TRT Market Reports

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About Us

Founded by Jeremy Zwinger in 2002, The International Commodity Institute is the umbrella organization that serves to offer clients an integrated media source that connects all critical aspects of the world rice industry. The institute brings together in-depth market reports and analysis (The Rice Trader publications), trade networking (World Rice Conference and other Events), expounding in various media (Weekly Direct TV Interviews), working with international producers of commodities (Farm & Trade), helping entities with global consulting, and international recognition for achievements and contributions to the global rice industry (World’s Best Rice Award and The Rice Trader Lifetime Achievement Award).

From farm to fork, from research to destination, the rice industry will be able to utilize the tools offered by the International Commodities Institute for insights and the ability to understand short, medium, and long term industry consequences, interpret market dynamics into commercial success.

For over 30 years, The Rice Trader publication has brought its subscribers crucial, up-to-the-minute information on rice trade through its daily and weekly publications. Acknowledged as the only source of confidential information about the rice market, this weekly summary of market data analysis has helped both the leading commercial rice companies and the regional government officials make informed decisions, which are critical in today’s market.

Our Mission

The Rice Trader is the world’s leading trade publication dedicated to in-depth analysis of the global rice industry. We assist your organization with valuable intelligence for risk management, trade, and decision-making abilities across the rice industry supply chain.

Rice is the staple food for over three billion people making it the world’s most important grain. Leaders from over 20 countries and every corner of the rice industry receive The Rice Trader. They rely on it to determine the most efficient ways to trade and transport this vital commodity. Comprehensive, in-depth market analysis makes The Rice Trader a pillar in the global rice industry and is the most profitable investment a person in this trade can make.

Acknowledge and honors development achievements through the prestige of our international awards, The Rice Trader aims to recognize and promote the development of the rice industry in countries that appreciate continuous development by education and research. 

Our Values

Published 48 times a year, the Weekly Report is a vital source for market intelligence. We serve our subscribers by delivering an integrated platform of information on rice origins, allied markets, and risk management tools. The Rice Trader combines market data with proprietary research to provide our clients the most comprehensive rice report in the world on a weekly basis.

Daily News Update from The Rice Trader features all of the most recent activities of the global rice industry from various related aspects and beyond.

The Rice Trader World Rice Conference is the world’s leading forum for rice industry professionals, and emphasizes on the global rice trade, with a strong reputation in bringing leaders and rice industry and the various elements that deliver rice, from farm to fork. 

Our Team

Team up from rice professionals, along with the companionship of researchers, enthusiastic advisors and reputed traders of the global rice industry who have decades of experience, The Rice Trader aims to deliver an integrated platform of information to the rice trade and allied industries that not only informs, but provides analysis, insight and valuable intelligence that will assist risk management, trade, and decision-making abilities across the rice industry supply chain. 

Jeremy Zwinger – President & CEO:
 “As the world and market transforms, so must we or we will be left behind.”

Jeremy Zwinger is the CEO/President of The Rice Trader, Farm And Trade, Inc., and International Commodity Institute.  Mr. Zwinger is the founder of the World Rice Conference, along with several other key projects which help build bridges between a vast number of global entities. He was raised on his family’s farming operation in North Dakota, USA, and is a graduate of North Dakota State University, where he also attended graduate school for agriculture economics.  Jeremy followed up this graduate school studies by taking on the position of the market analyst for U.S. Wheat in Washington DC, where he was able to get hands on experience in complexities of global trade and U.S. agricultural trade policy.  His interests are broad, ranging from commodities markets to the digitalization of global business to the rapidly changing international cultural/geopolitical environment.  Development of water distribution systems, ownership of water rights, and large-scale water trading are also key passionate interests. On a personal note, Mr. Zwinger is blessed with five children and an amazing family, whose support has allowed him to be here today.

A regular participant at international events and conferences, Mr. Zwinger has contributed extensively on the analysis of markets by predicting inter-commodity effects (rice, wheat, corn, soybeans, sugar, etc.), as well as currency and oil price led impacts on the rice markets. He is also well known among clients for his direct advisory work and market analysis that has proven to be very close to actual market developments.  His 2007 speech forecast rice prices to go past $1,000 per ton levels, the more recent global food oversupply predictions, his prediction of the 2016 Trump presidency more than a year in advance of the U.S. elections, and a split 2020 election, are a just a few key examples that are well regarded. 

Additionally, Mr. Zwinger has extensive experience that extends globally in the fields of publishing, brokerage, water trading, advisement, production financing, and consultancy services to a number of internationally respected players, including several Fortune 500 companies.  He has consulted for many countries on key strategic interests, with direct access to heads of state and their cabinet members throughout the globe. More recently, he has become heavily involved in globally critical topics such as water rights and value, food security issues, electronic trading, international production financing, global investment strategies with a focus on the commodity fields, market development strategies, and the coming solar cycle, which is likely to lead to major global issues on a multitude of levels. In 2020, he was also made a lifetime member of the Farm Foundation, a prestigious agriculture and trade policy group, which helps make recommendations for the future, while facilitating key leaders into action.  Mr. Zwinger has recently taken on the role of a weekly market discussion analyst on Direct TV, talking about the commodity markets and the important topics of the day. The changes brought on by Covid-19 have forced major developments in Mr. Zwinger’s business, where unique software was developed to help allow personalized networking with automated contracts.  The goal remains of a more efficient trade mechanism in this new and ever-changing environment.

Mr. Zwinger looks forward to contributing more insights on the future and hopes to make yet another accurate assessment of the direction the market is headed in aid of those in attendance. As we have seen in the past, there are likely to be some interesting insights that come from his engaging and passionate discussions.

V Subramanian – Vice President

Subra is Vice President and a member of The Rice Trader team with primary responsibilities in the TRT’s Asian and African rice market coverage. As Vice President at The Rice Trader, Subra presents daily updates on rice market prices, market developments and the latest in dealings amongst buyers and sellers as well as to provide a significant contribution to the weekly TRT report that has a wide readership from the global rice trade.

Subra’s contributions extend to covers developments and market intelligence gathering across all major rice markets, with an emphasis on development of TRT’s focus on rice market verticals that look at markets specifics like white rice, parboiled rice, fragrant rice, basmati rice, broken rice as well as key price trends and analysis in global rice markets and how these relay market signals and trends in procurement. Special reports on African markets, China, Indonesia, the Philippines and all the major export markets of India, Vietnam, Thailand, Pakistan, US, South America, Myanmar and Cambodia are also part of Subra’s market specific special reports that provide readers with specialist insights into global rice markets.

Subra is well-known for his role in the TRT World Rice Conference (held since 2009) the annual meeting place for the global rice trade.

Subra was also Managing Editor of Rice Today, between 2009 and 2012. Rice Today is the flagship publication of IRRI that was published by the The Rice Trader from between 2009 and 2012.

Subra was previously part of IBC Asia (Informa Group) for 14 years between 1994 and 2008 and helped create several firsts including Asia’s first coffee, sugar, rice conferences, and the world’s first Dry Bulk Shipping conference in a role that saw him create and eventually head IBC Asia’s Commodities and Maritime Division.

Educated in Singapore and the United Kingdom - Economics degree (University of Leicester) and a Masters in Science (MSc) degree in shipping trade and finance (City University, London, now known as the Cass Business School), Subra started his career at the Singapore Trade Development Board compiling trade statistics between Singapore and Malaysia. Subra subsequently joined Peregrine Futures where he provided daily market reports and analysis (including fundamental and technical analysis) to clients on futures markets, with emphasis on Coffee, Cocoa, Sugar as well as the metals markets of the London Metals Exchange.

Testimonials about TRT

Mr. Chookiat Ophaswongse

Honorary President Thai Rice Exporters Association

The Rice Trader (TRT) is now the most recognized organization all over the world for Rice Business, this success came after investing so much of time and efforts over numerous years. You deserve to enjoy every moment of it! Congratulations my friend, and may you get much more success in the years to come in your business.

Mr. Henry Allard

President, Filhet-Allard Maritime

“The professionalism of the TRT team, as well as the high quality of information provided by its platforms, are two of the many reasons why Filhet-Allard Maritime is delighted to be a long-standing partner of TRT. 

Year after year, TRT has proven to be a valuable tool for industry players and the annual World Rice Conference never fails to provide excellent networking opportunities. For over a decade, we have enjoyed an enriching partnership with TRT and we look forward to many more years of fruitful collaboration.”

Mr. Mamadou Ciss

CEO, Alliance Commodities

“I have been trading rice since 1984 in various organizations and I have been a regular subscriber of TRT since the beginning. 

TRT has revolutionized the way rice reports were and are written. They inspire and lead the rice market in its growing need to be informed on what’s going on. 

I have always been satisfied with their services which I highly recommend to those willing to play a role in the rice industry.”

Mr. Vivek Sharma

“I have been reading TRT and attending the World Rice Conference organized by them for 9 years now. I have gained tremendous knowledge and network by being a subscriber. The personal touch is present in every interaction and even though you may just be reading it on your laptop, you can hear the passion of Subra and Jeremy’s voice behind those lines. It is a boon for rice industry professionals. It brings together some of the brightest minds and nicest people on the planet, and I almost forgot, the most current and timely information available on Rice.”

Mr. Sujit Pande

Responsible for Global Marketing & Product Management activities of Rice Solution Business @ Buhler AG

“The Rice Trader and its associated business will be richer if we can track all relevant data and give impetus to its impact on future business scenarios. We at Buhler really appreciate depth of data and flow of facts brough by TRT team. “

01 July 2022

Demand for Indian rice was robust this week as a weaker rupee made the staple more attractive than that from Thailand and Vietnam, while Bangladesh cut its import duty to cool surging domestic prices.

01 July 2022

Loaded grain trucks were not getting to Argentina’s largest port on June 29 as a truck driver protest against high fuel prices brought the country’s agricultural exports to a near standstill, Reuters reported.

01 July 2022

The USDA says farmers planted more upland cotton acres in 2022 than in 2021 while planting fewer acres of rice.

30 June 2022

Unlike wheat and corn, rice has generally been cheaper this year than it was last year—a boon for many Asian countries where it is integral to diets

30 June 2022

The worst drought Italy has faced in 70 years is thirsting paddy fields in the river Po valley and jeopardizing the harvest of the premium rice used for risotto.

Vietnam
30 June 2022

There is still room for Vietnamese exports to grow in the Association of Southeast Asian Nations (ASEAN) market, including rice, the country's major export. However, it is necessary for enterprises to review the import demand of each country, pay attention to brand building as well as enhance the competitiveness of Vietnamese

29 June 2022

Deputy Prime Minister Le Van Thanh has asked the Ministry of Transport and localities where the eastern North-South Expressway project in the 2021-2025 period will pass through to award no-bid contracts to companies involved in some packages of the project.

27 June 2022

There are signs showing that the rice is the next commodity to see price fever. Vietnam, with the rice output of 28 million tons, can ensure its food security and grasp the opportunity to boost exports.

India
01 July 2022

India's wheat export ban and usage of the peace clause to protect its food programmes against action from trade disputes have come under fire at the World Trade Organisation (WTO).

01 July 2022

The State government offered to sell the paddy to the millers at a price lower than it offered to farmers. However, teh offer does not seem to attract the millers.

28 June 2022

On june 22, a notification was issued by the government of Bangladesh.

Pakistan
01 July 2022

Chairman Pakistan Hi Tech Hybrid Seed Association Shahzad Ali Malik Thursday urged the government to tailor a viable strategy for rapid modernisation of agriculture sector on scientific lines for higher yield to meet food staple needs of population in the wake of Russia-Ukraine conflict and climate change.

01 July 2022

The weather experts have warned the authorities to take precautionary measure in view of the upcoming heavy monsoon rainfall starting from June 30 that may trigger landslides and urban flooding in the vulnerable parts of the country.

29 June 2022

Moist currents from the Arabian Sea and Bay of Bengal are likely to enter the upper parts of the country from 29 June, Wednesday, which may intensify and expand to southern parts of the country by the end of the week, the Pakistan Meteorological Department (PMD) has predicted.

Philippines
01 July 2022

THE Philippines through the Department of Agriculture (DA) and the Argentine Republic's Ministry of Agriculture, Livestock and Fisheries (MAGyP) have signed a memorandum of understanding (MoU) to promote agricultural cooperation.

01 July 2022

WHEN Ferdinand E. Marcos became president in 1965, one of his priorities upon assuming office was to "improve agricultural productivity."

01 July 2022

The government may need to increase the budget for fertilizer subsidies for this year or the Philippines may end up with a reduction in palay (unhusked rice) output, the Department of Agriculture said.

Bangladesh
29 June 2022

Rice imports in flood-hit Bangladesh will rise in the coming months. Sources said that several private importers have already placed orders with Indian rice exporters.

27 June 2022

The government is going to allow private importers to bring in 8-10 lakh tonnes of rice to cool off the prices, said officials.

23 June 2022

Most rice bran oil industries in Bangladesh have either cut or stopped production since the government slapped an export ban a month ago as the edible oil variety does not have a large consumer base locally.

Indonesia
01 July 2022

Rice grown on terraces created in the village of Jatiluwih, located on the Indonesian island of Bali and declared a world cultural heritage by UNESCO, is harvested in the shadow of Batukaru Mountain, one of the highest peaks of Bali.

23 June 2022

Several countries have asked Indonesia for rice, hoping the world's third-largest producer of the grain can help them overcome shortages at home, but experts and farmers see little chance of Indonesia becoming a major exporter in the foreseeable future.

08 June 2022

President Joko Widodo urged Indonesians to make use of idle land to plant rice, corn and other staples to build up the nation’s food supplies amid the global shortage fueled by the war in Ukraine.

China
30 June 2022

The first consignment from a donation of 10,000 metric tonnes of rice from China to Sri Lanka was received by Minister Dr. Bandula Gunawardena yesterday.

29 June 2022

Chinese President Xi Jinping has underscored the exemplary role of large-scale grain growers in encouraging more farmers to contribute to the country's food security.

29 June 2022

Spiking food prices caused by the war in Ukraine are threatening to push more people to the brink of starvation. If G7 countries don't deliver on aid, poorer nations might turn elsewhere.

Japan
28 June 2022

As flour prices soar due to the Russian invasion of Ukraine, Japanese food companies in Niigata - a top rice producing prefecture - are turning their attention to the potential of rice flour.

21 June 2022

A Japanese research group has developed a rice strain with a higher yield than existing varieties, even when grown in saline soil.

14 June 2022

Farmers in Japan are lowering rice production and investing in wheat and soybeans in response to globally high prices caused by Russia’s invasion of Ukraine and continuing dietary trends, Japan Today reported, citing a Ministry of Agriculture, Forestry and Fisheries survey.

Thailand
29 June 2022

Thailand is in talks with Saudi Arabia’s major producers to purchase 800,000 tonnes of fertiliser, Commerce Minister Jurin Laksanawisit said on Friday.

29 June 2022

The chief of the Department of Internal Trade under the Ministry of Commerce insisted paddy rice prices did not plunge and the prices of bagged rice did not increase.

27 June 2022

Retail prices for bagged rice will not rise, but some sellers could reduce promotional discounts due to rising costs, according to the Commerce Ministry.

Others
01 July 2022

South Korea’s rice production in the upcoming marketing year is forecast to decline slightly due to government efforts to avoid overproduction, according to a Global Agricultural Information Network report from the US Department of Agriculture’s Foreign Agricultural Service (FAS).

01 July 2022

President of Rice Millers’ Association and Chairman of Araliya Group Dudley Sirisena takes questions from DailyMirror on the current status of the rice market. Rice is the staple food of Sri Lanka.

01 July 2022

The Ministry of Agriculture has decided to provide Urea fertilizer to all the farmers who cultivated paddy this year.

01 July 2022

With wheat prices starting to decline from near record highs, Egypt booked its largest wheat tender in more than a decade to increase stockpiles that have been impacted by the war between its two biggest suppliers – Russia and Ukraine, according to a June 30 Bloomberg report.

30 June 2022

Botswana on Monday launched a ceremony to celebrate a harvest of Chinese water-saving and drought-resistant rice in the southern African country.

29 June 2022

KTN News Live: Streaming Kenya, Africa and World news and programmes 24/7

29 June 2022

The Council for Scientific and Industrial Research-Savanna Agricultural Research Institute (CSIR-SARI) has introduced a new irrigation farming method to maximise water use and improve rice yield.

29 June 2022

Food prices have been on the rise in the past few months. And rice, a staple food in much of Asia and some parts of Africa could be next, industry watchers said.

28 June 2022

President Adama Barrow, Friday, 24th June 2022, received a delegation led by the Korean Ambassador to The Gambia, H.E. Kim Ji-Joon, at the State House in Banjul.

28 June 2022

Farmers call for more acreage to be placed under rice farming

28 June 2022

In July of 2015 after the swearing in of President Muhammadu Buhari as Nigeria’s leader, the Central Bank of Nigeria introduced a policy of capital controls to limit the amount of foreign currency that Nigerians can spend per day for transactions locally and internationally.

27 June 2022

The Delta State government has revealed that it has perfected plans to tap into the robust ecology of the State and is set to grow truly Nigerian rice that would compete favorably with rice variants all over the world.

24 June 2022

When the Akufo-Addo – Bawumia led government took over the helms of affairs on the 7th of January 2017 with a landslide electioneering victory in December the year before, many were expecting a much better economic administration especially considering the unrestrained campaign the New Patriotic Party (NPP) embarked on with the nation’s Veep Mahamudu Bawumia at the forefront.

20 June 2022

The strained supply chain and other issues important to the grain industry were discussed at the 49th annual Australian Grain Storage & Protection Conference.

14 June 2022

The Ministry of Agriculture is urging villages, especially in the rural areas to take up rice farming.

31 May 2022

Fiji will be self-sufficient in rice within 20 years, said Minister for Agriculture Dr Mahendra Reddy in Rakiraki on Monday.

26 May 2022

GrainCorp has unveiled plans to build 2 million tonnes of new storage capacity as part of an upgrade of its grains receival network on the east coast of Australia (ECA). The announcement comes on top of a 1.5 million-tonne expansion of additional storage in 2021.

17 May 2022

The Australian Government is supporting quality rice seeds through the Quality Declared Seed (QDS) system under the Cambodia-Australia Agricultural Value Chain Programme (CAVAC), according to the Australian Embassy in Cambodia.

04 May 2022

Northern Rivers rice growers who lost half their crops in the recent floods say they have been dealt another blow. 

04 May 2022

Every time you serve rice at home or have it at a restaurant in town, there is a high chance it had travelled over 8400 kilometres from Asia to reach your plate.

15 April 2022

Thanks to consistent rainfall and well-timed warm temperatures, the New South Wales rice crop is set to be the largest in five years, with the industry predicting 600,000-650,000 tonnes to be received into storages by the end of May.

06 April 2022

Queensland government scientists are working to double soybean production in high rainfall coastal and hinterland areas within three years, a move that could potentially spark further growth in what is currently a $30 million industry in existing and emerging crop regions in Bundaberg, Mackay and the Burdekin.

11 March 2022

Minister for Agriculture, Doctor Mahendra Reddy says approximately 80 percent of rice consumed in Fiji is mostly imported from Vietnam and we are losing out $42 million per year by paying for the rice.

01 July 2022

The worst drought Italy has faced in 70 years is thirsting paddy fields in the river Po valley and jeopardizing the harvest of the premium rice used for risotto.

30 June 2022

The Italian province of Pavia, renowned for its production of various types of risotto rice, has been hit by the country’s worst drought in 70 years.

29 June 2022

The worst drought Italy has faced in 70 years is thirsting paddy fields in the river Po valley and jeopardizing the harvest of the premium rice used for risotto.

29 June 2022

The country’s wealthiest city of Milan is turning off public fountains

27 June 2022

The government has decided to reduce the duty on rice imports to meet the local demand and stabilise the market as a shortage of wheat supply made many consumers dependent on rice.

24 June 2022

While it is clear what is on offer for those wanting to leave, it is much less clear what will happen to those who remain.

24 June 2022

The  European Union is to amed current levels of red yeast rice-dervived monacolins permitted in food in a move that ends the regulatory wrangling of this component dating back to 2020.

23 June 2022

The European Union is sticking with a plan to halve the use of the pesticides by 2030 even as agriculture comes under pressure from shortages sparked by Russia’s tactics in its war against Ukraine.

20 June 2022

Cambodia’s rice export to European markets have remained mostly unaffected by the global hike in oil and gas prices, despite increase in export price.

15 June 2022

A cargo ship carrying 18,000 tonnes of Ukrainian corn arrived in Spain on June 13 after being shipped via the Baltic Sea to circumvent Russia’s blockade, imposed following its invasion of Ukraine on Feb. 24, CNN reported, citing a statement from the Agafac regional feed manufacturers association of Spain.

20 June 2022

Persistent drought and high fertilizer prices are conspiring to cut Argentina’s 2022-23 wheat planting area estimate, Reuters reported, citing the Buenos Aires Grains Exchange on June 16.

14 June 2022

But the issue that's putting the most pressure on global food prices is undoubtedly the record inflation that's bumped up the cost of foods such as meat, poultry, and fish, as well as fresh fruit, pre-packaged cereals and baked goods, according to CNBC.

09 June 2022

The government of Panama decided to import some 60 thousand tons of rice to guarantee the consumption of one of the country’s main products.

26 May 2022

President Luis Abinader supported the success of the Dominican Republic in the fight against Covid-19.

23 May 2022

Laborers wait after unloading the sacks of rice at a wholesale market, amid the country's economic crisis in Colombo, Sri Lanka, May 20, 2022.

17 May 2022

Mexico will waive import duties for one year on a range of household staples, most of them foodstuffs, in a bid to curb inflation, the government said on Monday.

17 May 2022

Mexico aims to as much as triple its fertilizer production, the government said on Sunday, to support its plan to boost local agriculture production and control consumer price inflation.

13 May 2022

Expected dry weather will mean a smaller wheat crop in Argentina in the 2022-23 marketing year, according to the Rosario Grains Exchange.

09 May 2022

The Arkansas Agricultural Experiment Station's Rice Breeding Program off-season harvest in the U.S. territory of Puerto Rico pulled in a record amount of rice breeding materials this year for ongoing experiments and seed increases.

05 May 2022

Self-Help International is promoting the cultivation and consumption of biofortified rice in Nicaragua, making rice the third nutritionally enhanced crop that Self-Help has introduced there.

29 June 2022

India and Cuba held the second round of Foreign Office Consultations in Havana during which the two sides reviewed the entire gamut of their bilateral relations, and signed an agreement on short-term credit worth Euro 100 million for procurement of rice from India.

23 June 2022

The United Arab Emirates is interested in purchasing Thai rice, Vice Commerce Minister Sansern Samalapa said on Wednesday.

16 June 2022

The resolution applies to all wheat varieties (spelt), namely hard, ordinary, and soft wheat, and wheat flour (spelt flour)

16 June 2022

The United Arab Emirates (UAE) has ordered a four-month suspension in exports and re-exports of wheat and wheat flour originating from India, the world's second biggest producer of the grain, state news agency WAM said on Wednesday.

01 June 2022

On May 8, the Iraqi Ministry of Agriculture warned that 90 percent of Iraqi agricultural land has been desertified or is at risk of desertification in the near future, due to climate change and water disputes with Iran and Turkey.

30 May 2022

Due to global supply concerns, Egypt, perennially among the world’s largest wheat importers, will allow wheat shipments with a moisture level of up to 14% for a year, up from 13.5%, Reuters reported, citing a trade ministry document.

23 May 2022

Afghanistan needs jobs. In the medium and long terms, nothing else can help the country struggle back to its feet.

16 May 2022

Drought is threatening the Iraqi tradition of growing amber rice, the aromatic basis of rich lamb and other dishes, and a key element in a struggling economy.

10 May 2022

Turkey's leading agribusiness firm Yayla Agro Gida is expecting to raise 887.5 million lira ($59.25 million) in an IPO this week, and it will be followed by a new investment in Turkey and a buy-out in the United States, its chairman said.

21 April 2022

Iran’s campaign to bypass US-led sanctions is moving into higher gear as more countries, especially in Asia and Latin America, soften up to barter trade with the Islamic Republic.

30 June 2022

UAE’s overall economic recovery will boost consumption and imports of grain and feed in MY 2022/23

30 June 2022

Morocco is facing low wheat production in marketing year 2022/23 due to drought. The Ministry of Agriculture forecasts total wheat and barley production at 3.2 million metric tons, about 62 percent down from the previous year’s crop (10.2 million metric tons).

29 June 2022

The FAS/Seoul June 2022 Grain and Feed update covers changes to the Korean rice situation since the March 2022 Grain and Feed Annual report.

29 June 2022

This report covers the national rice market. Rice prices are listed by variety and by state, with historical trend data for select varieties. Also included is a market trend analysis.

29 June 2022

This full text file contains reports, issued weekly during the growing season (April to November), which lists planting, fruiting, and harvesting progress and overall condition of selected crops in major producing states.

28 June 2022

Wheat production for marketing year (MY) 2022/23 is forecast slightly lower than the USDA official forecast based on updated industry and Mexican government data that reflect adverse weather conditions.

28 June 2022

Rice export prices decreased 3-5 percent due to the weakening of the Thai baht.

24 June 2022

Executive Order #171, Series of 2022, modifies market access for MFN tariffs on corn and rice through December 31, 2021, necessitating changes to Post’s corn and wheat balance sheets but not rice. The new rice tariff effectively only provides a safeguard to ensure the Philippines will have access to alternative foreign supplies should ASEAN members limit exports

23 June 2022

After more than 100 days of the Russian-Ukrainian war, wheat prices have surged almost 60 percent globally, hitting their highest levels in 14 years.

23 June 2022

On June 15, Kazakhstan extended wheat and wheat flour export restrictions until September 30. The restrictions were originally approved on April 14 under the Ministry of Agriculture's decree “Regarding export of certain goods from the territory of the Republic of Kazakhstan” and set to expire on June 15, 2022.

01 July 2022

Rice farmers in eastern Arkansas heading out to check fields Wednesday morning instead found something with a bit more bite.

30 June 2022

The journey to develop alternative proteins to sustainably feed the world’s ballooning population is a key factor in F&B research, investment, food technology and discovery.

30 June 2022

After years of depressed commodity prices, this could be the year for Arkansas grain growers to cash in — if just a few things go their way.

29 June 2022

Inflation and increased food costs are driving up the price tag for the 2023 Farm Bill above $1 trillion, according to American Farm Bureau Economist Shelby Myers.

29 June 2022

Soybeans are rated 77% good to excellent, with 51% of the crop blooming.  Just 2% of the crop is left to be planted.  Cotton is rated 78% good to excellent with 51% squaring and 2% setting bolls.

29 June 2022

After years of depressed commodity prices, this could be the year for Arkansas grain growers to cash in — if just a few things go their way.

29 June 2022

Chris Scheuring’s farm, like many others in California, has been forced to adapt to the drought.

29 June 2022

High temperatures across Northern California are making it trickier to store and preserve fruits and vegetables.

27 June 2022

A research project is trialing new telecommunication tools to help New South Wales rice growers become more efficient with their water usage and potentially save labor costs.

27 June 2022

September rice futures traded mostly lower this week, following a broader ag market selloff.  Cotton and grains offered no support to rice futures and the U.S. dollar is trading near 20-year highs.

27 June 2022

UN Secretary General Antonio Guterres has warned of an "unprecedented global hunger crisis," saying next year could be worse.

16 June 2022

The recent rise in food prices is also raising concerns about rice prices. Experts said rice production is still adequate, but prices might need to be monitored next, CNBC reported on Sunday.

09 June 2022

The World Bank slashed its growth estimate for the global economy to 2.9 percent, 1.2 percentage points below the January forecast, due to the Russian invasion of Ukraine which has caused a severe downturn.

08 June 2022

Consumers around the world are facing high food prices, but by restricting food exports, governments of major food exporting nations will only exacerbate the issue, Sonia Akter writes.

06 June 2022

The scale of the global food crisis that has followed Russia’s invasion of Ukraine cannot be underestimated.

03 June 2022

According to the Food and Agriculture Organization, of the 4% of the 250,000 to 300,000 known edible plant species, only 150-200 are used by humans. Just three — rice, maize and wheat — contribute nearly 60% of the calories and proteins obtained by humans from plants. This leads to severe food security issues.

30 May 2022

Global volume consumption of red yeast rice is 18,370 metric tons, and is expected to surge to 40,469 metric tons by the end of 2032.

16 May 2022

Governments around the world are taking steps to safeguard food supplies as inflation soars due to supply-chain disruptions caused by the COVID-19 pandemic and the war in Ukraine.

06 May 2022

Vegetable oil and maize prices slightly decrease after recent surge, while rice, meat, dairy and suger prices slightly increase and global trade prospects dim

20 April 2022

Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined.

01 July 2022

An increasingly stretched OPEC and its allies on June 30 reaffirmed plans for a nominal 648,000 b/d production rise in August, as questions continued to swirl about how much crude oil the group will be able and willing to pump in the months ahead.

01 July 2022

Chicago soybean futures have bounced, but corn has remained stagnant following last week’s selloff in both commodities, among the largest in years.

01 July 2022

Brazil, among the largest wheat importers in the world, –mainly from Mercosur associates–, is breaking consecutive export records in 2022.

01 July 2022

Greece is willing to provide ships to help export grain from Ukraine’s Black Sea ports that have been blocked by Russia, NATO Secretary-General Jens Stoltenberg said on Thursday.

30 June 2022

Saudi Arabia and the UAE have starring roles to play in the oil market this summer, as the only producers in the world holding any significant spare output capacity.

30 June 2022

U.S. crude stocks fell in the latest week but fuel inventories rose, the government said on Wednesday, as refiners picked up activity, while industry production hit its highest in more than two years in response to tight worldwide supply and high prices.

30 June 2022

ICE Brent gave up all of its early session gains yesterday to settle almost 1.5% lower. This follows the EIA report, which showed relatively sluggish gasoline demand.

30 June 2022

Chicago edged down on Thursday, weighed by increased chances of rain in growing areas in the United States.

30 June 2022

The Russia-focused Sovecon agriculture consultancy said it had raised its forecast for Russia’s July-June wheat exports by 300,000 tonnes to a new record high of 42.6 million tonnes.

29 June 2022

If you’re studying for an upcoming exam, you might want to look for good brain food to supplement all that studying you’re doing.

Executive Summary

04 July 2022

Rice markets remain stable, but it is interesting that markets that are often shaped by the weather and politics show a measure of both. The Ukraine war is the big event in process, but is now an undercurrent in terms of influence, and one that many see as key to the inflationary forces that have hit multiple markets. This week also saw Ferdinand "BongBong" Marcos Jr sworn in as President of the Philippines, and with that, we hear some talk, (especially in Vietnam) about how future rice imports and associated policies will look under the new President (though Sara Duterte is Vice President and offers hope for some of the previous policies to be maintained).

Thought of the week

04 July 2022
Business Stay In The Game...

Stay hungry, stay foolish

-- Steve Jobs --