Rice futures were priced below $13 per hundredweight, holding close to their lowest level since late 2020, amid strengthening expectations of ample global supply. The U.S. Department of Agriculture's May WASDE report anticipates larger global supplies for the 2025/26 period, along with decreased trade, higher consumption, and stable ending stocks relative to the previous year. Total production is forecast to reach a record high of 538.7 million tons, led by increases in India, Bangladesh, and China. India's output is expected to set a tenth straight annual record, although a smaller harvested area may limit overall growth. Meanwhile, global consumption is projected at a record of 538.8 million tons, mostly on higher use by India, Bangladesh, the Philippines, and Nigeria. Consumption in China is projected nearly unchanged, as more competitive coarse grain prices keep rice feed use restrained, with production and consumption gains projected in many of the same countries.
Rice decreased 1.27 USD/CWT or 9.02% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Rice reached an all time high of 24.46 in April of 2008. Rice - data, forecasts, historical chart - was last updated on May 17 of 2025.
Rice decreased 1.27 USD/CWT or 9.02% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice is expected to trade at 12.11 USD/CWT by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 11.46 in 12 months time.