Loading…
US rice prices fell to their lowest level since 2023 as of January 23, with Southern paddy and Calrose milled prices sharply lower year on year. Weak demand and poor milling yields are weighing on the market, and buyers are waiting on the South American harvest.
Buyers already covered and a favorable South American harvest point to continued weakness in US rice prices until demand picks up.
tridge.comEconomic timesJan 29, 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.
