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Grain markets are calm as the year ends, with most grains and oilseeds trading 15-20% below January 2022 levels, according to the AMIS December Market Monitor. The report expects demand to reach record levels in 2023/24 despite a slowing global economy.
Low grain prices and firm demand leave the feed market steady, with lower fuel and fertilizer costs easing farm margin pressure. Little direct price impulse for rice.
world-grain.comArvin DonleyDec 5, 2023After 247 past report events, Rough Rice moved a median +0.0% over 5 sessions (51% higher; middle half -1.8% to +2.3%), and +0.9% 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.
