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  • Writer's pictureBy The Financial District

U.S. Rice Traders Tell Market: We've Got Plenty Of Supply

Last month, the Indian government announced an abrupt ban on exporting non-basmati white rice, which includes varieties favored by South Indian communities, pushing many people to panic, CNN Business reported.

Photo Insert: US rice producers want consumers to know: We’ve got plenty of rice.



The move has raised fears of destabilizing rice supplies in certain parts of the world and reportedly sent some US shoppers into panic-buying mode, reports my colleague Danielle Wiener-Bronner.


But US rice producers want consumers to know: We’ve got plenty of rice. “There’s enough US rice to go around,” the USA Rice Federation, which advocates for members of the US rice industry globally, said in a statement on Monday.


“This is not toilet paper in the Spring of 2020.”





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