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Japanese rice spot prices continued to climb, with major brands on inter-dealer spot trades on November 4 mostly up 500 yen from the previous week. The Rice Data Bank said there were no visible factors pointing to lower prices in the near term.
Rising Japanese domestic rice spot prices reflect tight local supply, but Japan's rice market has limited direct impact on global feed-grain prices or feed-buyer costs.
Not 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.