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CBOT rough rice futures held firm along the 2027 curve, with the November 2026 contract near USD 18.29/cwt and later 2027 positions in the high-16s to 19 range. Asian export benchmarks, including Vietnamese and Indian FOB quotes, remained at elevated levels.
Firm US and Asian rice prices with tight long-grain balance sheets and El Niño weather risk support limited near-term downside for buyers, who may need to cover needs selectively rather than wait for a correction.
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.