The world's largest rice producer is hungry for more and looking to the U.S. for supplies. China will import American rice for the first time after a new trade deal was agreed to Thursday. "The agreement with China has been in the works for more than a decade and I'm pleased to see it finally come to fruition, especially knowing how greatly it will benefit our growers and industry," said U.S. Agriculture Secretary Sonny Perdue in a statement. China produces 20 times more rice than the U.S., but it's also the world's biggest consumer. Recently it has been buying more rice abroad, spending way over $1 billion in some years, to feed its population.