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A Bloomberg year-end review says rice, vegetable oils and lumber each posted gains of at least 25% in 2019, with rice up 28%. Wet US field conditions and a poor Brazilian rice crop tightened western hemisphere supplies, and oats extended a fourth annual gain partly on demand for oat milk.
Thin supply cushions in niche markets can amplify price moves, and the gains may encourage more planting in 2020, which could cap prices.
farmprogress.comBloombergDec 31, 2019Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
