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An explainer on CME/CBOT and MGEX rough rice futures covers contract specifications such as milling yield and head rice standards. It also notes that global per capita rice consumption is flat to declining as developing countries diversify diets.
The article is largely educational and gives no new supply or demand shock, so it has little direct price implication for feed buyers.
orientfutures.com.sgof adminJul 27, 2023Not 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.
