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Thailand's National Statistician says rice inflation may persist until July, driven by high world rice prices, El Niño effects and low base-period prices from last year. Domestic rice prices are rising.
Higher domestic rice prices reflect firm global rice costs, which can keep rice-based feed ingredient prices elevated for several months.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% over 20.
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.