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A University of Arkansas report sets baseline projections for global rice markets through 2030. It notes that rice prices spiked in the second quarter of 2020 during the pandemic and have stayed higher than expected despite ample stocks and record 2020 global production.
The report is a forward-looking research outlook rather than a new supply or demand shock, so it has little immediate price effect on rice or feed grains.
ricefarming.comVickyAug 16, 2021After 50 past neutral report events, Rough Rice moved a median -0.0% over 5 sessions (50% higher; middle half -1.9% to +1.5%), and -1.2% 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.
