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Louisiana rough rice stocks in all positions totaled 9.50 million cwt on March 1, 2019, up 54% from a year earlier. Farm-held stocks rose 164% to 2.90 million cwt and off-farm stocks rose 30% to 6.60 million cwt.
Sharply higher US rice stocks signal ample domestic supply, which is bearish for rough rice prices and feed rice availability.
After 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.