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CBOT rough rice futures traded in a soft, orderly market, with the May 2026 contract near 11.81 USD/cwt and deferred months easing. Physical FOB prices in India and Vietnam drifted lower as export competition intensified.
Softer Asian export quotes and a comfortable forward curve point to ample supply and limited near-term tightness. Weather and El Niño risks could still reverse the trend.
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.