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Horizon Ag field reports say cool, wet weather in Louisiana left rice crops looking rough, though warmer conditions are expected to help. Planting has about 15 percent left and will run into late May, with weedy rice control delaying some fields.
Louisiana rice is a small share of global supply and this is routine agronomic commentary. Any crop impact is too minor to move feed-related prices materially.
lafarmbureaunews.comAvery DavidsonApr 24, 2018After 31 past neutral weather events, Rough Rice moved a median -0.0% over 5 sessions (48% higher; middle half -2.1% to +2.1%), and -1.5% 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.
