Anyone know of USA rice stocks or future contracts? USA Rice futures have been down but my guess is they will rise on news.
White House - AP Cabinet & State
[] U.S. Growers Again Sell Rice to Iraq
Thu Apr 7, 7:17 PM ET White House - AP Cabinet & State
By LIBBY QUAID, Associated Press Writer WASHINGTON - After trying for more than a year, American rice growers are finally selling rice to Iraq. Iraq purchased 60,000 metric tons of U.S. rice, the Agriculture Department said Thursday. Based on average price in the region, the sale could be worth $10 million to $19 million, depending on the type of rice and other factors. "Not only is the size of the sale significant, but it also marks the return of American rice to the Iraqi market," Agriculture Secretary Mike Johanns said.
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