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Kennedy Rice, a Louisiana grower, runs a processing facility that converts rough rice into polished white rice and fills orders as received. A growing share of output is packed in 2,000-pound bulk bags using a Flexicon filler.
This is a equipment and operations feature with no new supply, demand or price driver for rice or feed markets.
m.fotoarslan.comMay 6, 2021After 49 past logistics events, Rough Rice moved a median -0.9% over 5 sessions (39% higher; middle half -2.6% to +1.1%), and +2.0% 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.
