# Global Rice Supplies Steady but Faces Exposure to Potential Dry Weather Risks - We Know Rice

> LDC executives said global rice supplies have stabilized after the 2023 surge tied to India's export ban. They warned that El Niño-driven dry weather poses a risk to irrigated crops in key producing countries.

- Date: 2024-05-07 · published 2024-05-07T12:00:00.000Z
- Category: weather · region Asia · magnitude low
- Page: https://feedsoft.ai/events/30328-global-rice-supplies-steady-but-faces-exposure-to-potential-dry-weather-risks
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Stabilized supply lowers near-term price pressure, but El Niño dryness could tighten Asian output later in the year. Buyers should watch reservoir levels in producing nations.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-12-14 | [YEAREND: Arkansas rice, soybean faced tough weather challenges in 2018](https://feedsoft.ai/events/61435-yearend-arkansas-rice-soybean-faced-tough-weather-challenges-in-2018.md) | +0.7% | -0.2% |
| RICE | 2024-07-01 | [El Niño and La Niña: Impact on Global Agriculture and What to Expect Next](https://feedsoft.ai/events/29665-el-nino-and-la-nina-impact-on-global-agriculture-and-what-to-expect-next.md) | +0.6% | -10.3% |
| RICE | 2018-04-24 | [Horizon Ag: Warmer, Drier Weather Should Give Planting, Crops a Lift — Louisiana Farm Bureau News](https://feedsoft.ai/events/10867-horizon-ag-warmer-drier-weather-should-give-planting-crops-a-lift-louisiana.md) | -2.1% | -6.4% |
| RICE | 2018-04-05 | [Weather phenomena like El Nino affect up to two-thirds of world's harvests - Grain Central](https://feedsoft.ai/events/65445-weather-phenomena-like-el-nino-affect-up-to-two-thirds-of-world-s-harvests.md) | +3.1% | +2.7% |
| RICE | 2022-06-02 | [Good monsoon outlook in India tempers fears of rice export curbs \| Today News](https://feedsoft.ai/events/40904-good-monsoon-outlook-in-india-tempers-fears-of-rice-export-curbs-today-news.md) | -1.3% | -4.1% |

## Sources

- weknowrice.com: https://www.weknowrice.com/global-rice-supplies-steady-but-faces-exposure-to-potential-dry-weather-risks/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.