Dennis DeLaughter

Market Analyst|Vantage RM LLC

2023 Abstract - RICE MARKET OUTLOOK - THE SWINGS IN SUPPLY AND DEMAND: The issue most concerning issue for the rice market outlook is demand. Certainly, supply is a factor but questions regarding the drought in China and India along with demand uncertainty from Iraq and Central Ameria will dominate the marketing landscape near term. Longer-term the general farming economy will play into pricing for the 2023 crop. Then there will be questions of a recession and how high will operating interest rates go before the FED tames inflation? We will cover these issues and more in the swings of supply and demand for rice in 2023.