Rice futures traded below $12 per hundredweight, near the lowest since May 8, amid signs of ample global supply. The June USDA WASDE report indicated that global 2026/27 production was unchanged at 537.8 million tons compared to May, while 2025/26 output was raised by 1.9 million to 544.7 million, driven mainly by India. Latest data showed India’s rice stocks held in government warehouses surged to a record high of 68.43 million metric tonnes as of June 1, up 15% year-on-year and more than five times the official buffer requirement of 13.5 million tonnes for July 1. The country’s rice output reached a record 154.02 million tonnes in the 2025-26 agricultural year, up from 150.18 million tonnes in the prior period. Strong rice stocks are seen supporting India, which contributes about 40% of global rice exports, allowing it to maintain robust export flows despite El Niño-driven weather risks and potential rainfall disruptions. On the demand side, 2026/27 consumption was slightly reduced.

Rice rose to 12.23 USD/cwt on June 18, 2026, up 2.50% from the previous day. Over the past month, Rice's price has fallen 5.72%, and is down 9.62% 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 June 18 of 2026.

Rice rose to 12.23 USD/cwt on June 18, 2026, up 2.50% from the previous day. Over the past month, Rice's price has fallen 5.72%, and is down 9.62% 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 12.00 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 11.11 in 12 months time.



Price Day Month Year Date
Soybeans 1,123.97 -8.03 -0.71% -7.07% 4.77% Jun/18
Wheat 602.52 -10.23 -1.67% -9.70% 5.15% Jun/18
Lumber 631.52 1.02 0.16% 6.14% 2.52% Jun/18
Cheese 1.59 0.0034 0.21% -2.31% -17.28% Jun/18
Palm Oil 4,573.00 -1.00 -0.02% -0.26% 11.48% Jun/18
Milk 16.04 0.05 0.31% -5.31% -14.09% Jun/18
Cocoa 4,218.71 -18.29 -0.43% 7.98% -56.13% Jun/18
Cotton 79.66 -0.134 -0.17% -3.25% 23.26% Jun/18
Rubber 228.20 -3.40 -1.47% 2.47% 39.32% Jun/18
Orange Juice 153.98 5.13 3.45% -0.11% -33.97% Jun/18
Coffee 266.71 -5.19 -1.91% -1.27% -15.98% Jun/18
Oat 313.01 6.5061 2.12% -17.74% -13.59% Jun/18
Wool 1,979.00 0 0% 5.49% 63.96% Jun/18
Rice 12.25 0.3233 2.71% -5.53% -9.44% Jun/18
Canola 734.49 -11.61 -1.56% -3.06% -1.58% Jun/18
Sugar 14.16 -0.21 -1.48% -5.68% -11.03% Jun/18
Corn 416.63 -4.3704 -1.04% -12.33% -3.84% Jun/18


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
12.23 11.93 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Futures at Over 1-Month Low
Rice futures traded below $12 per hundredweight, near the lowest since May 8, amid signs of ample global supply. The June USDA WASDE report indicated that global 2026/27 production was unchanged at 537.8 million tons compared to May, while 2025/26 output was raised by 1.9 million to 544.7 million, driven mainly by India. Latest data showed India’s rice stocks held in government warehouses surged to a record high of 68.43 million metric tonnes as of June 1, up 15% year-on-year and more than five times the official buffer requirement of 13.5 million tonnes for July 1. The country’s rice output reached a record 154.02 million tonnes in the 2025-26 agricultural year, up from 150.18 million tonnes in the prior period. Strong rice stocks are seen supporting India, which contributes about 40% of global rice exports, allowing it to maintain robust export flows despite El Niño-driven weather risks and potential rainfall disruptions. On the demand side, 2026/27 consumption was slightly reduced.
2026-06-17
Rice Hits 4-week Low
Rice decreased to 12.30 USD/cwt, the lowest since May 2026. Over the past 4 weeks, Rice gained 0.66%, and in the last 12 months, it decreased 9.94%.
2026-06-10
Rice Futures at 1-Month Lows
Rice futures eased to around $12.2 per hundredweight, the lowest since May 8 and down from recent ten-month highs. On the supply side, global rice inventories remain ample after several years of strong output, led by top exporter India. Preliminary data showed the country’s rice output reached a record 154.02 million tonnes in the 2025-26 agricultural year, up from 150.18 million tonnes in the previous period. However, the anticipated return of El Niño later this year, along with rising fertilizer costs linked to Middle East tensions, is raising concerns about potential production declines across major Asian producers. In more adverse scenarios, the region could face irregular monsoons, irrigation challenges, and reduced water availability for crops. In addition to potential production losses, there is also a risk of export restrictions from major global suppliers.
2026-06-01