U.S. Rice Market Developments
U.S. rice production is forecast at 222.1 million cwt, reflecting stable output despite shifting market conditions. However, exports have been revised downward by 4.0 million cwt to 96.0 million cwt, primarily due to a decline in long-grain rice shipments. As a result, U.S. ending stocks are projected to rise by 3.5 million cwt to 47.0 million cwt, marking a 10-year high. The increase in supply has also led to a reduction in the average farm price, now estimated at $15.40 per cwt, down $0.20 from previous projections.
India’s Expanding Role in Global Trade
India continues to dominate the global rice export market, with shipments revised upward to 22.0 million metric tons. The country’s aggressive export strategy, despite recent regulatory interventions, has kept global supply levels high. Increased demand from key importers, including China, has further supported India’s leading position in the market.
Global Supply and Consumption Trends
Global rice ending stocks have been reduced by 0.5 million metric tons, now forecast at 181.6 million metric tons, primarily due to lower reserves in India and Sri Lanka. Meanwhile, global consumption is set to reach 530.5 million metric tons, with rising demand from Asian economies.
Market Outlook
The combination of record-high U.S. stocks and India’s robust export performance presents a complex picture for rice markets. While U.S. prices remain under pressure due to surplus stock, India’s export dominance is expected to sustain strong global trade flows.
U.S. rice production is forecast at 222.1 million cwt, reflecting stable output despite shifting market conditions. However, exports have been revised downward by 4.0 million cwt to 96.0 million cwt, primarily due to a decline in long-grain rice shipments. As a result, U.S. ending stocks are projected to rise by 3.5 million cwt to 47.0 million cwt, marking a 10-year high. The increase in supply has also led to a reduction in the average farm price, now estimated at $15.40 per cwt, down $0.20 from previous projections.
India’s Expanding Role in Global Trade
India continues to dominate the global rice export market, with shipments revised upward to 22.0 million metric tons. The country’s aggressive export strategy, despite recent regulatory interventions, has kept global supply levels high. Increased demand from key importers, including China, has further supported India’s leading position in the market.
Global Supply and Consumption Trends
Global rice ending stocks have been reduced by 0.5 million metric tons, now forecast at 181.6 million metric tons, primarily due to lower reserves in India and Sri Lanka. Meanwhile, global consumption is set to reach 530.5 million metric tons, with rising demand from Asian economies.
Market Outlook
The combination of record-high U.S. stocks and India’s robust export performance presents a complex picture for rice markets. While U.S. prices remain under pressure due to surplus stock, India’s export dominance is expected to sustain strong global trade flows.
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Personal website of Julia Khandoshko:
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👉 mind-money.eu
Personal website of Julia Khandoshko:
👉 iuliia-khandoshko.com/
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CEO Mind-Money.eu
👉 mind-money.eu
Personal website of Julia Khandoshko:
👉 iuliia-khandoshko.com/
👉 mind-money.eu
Personal website of Julia Khandoshko:
👉 iuliia-khandoshko.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.