# Analyst insight: Rice, the forgotten commodity supporting wheat prices | AHDB

> AHDB analysis argues that rice markets can support wheat prices because the two are substitutes. It notes that global rice stocks are still forecast to grow, but excluding China, stocks-to-use is about 18% tighter. Coronavirus labour and logistics disruptions in India, Thailand and Vietnam are expected to affect rice trade.

- Date: 2020-04-09 · published 2020-04-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/53703-analyst-insight-rice-the-forgotten-commodity-supporting-wheat-prices-ahdb
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tighter rice availability outside China can lend price support to wheat through substitution. Labour and logistics disruptions in major exporters add upside risk.

## Read by commodity

- RICE: bullish ▲
- WHEAT: bullish ▲

## Sources

- ahdb.org.uk: https://ahdb.org.uk/news/analyst-insight-rice-the-forgotten-commodity-supporting-wheat-prices

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