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BMI, a Fitch Solutions company, cut its 2025 price forecast for CBOT second-month rough rice futures from USD13.9 to USD12.8 per cwt. Contracts closed at USD11.6 per cwt on September 9, the lowest since July 2020, after record Indian output lifted supplies.
Abundant Indian supply and persistent global surpluses point to continued pressure on rough rice prices. Buyers can expect cheaper rice to remain available through the coming crop year.
businesstoday.com.mySep 15, 2025Not 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.
