Urner Barry Releases November Emerging Plant Protein Report
According to the latest USDA WASDE, the outlook for 2021/22 U.S. rice this November is for increased supplies with higher domestic use, lower exports, and larger ending stocks. Supplies were raised on increased rice production by 3.3 million cwt to 193.8 million cwt. The all-rice yield is projected at a record 7,765 pounds per acre, up 131 pounds from the previous estimate. Record yields are forecast for Arkansas, California, Mississippi, and Missouri.
Harvested area remains estimated at 2.5 million acres, more than 16% below a year ago. All reported states except Texas are estimated to have harvested area below a year earlier. Texas has seen a slight increase of 5% year-over-year. In the Delta, harvested area in Arkansas remains reported at...
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