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Rice futures rose to about 13.34 USD/cwt, the highest since June 2025, and are up 6.47% over four weeks. The move is attributed to El Niño supply concerns, with the IGC pegging 2026/27 global rice output at 545 million tonnes.
El Niño-driven supply worries and a multi-week rally support rice prices and could lift the cost of rice-based feed ingredients.
After 179 past bullish weather events, RICE moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% 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.