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Rice - Market Outlook

See the latest Rice Outlook report.

U.S. All-Rice Supply Is Raised for 2026/27

The U.S. all-rice supply for marketing year 2026/27 (August 2026–July 2027) is raised 4.4 million hundredweight (cwt) this month to 266.4 million but remains the lowest in 4 years. While beginning stocks are raised 4.6 million cwt to a 40-year high of 58.4 million cwt, production is reduced 0.2 million cwt to 158.2 million, a 33-year low, as a reduced forecast for harvested area more than offsets a higher yield. Imports are maintained at 49.8 million cwt. With total use unchanged at 226.0 million cwt, ending stocks are raised by the magnitude of the supply change to 40.4 million, a 3-year low and 31 percent lower than last year. The all-rice season-average farm price (SAFP) is unchanged at $14.90 per cwt, about 20 percent higher than the revised 2025/26 SAFP ($12.40), reflecting the notable shift to a relatively tight U.S. supply situation.