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USDA's Economic Research Service released its February 2023 Rice Outlook, containing the latest U.S. and global rice supply, use, and price estimates from the February WASDE. The report includes a PDF and monthly tables.
The WASDE-based rice balance sheet sets the reference for US and global rice supply and demand expectations; the release itself carries little new price information beyond the WASDE figures.
ers.usda.govFeb 10, 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.
