Loading…
Asia's rice output is expected to rise this year as higher prices encourage farmers to expand acreage and use more fertilizer. Off-season crops in India and Thailand exceeded last year's levels, though El Niño poses a risk to future yields.
Expanding production and recovering stocks point to easing rice prices over the coming months, which would reduce pressure on rice-based feed alternatives.
rappler.comReutersMay 9, 2023After 27 past bearish weather events, Rough Rice moved a median -1.6% over 5 sessions (37% higher; middle half -3.4% to +1.1%), and -1.3% 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.
