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Thai Deputy Prime Minister and Commerce Minister Suphajee Suthumpun said domestic rice prices had improved, and farmers and millers reported satisfaction. The Thai Rice Exporters Association cited renewed demand from Malaysia and the Philippines.
Stronger Thai paddy and export demand supports global rice values and tightens exportable supply. The effect on feed markets is limited because rice is a minor feed ingredient.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.