Rice Futures Fall to 2019's Lows on Global Oversupply

2025-09-10 19:36 By Mojdeh Kazemi 1 min. read

Rice futures fell toward $11.2 per hundredweight, levels not seen since August 2019, as record global harvests and subdued demand weigh heavily on prices.

The USDA projects world rice supplies to reach nearly 729 million tons in the 2025/26 season, the highest on record, with output and consumption both at all-time highs.

Major exporters such as India, Vietnam, and Egypt have boosted production, creating an oversupply that has pushed benchmark prices sharply lower.

Thai 5% broken white rice, a global reference point, has fallen more than 25% since late 2024, while Vietnamese rice has also skidded to record lows amid a new-crop supply glut.

At the same time, key importers like Indonesia and the Philippines have slowed purchases, further pressuring prices.

In the US, rice values are down more than 35% since early 2024, reflecting the global surplus and aggressive competition from Asia.



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