Actual
17.8900
Daily Change
0.13 0.73%
Monthly
5.48%
Yearly
69.49%
Q4 Forecast
18.0602
Rice - Summary

Rice prices eased to around $17.2 per hundredweight amid profit-taking, but remained close to their highest level since June 2024. Concerns over global supply persist, with El Niño-related weather disruptions threatening production across major rice-growing countries in Asia, including India, Thailand, Vietnam and Indonesia. India is particularly exposed, as El Niño contributed to its weakest monsoon in more than a decade. As a result, India's rice production is expected to decline for the first time in a decade and marking its steepest annual drop in nearly 20 years. However, the impact is likely to be cushioned by substantial inventories accumulated from previous record harvests. Thailand is also facing weather-related production risks, as El Niño threatens to bring hotter and drier conditions that could constrain irrigation water supplies and affect crop development. Meanwhile, flooding in parts of the country has disrupted agricultural activity and transportation.

Rice - Stats

Rice rose to 17.89 USD/cwt on November 11, 2026, up 0.73% from the previous day. Over the past month, Rice's price has risen 5.48%, and is up 69.49% 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 November 11 of 2026.

Rice - Forecast

Rice rose to 17.89 USD/cwt on November 11, 2026, up 0.73% from the previous day. Over the past month, Rice's price has risen 5.48%, and is up 69.49% 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 18.06 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 19.32 in 12 months time.



Price Day Month Year Date
Soybeans 1,218.39 -6.11 -0.50% -5.39% 7.47% Nov/11
Wheat 599.00 6.25 1.06% -10.90% 11.75% Nov/11
Lumber 511.00 -0.50 -0.10% -5.28% -10.82% Nov/10
Cheese 1.59 -0.0069 -0.43% 5.58% -8.67% Nov/11
Palm Oil 4,415.00 159.00 3.74% -4.79% 7.03% Nov/11
Milk 17.79 -0.03 -0.17% 18.92% 3.61% Nov/11
Cocoa 4,832.70 -38.30 -0.79% -14.86% -14.09% Nov/11
Cotton 78.76 0.070 0.09% -2.28% 24.42% Nov/11
Rubber 240.30 2.50 1.05% -9.25% 41.27% Nov/11
Orange Juice 146.75 0.70 0.48% -3.07% -16.90% Nov/10
Coffee 268.25 -3.15 -1.16% -7.69% -33.54% Nov/11
Oat 350.77 5.7687 1.67% -14.50% 14.54% Nov/11
Wool 1,698.00 0 0% -6.70% 16.62% Nov/11
Rice 17.89 0.1300 0.73% 5.48% 69.49% Nov/11
Canola 769.64 -0.76 -0.10% -5.80% 18.88% Nov/11
Sugar 18.12 0.03 0.15% -13.11% 24.77% Nov/11
Corn 446.58 -2.4247 -0.54% -7.54% 2.60% Nov/11


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
17.89 17.76 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Futures Hover Around 2024-Highs
Rice prices eased to around $17.2 per hundredweight amid profit-taking, but remained close to their highest level since June 2024. Concerns over global supply persist, with El Niño-related weather disruptions threatening production across major rice-growing countries in Asia, including India, Thailand, Vietnam and Indonesia. India is particularly exposed, as El Niño contributed to its weakest monsoon in more than a decade. As a result, India's rice production is expected to decline for the first time in a decade and marking its steepest annual drop in nearly 20 years. However, the impact is likely to be cushioned by substantial inventories accumulated from previous record harvests. Thailand is also facing weather-related production risks, as El Niño threatens to bring hotter and drier conditions that could constrain irrigation water supplies and affect crop development. Meanwhile, flooding in parts of the country has disrupted agricultural activity and transportation.
2026-11-10
Rice Hits 10-week Low
Rice decreased to 14.75 USD/cwt, the lowest since August 2026. Over the past 4 weeks, Rice gained 4.72%, and in the last 12 months, it increased 67.47%.
2026-11-10
Rice Futures at Near 2-1/2-Year High
Rice prices have extended their rally, climbing above $17.9 per hundredweight to their highest level since June 2024. Upward momentum has gathered pace in recent months, with prices soaring more than 85% since the start of the year, reflecting growing concerns over tightening supply across major Asian exporting countries. In India, rice production is projected to decline by 7 million tonnes to 147 million tonnes in the 2026/27 marketing year following a weak monsoon. Still, increased new-season arrivals are improving domestic availability and providing some near-term relief to the market. Meanwhile, flooding in Thailand has disrupted rice transportation and raised concerns over planting delays and potential crop losses. More broadly, the developing El Niño phenomenon is adding uncertainty to production prospects across Asia, with potentially erratic rainfall, prolonged dry spells and reduced water availability threatening crop development and yields.
2026-11-06