here is the latest news...The Oryza White Rice Index, a weighted average of global white rice export quotes, ended the month of March at $453 per ton, down about $8 per ton from a month ago and $36 per ton from a year ago. The Oryza WRI declined in March because of softness in Thailand rice quotes. Thailand 5% broken rice quotes declined about $45 per ton from a month ago and $155 per ton from a year ago, mainly due to discontinuation of Thai rice pledging program. Thailand remained the cheapest origin while South America remains the most expensive origin in March. Some softness in Vietnam and South America rice quotes were offset by the higher quotes from India, Pakistan and U.S. - See more at: http://oryza.com/reports/monthly-review/oryza-march-2014-rice-market-review#sthash.zgF5T5lX.dpuf
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