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US Rice Producers reports cold weather damaged much of Arkansas rice country and that Colombia's large TRQ results are still pending. Asian export prices held steady, with Thailand near $400, Vietnam at $365 and India at $360 per ton, and US long-grain milled at $575 per ton.
Stable Asian quotes and a pending Colombian quota leave rice prices range-bound, while an expected acreage reduction could support prices later.
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.