Loading…

Rice prices have eased in recent weeks as abundant supply meets weak demand. USDA reported lower export quotes for the US, India, Vietnam, Pakistan and Thailand since the February WASDE, with Uruguay the only gain.
Global export quotes falling across major exporters, alongside record-high global stocks, point to continued pressure on world rice prices. Middle East shipping disruption adds uncertainty but has not reversed the trend.
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.