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US rice harvest reports show average to above-average crops, with strong hybrid yields and some conventional varieties hurt by weather. Spot prices held steady, with hybrids at about $17.50/cwt and conventional at $18.
Steady spot prices and good yields point to ample domestic supply, with harvest pressure limiting near-term upside for rough rice.
usriceproducers.comIris FigueroaAug 26, 2022Not enough comparable past events yet for a historical read.
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.
