Rice futures traded around $12.5 per hundredweight, the lowest since May 12 and down from recent ten-month highs, in part due to a stronger US dollar. 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.

Rice rose to 12.51 USD/cwt on June 9, 2026, up 0.96% from the previous day. Over the past month, Rice's price has risen 2.33%, but it is still 8.75% 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 June 9 of 2026.

Rice rose to 12.51 USD/cwt on June 9, 2026, up 0.96% from the previous day. Over the past month, Rice's price has risen 2.33%, but it is still 8.75% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Rice is expected to trade at 12.33 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 11.44 in 12 months time.



Price Day Month Year Date
Soybeans 1,112.80 -3.37 -0.30% -8.26% 5.20% Jun/09
Wheat 583.44 1.18 0.20% -7.98% 9.16% Jun/09
Lumber 610.55 2.55 0.42% 4.91% 1.25% Jun/08
Cheese 1.64 0.0054 0.33% -1.91% -15.27% Jun/09
Palm Oil 4,575.00 21.00 0.46% 1.31% 16.56% Jun/08
Milk 16.08 -0.05 -0.31% -5.47% -14.60% Jun/08
Cocoa 3,816.94 54.94 1.46% -18.94% -62.61% Jun/08
Cotton 77.02 -0.444 -0.57% -12.25% 17.80% Jun/09
Rubber 230.40 0 0% 4.30% 42.66% Jun/08
Orange Juice 162.90 3.50 2.20% -11.27% -41.71% Jun/08
Coffee 245.36 -1.14 -0.46% -13.09% -32.17% Jun/08
Oat 312.01 -0.2472 -0.08% -11.99% -15.67% Jun/09
Wool 1,964.00 0 0% 4.14% 63.80% Jun/09
Rice 12.51 0.1194 0.96% 2.33% -8.75% Jun/09
Canola 758.96 -1.10 -0.14% 2.09% 6.96% Jun/09
Sugar 14.17 0.03 0.19% -4.98% -15.13% Jun/08
Corn 419.54 0.5165 0.12% -11.72% -4.38% Jun/09


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
12.51 12.40 24.46 0.75 1981 - 2026 USD/CWT Daily

News Stream
Rice Futures Ease
Rice futures traded around $12.5 per hundredweight, the lowest since May 12 and down from recent ten-month highs, in part due to a stronger US dollar. 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
Rice Futures Hover Around 9-Month Highs
Rice futures rose toward $13 per hundredweight, the highest since August 2025, amid ongoing concerns over tightening supply. The USDA’s latest outlook for the 2026/27 global crop points to lower production, record consumption, and tightening stocks. Global milled rice output is projected at 537.9 million tons, down 0.9% from 2025/26, while US rice supplies are estimated at 175.2 million hundredweight, around 15% lower year-on-year. On the demand side, global consumption is forecast to reach a record 541.3 million tons, up 0.7%. As a result, global rice stocks are expected to fall 1.8% to 192.7 million tons at the end of 2026/27. Supply pressures are being amplified by soaring fertilizer and fuel costs linked to the Iran conflict, while an emerging El Niño is expected to bring hotter, drier conditions and further strain key producing regions of Southeast Asia. Still, global rice stocks remain ample after years of strong output, with top exporter India holding a record 42 million tons.
2026-05-20
Rice Hits 40-week High
Rice increased to 12.95 USD/cwt, the highest since August 2025. Over the past 4 weeks, Rice gained 16.69%, and in the last 12 months, it increased 1.4%.
2026-05-19