Loading…
World rice export prices have softened in recent weeks as harvests progress in major exporters, with Thai 100% Grade B quoted at $590/tonne, the lowest since mid-November. Vietnamese and South American quotes also declined, while US prices held stable.
Harvest pressure and a weaker Thai baht push Asian export quotes lower, though India's export curbs limit downside. Feed buyers may find cheaper rice-based feed ingredients, while US rice holds firm.
world-grain.comChris LyddonApr 19, 2024Not 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.
