Actual
14.0550
Daily Change
0.09 0.64%
Monthly
6.36%
Yearly
10.63%
Q3 Forecast
14.1499
Rice - Summary

Rice futures traded around $14 per hundredweight, hovering close to their highest level since January 2025, as traders looked beyond ample current supplies and focused on climate-related risks. Rice production is highly dependent on rainfall and temperature, making the crop particularly vulnerable to weather disruptions. Forecasters warn that a stronger El Niño and broader climate change are increasing the frequency and intensity of droughts, heatwaves, and erratic monsoon rains across Asia, raising the risk of lower yields in major producing countries such as India, Thailand, Indonesia and Vietnam. While improved monsoon rains in top grower India have accelerated planting and boosted exports, helping keep global supplies comfortable, uncertainty over weather conditions later in the growing season continues to support prices. Additional upside comes from the USDA's forecast for tighter US rice supplies and lower ending stocks.

Rice - Stats

Rice rose to 14.06 USD/cwt on August 6, 2026, up 0.64% from the previous day. Over the past month, Rice's price has risen 6.36%, and is up 10.63% 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 August 6 of 2026.

Rice - Forecast

Rice rose to 14.06 USD/cwt on August 6, 2026, up 0.64% from the previous day. Over the past month, Rice's price has risen 6.36%, and is up 10.63% 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 14.15 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 15.13 in 12 months time.



Price Day Month Year Date
Soybeans 1,151.29 -0.21 -0.02% -3.80% 18.48% Aug/06
Wheat 645.03 2.78 0.43% 5.87% 24.46% Aug/06
Lumber 579.50 -7.00 -1.19% -6.83% -13.51% Aug/05
Cheese 1.63 -0.0029 -0.18% 1.69% -7.74% Aug/06
Palm Oil 4,689.00 -13.00 -0.28% 3.12% 10.56% Aug/06
Milk 16.64 -0.11 -0.66% 6.67% -4.15% Aug/06
Cocoa 5,882.00 -42.00 -0.71% 3.30% -30.55% Aug/05
Cotton 82.89 -0.132 -0.16% 1.97% 27.86% Aug/06
Rubber 217.60 0.70 0.32% 1.73% 30.14% Aug/06
Orange Juice 157.70 -2.00 -1.25% -5.43% -32.27% Aug/05
Coffee 311.26 -0.19 -0.06% -11.06% 6.09% Aug/06
Oat 315.51 -0.9882 -0.31% 7.32% -4.97% Aug/06
Wool 1,873.00 0 0% -1.63% 51.17% Aug/06
Rice 14.06 0.0900 0.64% 6.36% 10.63% Aug/06
Canola 765.30 -0.70 -0.09% 0.62% 12.99% Aug/06
Sugar 15.24 0.09 0.61% 0.68% -4.79% Aug/06
Corn 438.10 1.3540 0.31% -0.99% 13.94% Aug/06


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
14.06 13.97 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Futures at Over 1-1/2-Year Highs
Rice futures traded around $14 per hundredweight, hovering close to their highest level since January 2025, as traders looked beyond ample current supplies and focused on climate-related risks. Rice production is highly dependent on rainfall and temperature, making the crop particularly vulnerable to weather disruptions. Forecasters warn that a stronger El Niño and broader climate change are increasing the frequency and intensity of droughts, heatwaves, and erratic monsoon rains across Asia, raising the risk of lower yields in major producing countries such as India, Thailand, Indonesia and Vietnam. While improved monsoon rains in top grower India have accelerated planting and boosted exports, helping keep global supplies comfortable, uncertainty over weather conditions later in the growing season continues to support prices. Additional upside comes from the USDA's forecast for tighter US rice supplies and lower ending stocks.
2026-08-05
Rice Eases from 18-Month High
Rice prices eased to around $13.5 per hundredweight, retreating from the 18-month high of $14.3 reached on July 22 as traders reassess the balance between weather risks and ample global supplies. Earlier gains were driven by concerns that El Niño and below-normal monsoon rainfall could reduce rice production across major Asian growers, particularly India, Vietnam and the Philippines. Although these risks remain, conditions in India have improved after a revival in monsoon rains accelerated rice planting and significantly narrowed the earlier sowing deficit. In addition, India's rice exports rose 5% in the first half of 2026, supported by strong non-basmati shipments and abundant domestic supplies, helping keep global markets well supplied. However, prices remain relatively elevated because weather uncertainty has not disappeared. Dry conditions could still affect yields later in the season, while the USDA projects tighter US rice supplies and lower ending stocks.
2026-07-29
Rice Hits 17-month High
Rice increased to 14.12 USD/cwt, the highest since February 2025. Over the past 4 weeks, Rice gained 12.79%, and in the last 12 months, it increased 13.66%.
2026-07-21