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Rice Outlook: June 2012

  • by Nathan Childs
  • 6/13/2012
  • RCS-12F

Overview

There were several revisions this month to both the 2011/12 and 2012/13 U.S. rice balance sheets. For 2011/12, total exports were raised 4.0 million cwt to 101.0 million, with milled rice accounting for all of the increase. On the 2011/12 supply side, imports were lowered 0.5 million cwt to 20.0 million. These revisions resulted in a 4.5-million cwt reduction in the 2011/12 ending stocks forecast to 29.5 million cwt.

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