underway, but fields in Arkansas, Mississippi, and Missouri are being prepped. California is still waiting out the spring weather with another storm expected through the weekend. Texas has passed 30% planted. Prices for paddy have remained firm, even as the milling activity has quieted down a bit. Domestic business remains, but trouble in Haiti has the potential to snarl up the flow of exports in the coming weeks.
03/27/2024 12:00 AM