Rice & Wheat

Rice: Rice>>> prices have climbed in Southeast Asia>>> due to production cost increases and fears of tighter supplies, with El Niño–Southern Oscillation>>> threatening further disruptions to planting and harvests.

Wheat: Wheat>>> prices have already risen due to drought fears in US growing regions, and El Niño–Southern Oscillation>>> is expected to exacerbate dry conditions in other key areas.

Rice: Rice farmers are among those who will receive aid under the new Farmer Bridge Assistance program, having also been affected by low crop prices.

Wheat: Wheat farmers are among those who will receive aid under the new Farmer Bridge Assistance program, having also been affected by low crop prices.

Rice: Rice prices dropped by 3.0% due to harvest timing and weaker import demand, contrasting with other rising food commodities.

Wheat: International Wheat prices increased by 4.3% due to worsening crop prospects in the United States and lower planting expectations in Australia, influenced by higher fertilizer costs.