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USDA-ERS economist Nathan Childs outlined the 2018-19 rice outlook: global production projected at 487.8 million tons milled, up 450,000 tons, with ending stocks of 143.8 million tons. U.S. 2018 production is expected to rise 5% to 213 million cwt on an 18% acreage increase, and U.S. 2018-19 ending stocks are forecast at 42.3 million cwt.
A larger U.S. crop and a 31% jump in projected carryout point to ample rice supply and weaker prices, with sluggish exports reinforcing the bearish balance.
ricefarming.comVicky26 jul 2018Tras 87 eventos bajista de informe pasados, Arroz cáscara se movió una mediana de +0,0 % en 5 sesiones (53% al alza; mitad central entre -2,1 % y +2,4 %), y +1,1 % 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.
USDA-ERS outlook of a 5% rise in 2018 U.S. production on an 18% acreage increase and large global stocks signals ample supply, a bearish factor for U.S. rough rice futures.
