Rice futures traded slightly above $13 per hundredweight, hoding close to their highest since June 2025, amid climate risks and fresh geopolitical tensions. Analysts expect a very strong El Niño to develop in the coming months across key producing regions in Southeast Asia and parts of the Southern Hemisphere, with rice viewed as the most vulnerable crop. Still, global rice stocks remain abundant after successive strong harvests, led by top grower India. World milled rice inventories reached a record 196.2 million tonnes at the start of 2026, with India's stocks climbing to an all-time high of 68.4 million tonnes in June. Indonesia, a major rice importer, is holding record stockpiles as farmers speed up planting to mitigate El Niño risks. In Thailand, inventories are at their highest level in a decade, with fresh second-crop arrivals expected from late July. Meanwhile, renewed Middle East tensions have raised the risk of disruptions to commodity shipments through the Strait of Hormuz.

Rice fell to 13.18 USD/cwt on July 8, 2026, down 0.26% from the previous day. Over the past month, Rice's price has risen 6.38%, and is up 0.27% compared to the same time last year, 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 July 8 of 2026.

Rice fell to 13.18 USD/cwt on July 8, 2026, down 0.26% from the previous day. Over the past month, Rice's price has risen 6.38%, and is up 0.27% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice is expected to trade at 13.46 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 14.30 in 12 months time.



Price Day Month Year Date
Soybeans 1,196.25 -0.50 -0.04% 7.41% 18.56% Jul/08
Wheat 602.00 -7.25 -1.19% 2.86% 10.05% Jul/08
Lumber 629.00 4.50 0.72% 1.78% 2.49% Jul/08
Cheese 1.58 -0.0231 -1.44% -2.17% -10.12% Jul/08
Palm Oil 4,609.00 62.00 1.36% 1.79% 10.82% Jul/08
Milk 15.54 -0.06 -0.38% -3.30% -10.28% Jul/08
Cocoa 6,039.00 280.00 4.86% 54.45% -27.90% Jul/08
Cotton 80.58 -0.710 -0.87% 7.01% 21.62% Jul/08
Rubber 216.80 2.90 1.36% -3.69% 33.33% Jul/08
Orange Juice 153.15 -3.60 -2.30% -10.10% -38.46% Jul/08
Coffee 313.60 -4.00 -1.26% 30.18% 9.71% Jul/08
Oat 294.95 0.9519 0.32% -5.99% -21.03% Jul/08
Wool 1,904.00 0 0% -3.06% 57.62% Jul/08
Rice 13.18 -0.0350 -0.26% 6.38% 0.27% Jul/08
Canola 782.30 21.70 2.85% 1.89% 16.67% Jul/08
Sugar 15.12 -0.02 -0.13% 7.39% -8.70% Jul/08
Corn 435.00 -7.5000 -1.69% 3.69% 8.95% Jul/08


Rice
Rough Rice futures so-called US. No. 2 are traded in the Chicago Board of Trade (CBOT). The standard contract unit is 2,000 hundredweights (CWT) an equivalent of 91 Metric Tons. The biggest exporter of rice is India accounting for around 40% followed by Vietnam, Thailand, Pakistan, and the United States. The biggest consumer of rice is China, followed by India, Indonesia, Bangladesh, and Vietnam. The rice market prices displayed in Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments. Our rice market prices are intended to provide you with a reference only, rather than as a basis for making trading decisions. The data is supplied by a third party and, while efforts are made to ensure its accuracy, Trading Economics does not verify the data and makes no representations or warranties regarding its accuracy..
Actual Previous Highest Lowest Dates Unit Frequency
13.18 13.22 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Futures Stay Near 1-Year High
Rice futures traded slightly above $13 per hundredweight, hoding close to their highest since June 2025, amid climate risks and fresh geopolitical tensions. Analysts expect a very strong El Niño to develop in the coming months across key producing regions in Southeast Asia and parts of the Southern Hemisphere, with rice viewed as the most vulnerable crop. Still, global rice stocks remain abundant after successive strong harvests, led by top grower India. World milled rice inventories reached a record 196.2 million tonnes at the start of 2026, with India's stocks climbing to an all-time high of 68.4 million tonnes in June. Indonesia, a major rice importer, is holding record stockpiles as farmers speed up planting to mitigate El Niño risks. In Thailand, inventories are at their highest level in a decade, with fresh second-crop arrivals expected from late July. Meanwhile, renewed Middle East tensions have raised the risk of disruptions to commodity shipments through the Strait of Hormuz.
2026-07-08
Rice Futures at 2-Week Lows
Rice futures traded around $12.7 per hundredweight, their lowest in two-weeks, as supply fundamentals remained favorable despite weather-related risks. While El Niño could disrupt upcoming harvests, elevated inventories and expectations of near-normal conditions in key producing regions are expected to cushion the impact. Global rice stocks remain abundant after successive strong harvests, led by India. World milled rice inventories reached a record 196.2 million tons at the start of 2026, while India's stocks climbed to an all-time high of 68.4 million tons in June. The USDA expects India to export a record 25 million tonnes this year, with year-end stocks also projected to remain elevated. Indonesia, a key rice importer, is also holding record stockpiles as farmers accelerate planting to reduce El Niño risks. Meanwhile, stock levels in Thailand are at their highest in a decade, with fresh second-crop arrivals expected from late July.
2026-07-06
Rice Hits 12-month High
Rice increased to 13.34 USD/cwt, the highest since June 2025. Over the past 4 weeks, Rice gained 6.47%, and in the last 12 months, it increased 5.13%.
2026-06-30