⛏Rough Rice Futures
RICE
± MixedSupplyrelevance
Expected increase in table rice production across 20 prefectures, but concerns about price crash and policy confusion create mixed outlook for rough rice futures.
Impact on assets 1
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It has emerged that table rice production is expected to increase in 20 prefectures. In the comments section of Yahoo! News, concerns have been raised that soaring rice prices are directly impacting people's lives, along with the risk of a price crash due to insufficient support when switching back to table rice after converting to feed rice. There were also opinions expressing confusion over agricultural policies that change direction in a short period.
Expected increase in table rice production across 20 prefectures, but concerns about price crash and policy confusion create mixed outlook for rough rice futures.