US: Rice harvest in full swing, caution on yields in Delta

Published 2024년 9월 4일

Tridge summary

The article reports on the progress of the rice harvest in various regions, including Louisiana, Texas, Arkansas, Mississippi, and California, providing figures on the percentage of harvest completed and the condition of the crops. It highlights the ongoing optimism despite some differences in condition reports across the states. The article also touches on the rice market, noting stable prices in Asia and increased export sales in the US, with a decrease in average daily volume and open interest in the futures market. It mentions the strategic private exports by India, accounting for 40 TMT to Iraq, and the effect of a large US crop on buyer behavior, leading to a wait-and-see approach for more information on crush yields.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

(By Dwight Roberts) Harvest is in full swing now, and there’s a welcome absence of bad news. As of this writing, we’re happy to report no crazy weather events, no terrible crop conditions, and continued optimism leading to a worry-free harvest. Louisiana is leading the way with nearly 90% of its harvest complete and 84% in good/excellent condition. Texas is right behind them, getting close to 90% harvested while reporting just 54% in good/excellent condition. Arkansas is over 25% harvested now, with 76% reported as good/excellent. The next big step here will be getting early mill yields back from the field, which we expect to start arriving in the next two weeks. Mississippi is also about 25% complete, showing 58% in good/excellent condition. Missouri is now 10% complete, and reports show 71% good/excellent. California has yet to get a combine into the field, where conditions are reported at 100% Good/Excellent. Overall, 33% of the harvest is complete, which is 15% faster than ...
Source: Planetaarroz

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