WASDE Rice: Domestic Usage Unchanged, Lower Ending Stocks

From USDA

The outlook for 2019/20 U.S. rice this month is for lower supplies, unchanged domestic use and exports, and reduced ending stocks. Supplies are lowered by 0.5 million cwt to 261.5 million on decreased imports.

Long-grain imports are lowered on an expected reduced volume in the near-term due to sharply curtailed restaurant usage caused by the COVID-19 pandemic.

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