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Following Rice news
is the key to trading fundamentally. Below you can find links to articles in the news that discuss
market fundamentals that could potentially affect the price of Rice on the CME
commodities exchange. Before you invest in the rice futures market you should do your
own research.
1. Bloomberg.com “Thai Rice Stocks to Surge
as Yingluck Extends Purchase Plan” March 1, 2012 Thailand’s
government is expanding a rice-buying program it says will bring in more cash for the grain as exporters blame the policy
for putting the country’s 30-year reign as the world’s top shipper at risk.
2. Bloomberg.com “Rice Exports From
Myanmar Seen Doubling in Challenge to Thailand, Vietnam” January 31, 2012 Rice exports from Myanmar may more than double to 1.5 million metric tons this year, an industry group
forecast, highlighting the country’s potential to boost overseas trade as its government pursues reform.
3. Bloomberg.com
"Thai Rice Production Seen Climbing to Record After Floods" January 19, 2012 Higher output form Thailand, together with
a record crop from India and shipments from Vietnam, may depress global prices even as the Thai government
pursues a policy of purchasing rough rice from farmers above local rates.
4. Bloomberg.com "Thai Rice Exports
Seen Plunging on State Buying, Flooding" November 4, 2011 Rice shipments from Thailand, the largest exporter, will drop by half
from November to January as a state-buying policy raises costs and flooding disrupts transport, according to the Thai Rice
Exporters Association.
5. Bloomberg.com "Rice Futures Jump to Four-Month High as U.S. Planting Declines" July
6, 2011 Rice futures rose to a four-month high on mounting concern that output is dropping in the U.S., the world’s
third-largest exporter. Farmers in the U.S. planted 2.676 million acres this year, down 26 percent from 2010.
6. Bloomberg.com “Rice Exports
From Thailand May Increase More Than Expected, Official Says” April, 22, 2011 Rice exports from Thailand, the world’s
largest shipper of the grain, may gain more than expected this year, boosted by strong demand from the Middle East and Asia,
according to the Ministry of Commerce.
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