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Arkansas rice harvest is nearing completion, with growers benefiting from 2019 price rallies. Nationwide August rough rice stocks rose to 38.6 million hundredweight from 23.9 million a year earlier.
The story repeats the Arkansas stocks and price trend already covered; higher stocks are mildly bearish for rough rice supply pricing. The impact on feed markets is limited.
proag.comOct 3, 2019Not 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.
