The new Japan trade deal represents a big win for American agriculture. The agreement includes the purchase of $8 billion of U.S. goods, along with an expansion of rice imports.
Frequent Market Day Report guest Jeremy Zwinger of Farm and Trade joined RFD-TV’s Suzanne Alexander to discuss how the markets are following the announcement, if it is a big boost for rice producers in the United States, and how big a market Japan is for U.S. rice.
Hear from California rice grower, Charley Mathews Jr., about what the trade deal means to him.
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Overall, the report suggests a shift toward more comfortable supply levels, with demand emerging as a key factor to watch in the months ahead.