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CBOT rough rice futures softened slightly on the forward curve, with July 2026 around 11.85 USD/cwt and deferred contracts down about 1.8%. Vietnamese and Indian FOB export offers have been essentially flat over the past three weeks.
Flat physical offers alongside softer deferred futures point to a range-bound market, though El Niño and monsoon risks could quickly shift sentiment for feed-grade and rice-based feed ingredients.
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.