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Global rice prices fell in recent weeks on slow demand and new crop availability, according to the IGC's March 20 report, which showed a 3% overall decline. Thai 5% broken fob dropped $10 to $403, the lowest in about two and a half years, while Uruguayan values fell $60.
Ample spot supplies and weak buying interest keep downward pressure on rice export quotes, which weighs on rough rice and feed-related pricing sentiment.
world-grain.comChris LyddonMar 24, 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.
