Peru's Drought Could Boost Demand for US Rice
date:Apr 01, 2014
Peru's 30 million citizens eat a lot of rice - annual per capita consumption hovers around 130 pounds, and it appears to be growing. Overall rice consumption in Peru has increased roughly seven percent over 2012-13 market data. Current wholesale prices for domestic milled rice in Peru are roughly $880/ton (5 per cent broken grain) and $850/ton (10 per cent broken grain) making US rice extremely competitive.

The lingering drought in Piura and Lambayeque provinces in the north, which produce roug
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