What We Provide
For rice buyers operating in today's volatile commodity markets, having in-depth market intelligence is more critical than ever. That is why we focus on giving our clients the insights they need to understand market dynamics and make fully informed purchasing decisions.
At National Rice Company, we continually compile rice market and product data from a wide range of industry, government, and academic sources. We augment this historical data with the intelligence we gain from being in the market and negotiating contracts every day. The result is a uniquely comprehensive market view – a wealth of information we filter and interpret from the rice buyer's perspective, tailor to the needs of individual clients, and deliver in a variety of forms:
- Regular Updates
In addition to forwarding key market and production reports as soon as they become available, we produce our own market analyses that highlight and interpret the most meaningful data. We also make our clients aware of significant market events and trends as we see them take shape.
- The Rice Bowl
Each month we provide a quick snapshot of current market conditions, including spot pricing, milling, exports, production figures, stock levels, international pricing, season-average farm pricing and futures pricing.
- Client-Specific Market Alerts
As we review market data, we sometimes see "trigger points" signaling pricing or product developments that could affect individual clients. We alert those clients with concise summations backed up by the salient data, contacting them by phone if the information is especially timely. And, of course, we are always ready to answer client questions or provide any feedback concerning market trends.
- Market Analysis Newsletters
Every quarter we provide our clients with a newsletter summarizing our analysis and forecasts on different aspects of the world and domestic rice markets. We apply advanced economic modeling as well as econometrics and numerical methods that make use of the empirical data we’ve gathered. Depending on the time of year, topics include, but are not limited to, prices and volatility, factors affecting producers’ crop planting decisions, crop conditions, field yields and production, and causality among relevant variables.
- Onsite Briefings
On request, we will meet personally with our clients to share and interpret market data relevant to specific rice purchasing needs, discuss the market outlook, provide feedback on purchasing strategies, offer advice on cost management or product development initiatives – in short, to make our wealth of rice knowledge available in any way that could be helpful. These face-to-face meetings may be held on a one-time or periodic basis at any mutually workable time and location.
- Client-Specific Requests
We also provide our clients with material tailored to their own needs, such as a departmental presentation or internal product analysis.