Actual
15.3800
Daily Change
0.15 0.95%
Monthly
9.66%
Yearly
32.07%
Q3 Forecast
15.4672
Rice - Summary

Rice futures traded above $15 per hundredweight, holding close to their highest level since September 2024, as weather risks continued to cloud the supply outlook. While global rice supplies remain ample, erratic weather and below-normal monsoon rains in major Asian producers, particularly India, have raised concerns over crop yields and tightened expectations for future supplies. Milled rice production in India was revised lower to 147 million tonnes for 2026-27, down from 154 million tonnes in 2025-26, though Indian rice prices are expected to stay competitive as the government continues to offload excess stocks. Higher shipping costs have also added to price pressures, while some producers have held back stocks in anticipation of higher prices.

Rice - Stats

Rice rose to 15.38 USD/cwt on September 8, 2026, up 0.95% from the previous day. Over the past month, Rice's price has risen 9.66%, and is up 32.07% 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 September 8 of 2026.

Rice - Forecast

Rice rose to 15.38 USD/cwt on September 8, 2026, up 0.95% from the previous day. Over the past month, Rice's price has risen 9.66%, and is up 32.07% 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 15.47 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 16.67 in 12 months time.



Price Day Month Year Date
Soybeans 1,289.77 -3.98 -0.31% 11.40% 25.07% Sep/08
Wheat 724.08 8.08 1.13% 13.05% 39.18% Sep/08
Lumber 568.50 -5.50 -0.96% -1.90% 6.26% Sep/04
Cheese 1.57 -0.0049 -0.31% -6.53% -13.04% Sep/08
Palm Oil 4,977.00 -1.00 -0.02% 5.38% 11.07% Sep/08
Milk 16.15 0.02 0.12% -3.41% -8.96% Sep/08
Cocoa 6,096.05 -91.95 -1.49% 2.77% -16.15% Sep/08
Cotton 86.42 0.085 0.10% 3.05% 33.92% Sep/08
Rubber 241.90 7.50 3.20% 10.36% 36.05% Sep/08
Orange Juice 156.15 0.40 0.26% 10.08% -34.77% Sep/07
Coffee 295.31 -0.29 -0.10% -5.92% -24.86% Sep/08
Oat 342.51 -0.9929 -0.29% 5.71% 6.62% Sep/08
Wool 1,890.00 0 0% 0.91% 46.40% Sep/08
Rice 15.38 0.1450 0.95% 9.66% 32.07% Sep/08
Canola 831.26 8.76 1.06% 4.57% 34.14% Sep/08
Sugar 17.97 -0.10 -0.54% 9.12% 13.46% Sep/08
Corn 513.49 1.4948 0.29% 17.17% 22.33% Sep/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
15.38 15.24 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Hits 4-week Low
Rice decreased to 13.84 USD/cwt, the lowest since August 2026. Over the past 4 weeks, Rice lost 1.31%, and in the last 12 months, it increased 22%.
2026-09-07
Rice Hits 23-month High
Rice increased to 15.44 USD/cwt, the highest since September 2024. Over the past 4 weeks, Rice gained 8.04%, and in the last 12 months, it increased 31.13%.
2026-09-04
Rice Prices Stay Elevated on Supply Risks
Rice futures traded above $15 per hundredweight, holding close to their highest level since September 2024, as weather risks continued to cloud the supply outlook. While global rice supplies remain ample, erratic weather and below-normal monsoon rains in major Asian producers, particularly India, have raised concerns over crop yields and tightened expectations for future supplies. Milled rice production in India was revised lower to 147 million tonnes for 2026-27, down from 154 million tonnes in 2025-26, though Indian rice prices are expected to stay competitive as the government continues to offload excess stocks. Higher shipping costs have also added to price pressures, while some producers have held back stocks in anticipation of higher prices.
2026-09-04