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Rice - Market Outlook

See the latest Rice Outlook report.

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

U.S. all-rice supply for 2026/27 is raised 7.1 million hundredweight (cwt) this month to 262.0 million but still down 14 percent from the prior year mainly on lower production. Production is up 5.1 million cwt to 158.4 million (but remains at a 33-year low) on higher harvested area more than offsetting a lower projected yield. Beginning stocks for 2026/27 are raised 2.0 million cwt on reduced 2025/26 exports. Imports for 2026/27 are unchanged at a record 49.8 million cwt. Domestic use and residual is raised 2.0 million cwt to 148.0 million cwt on increased supplies, while exports are unchanged at 78.0 million cwt. Combined, the supply and use revisions raise ending stocks by 5.1 million cwt to 36.0 million, still a 4-year low and 33 percent lower than last year. The all-rice season-average farm price (SAFP) is forecast at $14.90 per cwt, unchanged from last month but up $2.40 from 2025/26 SAFP of $12.50, reflecting tighter supplies.