
Louisiana old-crop rice cash offers held near $23.50 per barrel, about $14.50/cwt, while 2020 crop bids were around $20 per barrel. USDA's Planting Intentions report projected 2.85 million acres of rice, up over 300,000 from 2019.
Long-grain acreage is projected at 2.1 million acres.
Higher planted acreage threatens to pressure prices, but the market has so far held firm, and the 2020 discount to old crop signals expected weakness ahead. Feed buyers should monitor acreage and demand.
在过去 87 次看跌的报告事件之后,稻谷 在 5 个交易日内中位数变动 +0.0%(53% 上涨;中间一半区间为 -2.1% 至 +2.4%),20 个交易日内为 +1.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件;仅描述已发生的情况,不代表未来走势。不构成投资建议。
Planting intentions up over 300,000 acres and new-crop bids well below old-crop cash imply a bearish supply outlook and a steep inverse that pressures nearby prices.