# UPDATED RICE COMMENTS from Andy Daniels – The Van Trump Report

> A market commentator updates his view on US rice futures, noting November 2020 futures closed near the prior year's level despite lower ending stocks. He expects the July contract to test its early-May high of $18.70 as tight export commitments and thin deliverable supplies squeeze the market before expiry.

- Date: 2020-05-26 · published 2020-05-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53190-updated-rice-comments-from-andy-daniels-the-van-trump-report
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tight US rice ending stocks and thin deliverable supplies support prices into July expiry. The view is one analyst's opinion rather than a new supply event, so the price implication is for upward pressure on US rough rice.

## Read by commodity

- RICE: bullish ▲

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2020-06-02 | 1 | +7.9% | 3.0 | Commentary expecting the July contract to test its early-May high amid tight export commitments and thin deliverable supplies points to an expiry-related squeeze that could drive a sharp one-day rally. |

## Sources

- vantrumpreport.com: https://www.vantrumpreport.com/2020/05/26/updated-rice-comments-from-andy-daniels/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.