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University of Arkansas outlook says new-crop rice prices in January were the highest since 2014, with September 2022 futures at $14 to $14.50 per cwt. U.S. long-grain ending stocks are projected to fall 28% to 21.4 million cwt.
Tighter U.S. long-grain stocks and strong new-crop prices support rice values and may keep Mid-South acreage stable versus soybeans, shaping future rice supply.
ricefarming.comKatie GuthrieFeb 15, 2022After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% 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.
