# 7 factors affecting the rice market

> Firstgrain president Milo Hamilton outlined seven factors affecting rice markets at the Mid-South Farm and Gin Show, including trade polarization, insecure trade routes, world price factors and transport costs. He framed geopolitics and trade blocs as central drivers of rice trade flows.

- Date: 2023-04-03 · published 2023-04-03T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/36492-7-factors-affecting-the-rice-market
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Trade fragmentation and insecure shipping routes can redirect rice flows and raise delivered costs, supporting prices for exporters with secure access.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-03-25 | [The feed factor: Global maize shortage could affect local rice market \| The Business Standard](https://feedsoft.ai/events/42352-the-feed-factor-global-maize-shortage-could-affect-local-rice-market-the.md) | -0.0% | +1.2% |
| RICE | 2026-05-01 | [Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why](https://feedsoft.ai/events/10155-thai-and-vietnamese-farmers-may-stop-planting-rice-because-of-the-iran-war-here.md) | +8.1% | +16.8% |
| RICE | 2018-04-23 | [Egypt's rice farmers see rough times downstream of new Nile mega-dam](https://feedsoft.ai/events/10865-egypt-s-rice-farmers-see-rough-times-downstream-of-new-nile-mega-dam.md) | -1.4% | -5.1% |
| RICE | 2026-04-30 | [From surplus to strain: Iran war and El Nino threaten global rice supply - The Japan Times](https://feedsoft.ai/events/10153-from-surplus-to-strain-iran-war-and-el-nino-threaten-global-rice-supply-the.md) | +12.1% | +22.7% |
| RICE | 2022-03-17 | [Rice Prices Rise in Asia Amid Stockpiling, Conflict - Laotian Times](https://feedsoft.ai/events/11339-rice-prices-rise-in-asia-amid-stockpiling-conflict-laotian-times.md) | +0.8% | -0.7% |

## Sources

- farmprogress.com: https://www.farmprogress.com/rice/7-factors-affecting-the-rice-market

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