Rice Futures Rebound with Strong Technical Upside
U.S. rice futures showed a firm recovery heading into the final week of May. After recent declines, prices bounced on technical buying and seasonal expectations for stronger demand.
📈 Price Overview – as of May 27, 2025 (converted to EUR)
Contract | Price (US ct/cwt) | Daily Change | Approx. EUR/t |
---|---|---|---|
Jul ’25 | 13.17 | ▲ +0.26 ct | ~€270.75 |
Sep ’25 | 13.38 | ▲ +0.04 ct | ~€274.85 |
Nov ’25 | 13.47 | ▲ +0.21 ct | ~€276.65 |
💱 Exchange rate basis: ~1 USD = 0.92 EUR
📊 Market Situation & Influences
- 📈 Technical rebound: Prices recovered nearly 2% for July delivery after touching a short-term low last week.
- 🛒 Seasonal demand: End-of-quarter procurement and potential government stockpiling are adding support.
- 🌾 Crop progress: U.S. rice planting is nearly complete, with reports of good emergence in key regions like Arkansas and Louisiana.
- 💵 Currency impact: A weaker USD against the euro supports the competitiveness of U.S. rice exports.
🧮 Market Sentiment
The outlook for global rice supply remains stable, but potential El Niño effects in Asia are keeping traders alert. U.S. rice could benefit if Asian crop stress materialises, making current levels potentially attractive for longer-term buyers.
🔮 3-Day Price Forecast
Market | Trend | Outlook |
---|---|---|
CBOT | 🔺 Bullish | Prices may climb modestly further |