Loading…
Brazilian rough rice traded at BRL 90.84 per 50 kg bag on January 3, up 45% from a year earlier. Cepea expects Brazil's lowest rice crop in 21 years due to dry weather in the south and reduced planting area.
A projected small Brazilian crop tightens regional supply and supports rice prices, while importers may need to source more abroad.
williams.com.brDjurdjica dos SantosJan 11, 2023After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% 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.
