
DTN reports that COVID-19 has pressured most US farm commodities so far in 2020, with corn, soybeans, cattle, hogs and milk all down sharply by mid-April. Rough rice prices were up about 9% and KC wheat roughly flat over the first months of the year.
The IMF projected a 3% global GDP contraction in 2020 and a 5.9% US decline.
Rice and wheat demand depends mainly on population growth, so it holds up better than feed-linked demand during an economic downturn. This supports relative rice pricing while feed demand weakens.
Tras 43 eventos de macro pasados, Arroz cáscara se movió una mediana de +0,5 % en 5 sesiones (56% al alza; mitad central entre -2,0 % y +2,3 %), y +1,6 % en 20.
Variaciones de la referencia de cada materia prima desde el último cierre antes del evento. Las lecturas históricas agrupan eventos pasados del mismo tipo; describen lo ocurrido, no lo que ocurrirá. No es asesoramiento de inversión.