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The FAO forecasts world rice output will rise 1.3% to 523.5 million tonnes in 2023-24, driven by higher producer prices and easing fertiliser costs. The FAO All Rice Price Index is up 7.5% since December and at its highest since 2011.
The agency flags El Niño as a key uncertainty for Asian crops.
A larger expected crop eases supply pressure, but record-high price levels and El Niño risks keep rice feed-cost support in place.
information.gov.khJun 15, 2023After 50 past neutral report events, Rough Rice moved a median -0.0% over 5 sessions (50% higher; middle half -1.9% to +1.5%), and -1.2% 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.
