The 2008/09 U.S. season-average farm price is the highest on record
The August U.S. rough-rice cash price was the highest on record
The 2008/09 U.S. rough-rice crop is projected at 206.9 million cwt
Production is projected higher in 2008 in every producing State except California
Total U.S. rice supplies in 2008/09 are virtually unchanged from last year
U.S. rice imports are projected to be the highest on record in 2008/09
U.S. exports are projected to increase 2 percent in 2008/09
Milled-rice exports are projected to increase 6 percent in 2008/09
U.S. long-grain exports are projected to increase 6 percent in 2008/09 1/
U.S. ending stocks in 2008/09 are projected to decline 12 percent
Global ending stocks are projected to increase 4 percent in 2008/09
Global rice trade is projected to decline in 2008 and 2009
Vietnam, Pakistan, and China are projected to export more rice in 2009
The Philippines are projected to import a record 2.5 million tons of rice in 2009
Global trading prices have dropped about 30 percent since early May
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