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China accepted its first commercial container of US medium grain Calrose rice from California, sold by ADM Rice to a private importer. Chinese buyers had reportedly slowed purchases ahead of the US presidential election.
The shipment is a small step toward Phase One purchase commitments and modestly supports US rough rice demand, though volumes are minimal.
foodinstitute.comChris CampbellNov 3, 2020After 189 past bullish trade events, Rough Rice moved a median +0.2% over 5 sessions (52% higher; middle half -1.7% to +2.4%), and +1.0% 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.
