Rice futures traded around $12.9 per hundredweight, close to the highest level since June 2025, driven by El Niño-related supply concerns. The weather event is expected to disrupt global agricultural production in the months ahead, with rice viewed as the most vulnerable crop. Forecasts suggest it will peak during the Northern Hemisphere winter and extend into early 2027, with Southeast Asia and parts of the Southern Hemisphere most at risk. Supporting this view, the International Grains Council (IGC) pegged 2026/27 global rice output at 545 million tons, unchanged from the previous month and slightly below last season’s record of 546 million. It warned that El Niño could pressure yields in major Asian producers, particularly Thailand. In India, weak monsoon rainfall has raised output concerns, though stocks remain ample. Government rice inventories hit a record 68.43 million tonnes as of June 1, well above buffer requirements.

Rice fell to 12.83 USD/cwt on July 2, 2026, down 0.30% from the previous day. Over the past month, Rice's price has risen 2.36%, and is up 1.69% 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 July 2 of 2026.

Rice fell to 12.83 USD/cwt on July 2, 2026, down 0.30% from the previous day. Over the past month, Rice's price has risen 2.36%, and is up 1.69% 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 12.59 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 12.09 in 12 months time.



Price Day Month Year Date
Soybeans 1,133.09 6.84 0.61% -1.81% 7.40% Jul/02
Wheat 595.81 3.81 0.64% 1.46% 5.97% Jul/02
Lumber 618.48 -1.02 -0.16% 3.51% 1.04% Jul/02
Cheese 1.56 0.0011 0.07% -3.58% -11.31% Jul/02
Palm Oil 4,506.00 -51.00 -1.12% -3.66% 10.09% Jul/02
Milk 15.50 0.02 0.13% -3.79% -10.77% Jul/02
Cocoa 5,001.03 -90.97 -1.79% 22.82% -38.27% Jul/02
Cotton 77.79 -0.053 -0.07% -3.38% 16.00% Jul/02
Rubber 209.40 -6.40 -2.97% -10.70% 26.68% Jul/02
Orange Juice 170.34 -1.26 -0.73% 1.15% -19.08% Jul/02
Coffee 308.74 -1.16 -0.38% 21.98% 6.90% Jul/02
Oat 278.29 6.7867 2.50% -14.77% -30.61% Jul/02
Wool 1,943.00 0 0% 0.47% 60.98% Jul/02
Rice 12.83 -0.0390 -0.30% 2.36% 1.69% Jul/02
Canola 740.10 6.68 0.91% -7.26% 7.41% Jul/02
Sugar 15.11 0.12 0.77% 6.08% -7.76% Jul/02
Corn 425.37 4.3677 1.04% -1.42% -1.48% Jul/02


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
12.83 12.87 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Hits 12-month High
Rice increased to 13.34 USD/cwt, the highest since June 2025. Over the past 4 weeks, Rice gained 6.47%, and in the last 12 months, it increased 5.13%.
2026-06-30
El Niño Threat Lifts Rice Prices
Rice futures traded around $12.9 per hundredweight, close to the highest level since June 2025, driven by El Niño-related supply concerns. The weather event is expected to disrupt global agricultural production in the months ahead, with rice viewed as the most vulnerable crop. Forecasts suggest it will peak during the Northern Hemisphere winter and extend into early 2027, with Southeast Asia and parts of the Southern Hemisphere most at risk. Supporting this view, the International Grains Council (IGC) pegged 2026/27 global rice output at 545 million tons, unchanged from the previous month and slightly below last season’s record of 546 million. It warned that El Niño could pressure yields in major Asian producers, particularly Thailand. In India, weak monsoon rainfall has raised output concerns, though stocks remain ample. Government rice inventories hit a record 68.43 million tonnes as of June 1, well above buffer requirements.
2026-06-26
Rice Hits 4-week High
Rice increased to 12.98 USD/cwt, the highest since May 2026. Over the past 4 weeks, Rice lost 0.37%, and in the last 12 months, it decreased 0.68%.
2026-06-25