# Rice Supply Faces New Threat as Thailand Urges Crop Curbs - Bloomberg

> Thailand has urged farmers to reduce rice planting to conserve water after poor rainfall. The move comes after India's partial export ban. Farmers have already planted most of their crop.

- Date: 2023-08-02 · published 2023-08-02T12:00:00.000Z
- Category: weather · region Thailand · magnitude medium
- Page: https://feedsoft.ai/events/12036-rice-supply-faces-new-threat-as-thailand-urges-crop-curbs-bloomberg
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Reduced Thai planting threatens future export supply from a major exporter, supporting rice prices into the next crop cycle.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-10-11 | [Asia Rice Market Braces for More Stress From El Niño After Export Curbs - Bloomberg](https://feedsoft.ai/events/33694-asia-rice-market-braces-for-more-stress-from-el-nino-after-export-curbs.md) | -0.1% | +2.8% |
| RICE | 2023-04-17 | [DA assures stable rice supply amid El Niño threat](https://feedsoft.ai/events/36490-da-assures-stable-rice-supply-amid-el-nino-threat.md) | -2.7% | +5.1% |
| RICE | 2017-10-19 | [Rice prices up in India, Vietnam as rains dampen crop supply](https://feedsoft.ai/events/68535-rice-prices-up-in-india-vietnam-as-rains-dampen-crop-supply.md) | -2.3% | +1.2% |
| RICE | 2023-07-06 | [Rice to get costlier as weather, India's farm perks threaten supply](https://feedsoft.ai/events/35133-rice-to-get-costlier-as-weather-india-s-farm-perks-threaten-supply.md) | +5.1% | -12.8% |
| RICE | 2020-03-30 | [Rice prices hit 6-year high as Thailand and Vietnam face drought - Nikkei Asia](https://feedsoft.ai/events/54207-rice-prices-hit-6-year-high-as-thailand-and-vietnam-face-drought-nikkei-asia.md) | +4.2% | +21.5% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-08-02/global-rice-supply-faces-new-threat-as-thailand-urges-crop-curbs

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
