CBOT rough rice futures have eased modestly from recent highs, with the November 2026 contract settling at $17.76 per cwt on November 9 and the futures curve showing slight backwardation. Asian export offers from Vietnam and India remained firm, supported by import demand and policy controls, while traders weighed improved new-crop availability against potential weather-related yield losses.
Firm Asian FOB offers and tight nearby US supplies support rice prices, while the futures pullback and prospects for improved new-crop availability limit further gains. El Niño-related rainfall risks could tighten supply later in the 2026/27 season and sustain volatility.
Not enough comparable past events yet for a historical read.
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.