India’s Rise as the Global Rice Leader: Asian OpportunitiesIndia has solidified its position as a global agricultural powerhouse, overtaking China to become the world’s leading rice producer in the 2024/25 season. India’s rice production has reached a record 147 million tons, marking its ninth consecutive year of growth. This milestone, coupled with record-
Rice Market: Rising Stocks and Growing ImportsIncreased Rice Stocks in the U.S.
The latest reports indicates a rise in U.S. rice stocks due to lower-than-expected exports and steady domestic production. Ending stocks for the 2024/25 season have been revised upward to 40.2 million hundredweight (cwt), reflecting a 2.5 million cwt increase from
Rice Production: Record-High U.S. Stocks and India’s Export SurgU.S. Rice Market Developments
U.S. rice production is forecast at 222.1 million cwt, reflecting stable output despite shifting market conditions. However, exports have been revised downward by 4.0 million cwt to 96.0 million cwt, primarily due to a decline in long-grain rice shipments. As a result
Can Rice Solve Global Challenges?Rice, a staple that feeds half the world's population, is navigating through an era marked by market turbulence, international rivalries, and groundbreaking innovation. In Japan, an unprecedented governmental intervention has been enacted to stabilize soaring rice prices, showcasing the delicate bal
Rice Production Record: Impact of Higher Yields in the U.S.United States Department of Agriculture (USDA) has also highlighted a significant development in rice production. The U.S. achieved record-high yields for rice, with substantial implications for both domestic and global markets. Lets take a closer look at these record-breaking yields, their impact o
Rice Futures
Short-Term Trend: The price seems to be in a short-term downtrend, as the overall movement from mid-July to September is trending downward.
Support: Around $14.15 is the most recent significant low (from mid-September), which could serve as a support level. Another potential support is near $13.5
USD Weakness and its OpportunitiesThe USD may be weaker, but it does mean that its bad.
Because a softer USD, some assets are starting to trend higher.
We will do a comparison between the USD and some of these assets or commodities, to see how reactive they are when the USD has trended lower in the recent months.
Soybean Oil Fu
Favorite idea for 6mo term: Long Rice, Short SoybeanCan be taken on CME, basically exactly 2 ZR contracts long per 1 contract ZS short. I am very convicted of this one.
Peep the CoT
I'm not a CoT trader, but last time Comms were short this qty, we roof-pulled on Rice. Crazy illiquid contract/asset so that's going to happen. Big believer that agr
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Displays a symbol's price movements over previous years to identify recurring trends.