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Rice prices are expected to remain elevated through the current quarter and into early 2027 as El Niño threatens production in South and Southeast Asia. BMI raised its 2026 average forecast for CBOT second-month rice futures to $14 per hundredweight from $12.90, citing stronger-than-expected third-quarter gains, while warning that futures have moved ahead of spot export indicators and could correct if crops fare better than feared.
El Niño-related dryness could tighten Asian rice supplies and sustain price pressure, although a favorable monsoon or expected U.S. harvest progress could trigger a futures pullback. The article concerns rice rather than a listed feed grain, so no feed-commodity price direction is assigned.
adalytica.comNov 7, 2026After 2,467 past weather events, Corn moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 1,964 past weather events, Soybeans moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% over 20.
After 1,773 past weather events, Wheat (SRW) moved a median +0.1% over 5 sessions (52% higher; middle half -1.5% to +2.1%), and +0.2% over 20.
After 361 past weather events, Palm Oil moved a median +0.0% over 5 sessions (51% higher; middle half -1.3% to +1.3%), and -0.2% 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.
