# Rice Futures Hit 22-Month High As Uncle Ben Says ‘I Told You So’ – Heisenberg Report

> Rough rice November futures rose to $12.88 per cwt intraday, the contract's highest since its debut, and traded near levels last seen in October 2015. Traders cited heavy rain from Hurricane Harvey hurting remaining Texas rice and the storm tracking through Delta rice country.

- Date: 2017-08-28 · published 2017-08-28T12:00:00.000Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/69526-rice-futures-hit-22-month-high-as-uncle-ben-says-i-told-you-so-heisenberg-report
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Harvey-related crop damage in Texas and Delta rice areas threatens U.S. rice supplies, supporting prices for rough rice used in feed and milling.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2026-05-05 | [Rice Futures at Over 8-Month High](https://feedsoft.ai/events/10151-rice-futures-at-over-8-month-high.md) | +4.6% | +11.3% |
| RICE | 2026-06-30 | [Rice Hits 12-month High](https://feedsoft.ai/events/18866-rice-hits-12-month-high.md) | 0.0% | +3.4% |
| RICE | 2024-05-21 | [Thai rice prices hit 2-month high on demand surge from Brazil, Mexico](https://feedsoft.ai/events/30327-thai-rice-prices-hit-2-month-high-on-demand-surge-from-brazil-mexico.md) | -4.0% | -3.7% |
| RICE | 2023-07-11 | [Rice Soars to Two-Year High in Asia on El Niño Drought Risks - Bloomberg](https://feedsoft.ai/events/5208-rice-soars-to-two-year-high-in-asia-on-el-nino-drought-risks-bloomberg.md) | -19.6% | -16.6% |
| RICE | 2025-12-02 | [Thai Rice Prices hit near 4-month high; India prices ease on weak demand, soft rupee \| IREF](https://feedsoft.ai/events/12732-thai-rice-prices-hit-near-4-month-high-india-prices-ease-on-weak-demand-soft.md) | -0.3% | -6.8% |

## Sources

- heisenbergreport.com: https://heisenbergreport.com/2017/08/28/rice-futures-hit-22-month-high-as-uncle-ben-says-i-told-you-so/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.