# Will 2020 rice markets repeat 2019?

> Analysts expect the U.S. rice market could repeat 2019, when prices fell in spring and then rebounded on shorter-than-expected crops in Brazil, India and the U.S. Brazil, which exported up to 3 million tonnes in recent years, may need to import rice due to smaller crops and a weaker dollar.

- Date: 2020-03-10 · published 2020-03-10T12:00:00.000Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/8698-will-2020-rice-markets-repeat-2019
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Smaller crops and a shift to Brazilian imports reduce exportable rice supplies in the Western Hemisphere, supporting firmer rice prices. The outlook suggests the market could bottom in March and move higher.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2022-10-27 | [Trends - Asia rice markets - Business Recorder](https://feedsoft.ai/events/39208-trends-asia-rice-markets-business-recorder.md) | +7.2% | +12.4% |
| RICE | 2023-06-06 | [Will dry weather and export restrictions make the rice market volatile? \| The Business Standard](https://feedsoft.ai/events/35561-will-dry-weather-and-export-restrictions-make-the-rice-market-volatile-the.md) | +9.6% | +1.9% |
| RICE | 2021-11-19 | [Woe is rice milling for the 2021 season](https://feedsoft.ai/events/44112-woe-is-rice-milling-for-the-2021-season.md) | -2.1% | -5.9% |
| RICE | 2018-03-26 | [Thailand: Rice exports to drop in 2018](https://feedsoft.ai/events/66250-thailand-rice-exports-to-drop-in-2018.md) | -0.4% | +5.7% |
| RICE | 2026-06-30 | [Rice Hits 12-month High](https://feedsoft.ai/events/18866-rice-hits-12-month-high.md) | 0.0% | +3.4% |

## Sources

- farmprogress.com: https://www.farmprogress.com/rice/will-2020-rice-markets-repeat-2019-
- proag.com: https://www.proag.com/news/will-2020-rice-markets-repeat-2019/

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