Rice Futures at Over 1-Month Low

2026-06-17 15:53 By Luisa Carvalho 1 min. read

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.



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