U.S. rice industry to the ITC: Subsidies abroad are hampering exports

Non-market practices in India and China and non-tariff barriers in the European Union are hurting U.S. rice exports, representatives from the U.S. rice industry told the U.S. International Trade Commission on Tuesday, warning that the situation is likely to worsen. “The U.S. rice industry's largest concern is India's use of market price support, and its spillover effects on global rice prices,” Peter Bachmann, president and CEO of USA Rice Federation – which advocates for U.S. producers and millers – told...