Loading…
The USDA Commodity Credit Corporation published weekly world market prices for milled and rough rice. Rough prices fell by $0.09 per cwt for long grain and $0.10 per cwt for medium/short grain from the prior announcement.
Lower USDA-adjusted rough rice reference prices signal softer US rice values and marginally weaker rice feed-substitute pricing.
brecorder.comReutersMar 17, 2021After 87 past bearish report events, Rough Rice moved a median +0.0% over 5 sessions (53% higher; middle half -2.1% to +2.4%), and +1.1% 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.
