
A benchmark Asian rice price climbed to its highest in almost two years, with Thai 5% broken white rice rising to $499 a ton. Farmers across Asia are harvesting while drier-than-usual weather hits crops in India, the leading exporter, and USDA expects global output to fall for the first time in over a decade.
Rising export quotes amid El Niño-driven supply losses signal bullish rice pricing and a risk of accelerating food inflation in importing countries.
After 179 past bullish weather events, Rough Rice moved a median +0.4% over 5 sessions (55% higher; middle half -1.4% to +2.5%), and +2.2% 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.