Rice futures traded around $11 per hundredweight, the lowest since late January, pressured by ample global supply from abundant harvests in major Asian exporters, which more than offset demand. The FAO’s latest Cereal Supply and Demand Brief released on February 6 projected global rice production for 2025/26 at 561.6 million tonnes, up 2% year-on-year and an all-time high, reflecting a 2.9 million-tonne upward revision since December, largely driven by stronger-than-expected output in India. Higher output in Bangladesh, Brazil, China and Indonesia is also seen outweighing contractions in Madagascar, Pakistan, Thailand, and the United States. Global rice stocks are expected to climb 3.8% by the end of the 2025/26 marketing year, reaching a new high of 217.7 million tonnes, exceeding December estimates by 900,000 tonnes, primarily due to India’s revised reserves.
Rice fell to 10.69 USD/cwt on February 17, 2026, down 2.98% from the previous day. Over the past month, Rice's price has risen 0.01%, but it is still 23.69% 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 February 17 of 2026.
Rice fell to 10.69 USD/cwt on February 17, 2026, down 2.98% from the previous day. Over the past month, Rice's price has risen 0.01%, but it is still 23.69% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice is expected to trade at 10.96 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 10.24 in 12 months time.