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A grain market review cites USDA data showing US rice quotes rose to $705 per tonne in July amid tight supplies, while Thai and Vietnamese quotes fell. The FAO reported that global rice prices rose 1.4% in June, the sixth monthly increase in a row.
Mixed origin price trends and a firm FAO index suggest a supportive but uneven global rice market for feed and food buyers.
farmingportal.co.zaAug 1, 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.
