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Rice futures rose above $11 per hundredweight in March, reaching a one-month high amid broader grain gains linked to the Iran war. The FAO raised its 2025/26 global rice production forecast by 1.7 million tonnes to a record 563.4 million tonnes.
Short-term support came from firmer grains and higher war-related freight and insurance costs, but a record global output forecast limits upside. The net effect is a modest bullish tilt in futures.
tradingview.comMar 9, 2026Not 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.
