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RICE

rice rice PRICES Global: Over the past month, Western Hemisphere prices remained elevated well above those of Asian suppliers with quotes at $625/ton and Uruguayan quotes at $620/ton. Thai quotes continued to rise to $527/ton on continued currency strength. Vietnamese quotes rose to $514/ton on tight supplies prior to the February harvest. Pakistani quotes escalated to $438/ton, while Indian quotes rose to $370/ton, reflecting rising demand from Bangladesh. 300350400450500550600650700$/MTWeekly FOB Long Grain rice Export Quotes: Last 12 MonthsUnited StatesThailandVietnamIndiaPakistanUrugua yOVERVIEW FOR 2020/21 Global rice production and consumption are forecast higher this month primarily on a larger crop and higher domestic use in China.

Global rice production and consumption are forecast higher this month primarily on a larger crop and higher domestic use in China. Global trade is forecast up with higher imports for Bangladesh, while larger exports are forecast for India. OVERVIEW FOR 2019/20 . Global rice production is virtually unchanged this month.

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