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Louisiana rough rice stocks in all positions totaled 2.90 million cwt on August 1, 2019, according to the August On Farm and Off Farm Rice Stocks surveys. That is up 59 percent from August 1, 2018.
A sharp year-on-year rise in US rice stocks signals ample domestic supply, which tends to weigh on rough rice prices.
lafarmbureaunews.comAvery DavidsonAug 26, 2019After 87 past bearish report events, Rough Rice moved a median +0.0% over 5 sessions (53% higher; middle half -2.1% to +2.4%), and +1.1% 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.
