Loading…
The IGC reported that rice export prices firmed across most Asian origins in April, reaching their highest levels in four years. Strong buying from Indonesia's Bulog and the Philippines NFA supported the gains, while Indian values weakened.
Robust import demand and four-year high prices support rice values globally. The effect on feed markets is small because rice is rarely used as animal feed at scale.
world-grain.comChris LyddonJun 12, 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.
