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US rough rice stocks on August 1, 2024 were 32.433 million hundredweight, up 34% from a year earlier, driven by higher production and larger old-crop ending stocks. Milled rice stocks were 4.844 million hundredweight, up 15% on the year.
Much larger US rice supplies weigh on domestic rough rice prices and reduce the need for imports.
brownfieldagnews.comJohn PerkinsAug 21, 2024After 87 past bearish report events, Rough Rice moved a median +0.0% over 5 sessions (53% higher; middle half -2.1% to +2.4%), and +1.1% over 20.
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.
