
The November 2025 WASDE report showed long-grain rice production cut by 1 million cwt on lower yields across Midsouth states, with the season-average price lowered to $5.18 per bushel. Corn and soybean season-average prices were raised, yet futures fell sharply on higher-than-expected production and weaker export expectations.
Lower US rice supplies tighten the rice outlook for feed and food buyers, while higher corn and soy production estimates weigh on feed grain prices. The mixed numbers leave the net price effect modest.
After 88 past bullish report events, RICE moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% over 20.
After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 788 past bearish report events, SOY moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% 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.