Paddy Rice is the most widely covered spread for an AG Product.
1000+ Cultivars are in Trade within the ZR Instrument.
Global rice production is heavily concentrated between China and India
@ 52.7% annual global output, with the top 5 producers @ 70% of global supply.
____________________________________________________________________
+4 Billion people are dependent on Rice Production and Consumption.
Why RR has underperformed.
Can't have the Peeps revolting.
1000+ Cultivars are in Trade within the ZR Instrument.
Global rice production is heavily concentrated between China and India
@ 52.7% annual global output, with the top 5 producers @ 70% of global supply.
____________________________________________________________________
+4 Billion people are dependent on Rice Production and Consumption.
Why RR has underperformed.
Can't have the Peeps revolting.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.