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USA Rice participates in 54th international grains meeting

Rice
United States
Price Trend
Supply Yield / Stock Quantity
Others
Jan 21, 2022
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LONDON, UK – This morning, more than two dozen international delegations and supporting organizations met virtually as part of the 54th Council Session of the International Grains Council (IGC). USA Rice was represented by Peter Bachmann, vice president of international trade policy, who was one of just four participating in the meetings as a private sector advisor to the U.S. delegation.
LONDON, UK – This morning, more than two dozen international delegations and supporting organizations met virtually as part of the 54th Council Session of the International Grains Council (IGC). USA Rice was represented by Peter Bachmann, vice president of international trade policy, who was one of just four participating in the meetings as a private sector advisor to the U.S. delegation. The session covered market situation and outlook reports for rice, wheat, corn, and soybeans, and included statements from member organizations and delegations on the continued impact of COVID-19 on trade, high fertilizer costs, and continuing high freight rates. The Council reported that rice trade in 2022 is forecast to decrease slightly from 2021 levels with India remaining the world’s leading exporter. The day prior to the Council Session meetings, there was a Council-sponsored virtual grains forum on grains sector resilience and contingency plans to anticipate shocks. Presentations were ...
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