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South Louisiana rice farmers are finishing their ratoon, or second, harvest, with good yields that are needed because rice prices are lower. A video report from an LSU AgCenter correspondent covers rutted fields in Acadia Parish.
Good ratoon yields add modest US rice supply at a time of lower prices, a mildly bearish factor for the local crop.
After 27 past bearish weather events, Rough Rice moved a median -1.6% over 5 sessions (37% higher; middle half -3.4% to +1.1%), and -1.3% 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.