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US rice harvest pressure pushed domestic prices lower in September, with long-grain milled export quotes near $550 per tonne versus about $400 for major Asian exporters. USDA reported Asian pricing largely unchanged and held its world price estimate steady.
Abundant supplies and weak Asian export quotes keep rice prices subdued, limiting upside for rice-based feed ingredients.
world-grain.comChris LyddonOct 22, 2018Not 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.
