Friday, May 21, 2010

A Bad Economy May Be Good News For U.S. Rice Exports To The U.K.

The current economic downturn could benefit U.S. rice exports to the United Kingdom, according to a report today by Betsy Ward with the USA Rice Federation.

During the U.K. Rice Association Symposium this week in London, a consumer analyst noted that the weak economy is promoting more eating at home in the U.K., just  as it is here.

"Rice is benefiting because it is quick and easy to prepare, and fits as a healthy ingredient in many different dishes," Ward reported. "The average U.K. family purchases a rice product about eight times per year, which offers the potential for future growth in rice consumption."

- Owen Taylor

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