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US rice exports for the 2019/20 marketing year to date are more than 44% above the prior year. Planting problems, a challenging season and lower acreage and output expectations are also cited as supports for prices.
Strong export demand combined with a smaller crop tightens US rice balance sheets and supports price increases.
ricefarming.comVickyDec 1, 2019After 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.
