Guyana’s second crop planted area is estimated at 80,000ha, 90% of the target, according to the Guyana Rice Development Board. Planting concluded in June and was affected by the early arrival...

Water levels in India’s 91 major reservoirs totalled 87.74 billion cubic metres as of 16 August, according to the Ministry of Water Resources, River Development and Ganga Rejuvenation. This...

No vessels were being loaded with rice in Rio Grande Port on 16 August. A Phoenix vessel is expected to arrive today (17 August) to be loaded with 15,500 MTS of broken rice and a Casillo vessel is...

Myanmar exported 833,663 MTS of milled rice valued at US $288.99 million between 1 April – 2 August, according to local reports citing the Myanmar Rice Federation. Of this volume, 363,878 MTS...

Paddy planting in Nepal was 95% complete as of 16 August, compared to 87% at this time last year, according to the Ministry of Agriculture cited in local reports. The Ministry’s 2018 planting...

The Indian Rupee depreciated by 2.05% from 10 – 16 August to a record low of INR 70.32 against the U.S. Dollar at 08:00 UTC. According to local reports, India’s trade deficit widened to...

E.U. rice imports totalled 1.06 million MTS (milled equivalent, excluding broken rice) during the first nine months of the 2017/18 marketing year (September – August), up by 0.25%...

The LRI understands that ADM was awarded 30,000 MTS of Uruguayan rice and 30,000 MTS of U.S. rice in the Iraqi Ministry of Trade’s 12 August global origin white rice tender. The awarded...

A Phoenix vessel arrived on 9 August to be loaded with 33,000 MTS of 5% broken white rice for Africa. Blue Star and HTK Energy also arrived on 9 August to be loaded with 20,000 MTS for Korea and...

The USDA has forecast Bangladesh’s milled rice production in the 2018/19 marketing year (May – April) at 34.4 million MTS, up by 5.2% year-on-year. Harvested area is forecast to...

Paddy production in the Philippines in Q2 2018 is estimated to have decreased by 1.45% year-on-year to 4.09 million MTS, according to the Philippine Statistics Authority. Harvested area is...

Sri Lankan 2018 off-season Yala crop paddy production is forecast to increase by 56% from last year’s drought-affected production to 1.42 million MTS (880,000 MTS milled equivalent),...

The LRI understands that the Turkish government has increased the additional tariff on U.S. milled rice imports from 25% to 50% today (15 August). As milled rice imports from all origins are...

Five vessels were being loaded with a total of 191,100 MTS of rice in Kakinada Port on 14 August, down by 28% from 4 August. Olam was loading two vessels: one with 17,000 MTS of 5% broken white...

Brazil’s rice exports between January – July 2018 totalled 996,250 MTS, up from 447,208 MTS in 2017, according to the IRGA. Exports in July totalled 84,616 MTS, down from 112,569 MTS in...

According to reports, Argentina’s Central Bank has raised interest rates from 40% to 45% in reaction to the Peso depreciating by 2.4% against the U.S. Dollar on Monday (13 August), with...

According to local reports, Japan exported 11,841 MTS of milled rice in 2017, up from 940 MTS in 2007; these exports are valued at YEN 3.2 billion (US $28.8 million). Hong Kong imported the largest...

Rice stocks in the Food Corporation of India’s Central Pool totalled 26.47 million MTS as of 1 August, representing a 10.8% month-on-month decrease but a 3.41% year-on-year increase. Of this...

The LRI understands that Irfan Noman Bernas, VMS Trading and LMJ Services have been awarded in Mauritius’ State Trading Corporation’s 13 July tender for 6,000 MTS (+/-10%) of long grain...

The LRI understands that the Iraqi Ministry of Trade has received the following offers in its 12 August global origin white rice tender. These offers will remain valid until 16 August.