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FAO's GIEWS brief forecasts Côte d'Ivoire's 2022 aggregate cereal output at an average 3.1 million tonnes, with maize about 10% above average. Rice production is seen at 1.7 million tonnes, 7% below average, and rice imports were above average in 2021/22.
Below-average domestic rice output sustains West African import demand, supporting global rice trade, while stronger maize output slightly reduces import needs for feed corn.
reliefweb.intNov 2, 2022After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% 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.
