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The European Commission raised the import duty on non-basmati husked (brown) rice to €65 per tonne, effective March 8, after imports exceeded the threshold. The duty stays fixed until the next review on September 1, 2019.
Higher EU duties reduce import demand for brown rice, which may leave more supply in exporting countries and pressure global rice prices lower. The impact on feed markets is small.
world-grain.comHolly Demaree-SaddlerMar 8, 2019After 100 past bearish policy events, Rough Rice moved a median -0.1% over 5 sessions (49% higher; middle half -1.7% to +1.6%), and +0.1% 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.
