
Japan’s agriculture ministry reported that the production-input price index reached 133.5 in September, based on 2020=100, a record high. The agricultural price index declined as rice prices fell sharply.
Record-high input costs squeeze farm margins, while the sharp fall in rice prices weighs on producer returns. These pressures may affect farmers’ production and purchasing decisions, including demand for feed inputs.
After 87 past bearish report events, Rough Rice moved a median +0.0% over 5 sessions (53% higher; middle half -2.1% to +2.4%), and +1.1% 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.