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U.S. Rice Planting Area to Increase by 16% This Year Compared to Last Year

U.S. rice planting area to increase by 16% this year compared to last year. The best immigration news can be found on the Worldway Investment Immigration official website.

世贸通
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    U.S. investment immigration focus on U.S. economy: According to the U.S. Department of Agriculture, U.S. rice planting area this year is expected to increase by approximately 16% compared to the 1 million hectares in 2013, reaching 1.16 million hectares, due to a decline in the prices of competing crops.

 

U.S. Rice Planting Area to Increase by 16% This Year Compared to Last Year

 

The U.S. Department of Agriculture stated that the average U.S. rice yield in 2013 was estimated at 8.62 tons per hectare, with a total rice production of 8.6 million tons.

Additionally, news from São Paulo on April 2: According to the latest report released by the Center for Advanced Studies on Applied Economics (CEPEA) at the Luiz de Queiroz College of Agriculture, University of São Paulo, Brazil, for the week ending March 31, 2014, the Brazilian rice price index was 33.98 Brazilian Reais per 50 kg, slightly higher than the 33.75 Reais from the previous week.

In U.S. dollar terms, the index was $299.80 per ton, an increase of about 3% from $291 the previous week.

Investment involves risks, the above information is for reference only

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