USA Rice's World Market Price Subcommittee reviewed USDA's first 2017/18 global supply projections and cut U.S. production estimates sharply. Severe mid-south flooding, especially in Arkansas, the top rice-producing state, has already caused large planting losses.
The University of Arkansas estimates more than 181,000 acres were lost.
Lower U.S. rice area and output reduce exportable supply, which is a bullish signal for U.S. rough and milled rice prices. The next official acreage figure, due June 30, could confirm further losses.
Setelah 179 peristiwa cuaca bullish sebelumnya, Gabah bergerak median +0,4% selama 5 sesi (55% lebih tinggi; separuh tengah -1,4% sampai +2,5%), dan +2,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.