Rice Outlook: July 2012

by Nathan Childs

There were several major revisions to the 2012/13 U.S. rice balance sheet this month. On the supply side, the 2012/13 carryin was increased 5.0 million cwt to 34.5 million cwt. A higher area estimate raised the 2012/13 production forecast 8.0 million cwt to 191.0 million cwt. In contrast, 2012/13 imports were lowered 0.5 million cwt to 21.5 million cwt. On balance, these revisions resulted in a 12.5-million cwt increase in the 2012/13 total supply forecast to 247.0 million cwt.

Keywords: Rice, long grain, medium grain, short grain, exports, RCS-12g, July 2012

In this publication...

• Rice Outlook: July 2012
• Table 1--U.S. rice supply and use 1/
• Table 2--U.S. rice supply and use, by class 1/
• Table 3--U.S. monthly average farm prices and marketings
• Table 4 -- U.S. monthly average farm prices and marketings by class
• Table 5--USDA-calculated world market rice prices (rough basis) 1/
• Table 6--U.S. rice imports 1/
• Table 7--U.S. commercial rice exports
• Table 8--U.S., Thailand, and Vietnam price quotes
• Table 9--Global rice producers: monthly revisions and annual changes 1/
• Table 10--Global rice exporters, calendar years; monthly revisions and annual changes
• Table 11--Global rice importers, calendar years; monthly revisions and annual changes

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