Taiwan: Tender for the 2014 U.S. Rice CSQ in Slow Progress
Eighty-eight percent, 28,884 MT, of Taiwan’s 2014 U.S. rice Country Specific Quota (CSQ) under normal tender is yet to be complete. While Taiwan recently lifted a longstanding ban on U.S. long grain rice, restrictive specifications may limit shipments. Taiwan’s recent changes to medium/short grain tender specifications may elevate risk for U.S. tender failures. Additionally, concerns regarding West Coast ports slowdowns resulted in the shortage of bidders. Report includes results of five U.S. rice CSQ tenders held during the week of December 8.