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Firstgrain CEO Milo Hamilton outlines five issues for the 2024 rice market, including a bearish California medium-grain outlook and stronger-than-reported US exports. He cites Asian supply, weather, policy and planting intentions as key factors.
Stronger US exports tighten long-grain supplies, but a bearish California medium-grain outlook weighs on that segment, leaving the US rice price direction mixed.
farmprogress.comRon SmithFeb 28, 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.
