
Rice prices in Pyongyang's markets fell 2.7% to 50,300 North Korean won per kg on November 8 from 51,700 won two weeks earlier, with similar declines in Sinuiju and Hyesan. Corn prices also fell, with Pyongyang down 6% and Sinuiju down 7.8%, while the won weakened against the dollar and yuan.
Domestic North Korean grain price moves have little direct effect on global feed grain prices, though a weak harvest outlook could keep North Korean import demand alive.
Not enough comparable past events yet for a historical read.
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.