Dennis DeLaughter

Market Analyst|Vantage RM LLC

2024 Abstract - RICE MARKET OUTLOOK - THE SWINGS IN SUPPLY AND DEMAND: The issue most concerning for the rice market is not world supply but world supply availability. This past 6-months we have seen India put a scare into the Asian market that hasn’t been seen since the Thailand drought of 1987. This situation has put end users on notice that while there is no shortage of rice, there can be a shortage of available rice to cover their needs. We will cover this swing in supply along with the swing of demand we head for the 2024 crop year. Then there are the questions surrounding recession and how high operating interest rates will go before the FED tames inflation? We will cover these issues and more in the swings of supply and demand for rice in 2024.