Rice rose to 11.09 USD/cwt on March 27, 2026, up 1.09% from the previous day. Over the past month, Rice's price has risen 4.43%, but it is still 17.94% 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 March 29 of 2026.

Rice is expected to trade at 11.08 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 10.23 in 12 months time.



Price Day Month Year Date
Soybeans 1,159.25 -14.50 -1.24% 0.80% 13.32% Mar/27
Wheat 605.00 0 0% 5.31% 14.53% Mar/27
Lumber 596.00 0 0% 7.39% -12.12% Mar/27
Cheese 1.66 -0.0290 -1.72% -1.19% -2.59% Mar/27
Palm Oil 4,620.00 52.00 1.14% 10.16% 7.12% Mar/26
Milk 16.15 0.01 0.06% 8.24% -13.40% Mar/27
Cocoa 3,165.00 1.00 0.03% 4.77% -60.31% Mar/28
Cotton 69.46 0.050 0.07% 7.54% 3.84% Mar/28
Rubber 197.80 1.00 0.51% -3.42% 0.46% Mar/27
Orange Juice 176.55 -3.85 -2.13% 2.44% -27.51% Mar/29
Coffee 301.70 -5.95 -1.93% 6.01% -20.52% Mar/27
Oat 338.28 2.2500 0.66% 8.86% -3.42% Mar/29
Wool 1,724.00 0 0% 0.47% 38.47% Mar/27
Rice 11.09 0.1200 1.09% 4.43% -17.94% Mar/27
Canola 720.50 -8.90 -1.22% 3.16% 17.90% Mar/29
Sugar 15.76 -0.11 -0.69% 13.30% -16.39% Mar/29
Corn 461.78 -5.0000 -1.07% 6.59% 1.88% Mar/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. Trading Economics does not verify any data and disclaims any obligation to do so.
Actual Previous Highest Lowest Dates Unit Frequency
11.09 10.97 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Futures at 2-Week Low
Rice futures eased to around $11 per hundredweight, the lowest in two weeks, following broader movements in grain markets. President Donald Trump’s announcement that the US had held talks with Iran about a possible end to the conflict and had withdrawn his 48-hour ultimatum helped to calm global markets. The Middle East crisis has driven up insurance, freight, and fuel costs while disrupting shipping routes, hitting top Asian producers, particularly India. The conflict has severely affected India’s rice exports, leaving millers in key production regions with unsold stock and mounting financial pressures. Meanwhile, the FAO in its latest Cereal Supply and Demand Brief, raised its 2025/26 global rice production forecast by 1.7 million tonnes to 563.4 million tonnes (milled basis), marking a 2.1% year-on-year increase and a new record high. Production increases in Bangladesh, Brazil, China, India, and Indonesia should offset declines in Madagascar, Pakistan, Thailand, and the US.
2026-03-23
Rice Hits 24-week High
Rice increased to 11.44 USD/cwt, the highest since September 2025. Over the past 4 weeks, Rice gained 6.33%, and in the last 12 months, it decreased 15.16%.
2026-03-16
Rice Prices Nearly One-Month Highs
Rice futures rose above $11 per hundredweight in March, the highest level in about a month, tracking broader gains in grain markets amid the war involving Iran. The conflict has pushed insurance premiums, container freight rates, and fuel costs higher, while also disrupting shipping routes. On the supply side, the FAO, in its latest Cereal Supply and Demand Brief, increased its 2025/26 global rice production forecast by 1.7 million tonnes to 563.4 million tonnes (milled basis), representing a 2.1% yoy increase and a record high. Bangladesh, Brazil, China, India, and Indonesia are expected to lead the season’s production growth, more than offsetting declines projected for Madagascar, Pakistan, Thailand, and the US. Production estimate for Indonesia was also raised, as final government assessments indicate that a significant expansion in harvested area lifted Indonesian output to a decade high. Production estimates were also revised higher for Thailand.
2026-03-09