By Peter Bachmann
USA Rice
The most recent U.S. Department of Agriculture’s weekly export sales report brought in the first rice trade figures of the 2021-22 marketing year and closed out what felt like a tumultuous trade year for the industry.
As of August 5, there were already 517,000 metric tons (MT) of outstanding sales recorded for this year, some of which were rolled over from the prior marketing year, but already nearly 200,000 MT ahead of where sales were at the same time one year ago.