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Global rice prices declined in recent weeks on weak demand and abundant supply as new harvests arrived. The International Grains Council reported a 3% drop, with Thai 5% broken rice falling $10 to $403 per ton, the lowest in over two years.
Sustained low global rice prices make rice byproducts cheaper feed alternatives, weighing on feed ingredient values.
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.