Loading…
An analysis of the US rice market forecasts rising US imports through 2060 as domestic demand for aromatic rice grows. The piece also comments on how global rice prices are formed, with Asia accounting for most production and consumption.
Growing US import demand for aromatic rice shifts trade flows, but the piece is a long-term outlook with little near-term price impact.
ricefarming.comKatie GuthrieJan 15, 2023After 70 past neutral trade events, Rough Rice moved a median +0.2% over 5 sessions (51% higher; middle half -1.3% to +1.9%), 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.
