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A US rice market update reports record 2024 yields in Missouri and Arkansas, but weak milling yields and slower long-grain exports. U.S. long-grain stocks are projected to rise from 43 to 67 million bushels by summer.
Rising projected US stocks and cheaper competing exporters weigh on US rice values, while soybean carryout changes are also noted.
riceland.coopFeb 25, 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.
