US hails US$110 mil rice export agreement with S. Korea

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North Asian nation has agreed to buy some 132,304 tons of the crop. FMTNews RiceExport

WASHINGTON: South Korea has agreed to buy more than US$100 million in annual US rice exports, US officials said Tuesday.

“Exports are critical for the economic health of the US rice industry, with half our crop being exported every year,” US Agriculture Secretary Sonny Perdue said in the statement.

 

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