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ReliefWeb republishes the GEOGLAM Crop Monitor for Early Warning No. 89 from December 7, 2023, covering crop conditions across Africa, Asia and other regions. It flags flooding in East Africa, El Nino-induced dryness in southern Africa and drought in Thailand's rice areas.
The mixed regional conditions point to modest upside risk for rice, with limited direct effect on global grain prices.
reliefweb.intDec 7, 2023After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% 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.
