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An opinion column notes that CBOT September rough rice is near $14.18/cwt, with January 2027 above $15 and March near $15.50, close to an 18-month high. It cites USDA's July WASDE forecast of a $13.50/cwt season-average farm price for 2026/27 long-grain rice, up from $10.40.
Forward rice futures and USDA price projections both point higher into 2027, signalling tighter expected supplies and firmer rice values.
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.