The United States: Rice market update, delta farmers planting last acres for 2022
Rice
United States
Published May 22, 2022
Tridge summary
We are finally caught up with planting in Arkansas—a welcome sign to all farmers, processors, and industry members. Despite the return to normal after poor weather that severely delayed planting, it will still be a victory to exceed 1 million acres of long and medium grain combined in the state. There is concern that the later planted rice will follow historical trends and yield slightly less than normal, but this is a tradeoff all are willing to accept given the other option of no rice at all.
Original content
We are finally caught up with planting in Arkansas—a welcome sign to all farmers, processors, and industry members. Despite the return to normal after poor weather that severely delayed planting, it will still be a victory to exceed 1 million acres of long and medium grain combined in the state. There is concern that the later planted rice will follow historical trends and yield slightly less than normal, but this is a tradeoff all are willing to accept given the other option of no rice at all. The core domestic business continues to be the primary driver looking forward for milled rice, as Iraq has found ample supplies in Asia and Haiti’s political disruptions prevent bookings and subsequent distribution to the Haitian people. Although export demand for U.S. long grain rice is down only 2.6% year to date, it would be down roughly 10% if the Iraqi business didn’t materialize. In other words, exports to most other origins are off this year. As Brazil concludes harvest and looks to ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.