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South Korea's November consumer price inflation was 2.4% year on year, with rice prices up 18.6% and petroleum products up 5.9%. Agricultural, livestock and fishery products rose 5.6% over the year.
Higher domestic rice and energy costs reflect tight Korean food supply and currency-driven fuel costs, but this consumer price release has little direct effect on global feed commodity prices.
After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% 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.