# Global market forecasts positive for SunRice - Research As A Service - Listcorp.

> SunRice's parent Ricegrowers commentary cites the USDA April Rice Crop Outlook showing a second straight year of global rice demand exceeding supply, with ending stocks lowest since 2017/18. Prices remain at record highs for US medium grain and are rising in Thailand and Vietnam, and US planting intentions for 2023/24 are up 16%.

- Date: 2023-04-25 · published 2023-04-25T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/36489-global-market-forecasts-positive-for-sunrice-research-as-a-service-listcorp
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tight global rice stocks and record prices support rice values and reflect firm feed-adjacent byproduct costs, while rising US plantings could ease supply later in the year.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-03-15 | [Tight stocks, positive market set the tone for this season - Rice Farming](https://feedsoft.ai/events/7549-tight-stocks-positive-market-set-the-tone-for-this-season-rice-farming.md) | +1.3% | +9.2% |
| RICE | 2025-04-30 | [Growing Demand for Broken Rice for Feed and Food: The Implications for Global Trade \| Economic Research Service](https://feedsoft.ai/events/25195-growing-demand-for-broken-rice-for-feed-and-food-the-implications-for-global.md) | +1.0% | +8.2% |
| RICE | 2019-01-15 | [Assuming stable U.S. rice acres for 2019, look for a repeat of the 2018-19 market - Rice Farming](https://feedsoft.ai/events/61164-assuming-stable-u-s-rice-acres-for-2019-look-for-a-repeat-of-the-2018-19-market.md) | +2.1% | -1.7% |
| RICE | 2018-01-17 | [Rice Outlook: January 2018 \| Economic Research Service](https://feedsoft.ai/events/10603-rice-outlook-january-2018-economic-research-service.md) | +0.5% | +1.2% |
| RICE | 2024-03-13 | [India: India Grain and Feed - Quarterly Update - March 2024 \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/31142-india-india-grain-and-feed-quarterly-update-march-2024-usda-foreign.md) | +1.3% | -2.0% |

## Sources

- listcorp.com: https://www.listcorp.com/publisher/raas/global-market-forecasts-positive-for-sunrice-2865041.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.