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The FAO’s November 6 crop outlook estimated global cereal production in 2026 at 2,999.5 million tons, 1.7% below the 2025 record, while milled rice output was forecast down 2.5% to about 552 million tons. In Southeast Asia, paddy production was forecast lower in Thailand, Vietnam, and the Philippines, among other countries, amid unfavorable weather and weak returns; the report also warned that El Niño could reduce rainfall through February 2027.
Lower rice production forecasts in key Asian producers could tighten exportable supplies and support rice prices. The overall cereal crop remains historically large, tempering the broader grain-supply implication.
chelate.com.vnNov 9, 2026After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% over 20.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
