Rice fell to 12.81 USD/cwt on May 29, 2026, down 0.91% from the previous day. Over the past month, Rice's price has risen 18.68%, but it is still 5.06% lower than a year ago, 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 29 of 2026.

Rice is expected to trade at 12.88 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 11.98 in 12 months time.



Price Day Month Year Date
Soybeans 1,190.11 -4.39 -0.37% 0.69% 14.24% May/29
Wheat 618.54 -5.46 -0.87% -0.84% 15.83% May/29
Lumber 589.53 1.53 0.26% 3.24% -0.32% May/29
Cheese 1.63 0.0050 0.31% -3.90% -17.49% May/29
Palm Oil 4,535.00 -2.00 -0.04% -0.77% 16.94% May/29
Milk 16.90 -0.02 -0.12% -1.69% -9.24% May/29
Cocoa 3,944.23 -154.77 -3.78% 10.51% -59.60% May/29
Cotton 75.99 -0.780 -1.02% -7.55% 16.76% May/29
Rubber 228.30 6.20 2.79% 5.99% 40.93% May/29
Orange Juice 164.22 -4.43 -2.62% -13.68% -42.39% May/29
Coffee 267.87 -6.38 -2.33% -6.19% -21.66% May/29
Oat 360.82 -10.1835 -2.74% 9.75% -4.73% May/29
Wool 1,934.00 0 0% 2.06% 60.63% May/29
Rice 12.81 -0.1178 -0.91% 18.69% -5.06% May/29
Canola 772.27 4.97 0.65% 1.11% 8.65% May/29
Sugar 14.15 0.22 1.56% -3.17% -17.30% May/29
Corn 449.74 -6.0069 -1.32% -3.23% 1.29% May/29


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
12.81 12.93 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Futures Hover Around 9-Month Highs
Rice futures rose toward $13 per hundredweight, the highest since August 2025, amid ongoing concerns over tightening supply. The USDA’s latest outlook for the 2026/27 global crop points to lower production, record consumption, and tightening stocks. Global milled rice output is projected at 537.9 million tons, down 0.9% from 2025/26, while US rice supplies are estimated at 175.2 million hundredweight, around 15% lower year-on-year. On the demand side, global consumption is forecast to reach a record 541.3 million tons, up 0.7%. As a result, global rice stocks are expected to fall 1.8% to 192.7 million tons at the end of 2026/27. Supply pressures are being amplified by soaring fertilizer and fuel costs linked to the Iran conflict, while an emerging El Niño is expected to bring hotter, drier conditions and further strain key producing regions of Southeast Asia. Still, global rice stocks remain ample after years of strong output, with top exporter India holding a record 42 million tons.
2026-05-20
Rice Hits 40-week High
Rice increased to 12.95 USD/cwt, the highest since August 2025. Over the past 4 weeks, Rice gained 16.69%, and in the last 12 months, it increased 1.4%.
2026-05-19
Rice Futures Near 9-Month High
Rice futures rose more than 1% to $12 per hundredweight in mid-May, reaching its highest level since August 2025, as concerns over a tightening supply outlook supported prices. The USDA projects US rice supplies for the 2026–27 season at 175.2 million hundredweight, down about 15% from the previous year. The agency also raised its forecast for the average farm price to $13.50 per hundredweight, accelerating from $12.10 in the 2025–26 season. Elsewhere, farmers across Asia are reducing rice planting due to soaring fertilizer prices and higher fuel costs, which were exacerbated by the ongoing conflict involving Iran. Moreover, the onset of El Niño is expected to bring hotter and drier conditions to the region in the second half of the year, with signs of strain already emerging across parts of Southeast Asia. Despite these risks, global rice stocks remain ample after years of strong production, with top exporter India holding a record 42 million tons.
2026-05-13