# 2 new varieties of rice increase in… | PB Commercial

> University of Arkansas researchers have released new rice varieties, including the medium-grain Taurus, which has outyielded other medium-grain varieties in testing. Seed demand is strong, with foundation seed sold out for this year. California medium-grain production has declined after several years of severe drought, and its price has been above $30 per hundredweight since October 2021.

- Date: 2023-03-04 · published 2023-03-04T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/12657-2-new-varieties-of-rice-increase-in-pb-commercial
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower California medium-grain output from drought supports prices for that class. Higher-yielding varieties could eventually expand Southern supply, which would limit longer-term price gains.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-03-22 | [Spread of 'soft cooking' rice varieties hinders Thai long grain price competitiveness](https://feedsoft.ai/events/48194-spread-of-soft-cooking-rice-varieties-hinders-thai-long-grain-price.md) | -0.5% | -2.3% |
| RICE | 2022-06-02 | [Good monsoon outlook in India tempers fears of rice export curbs \| Today News](https://feedsoft.ai/events/40904-good-monsoon-outlook-in-india-tempers-fears-of-rice-export-curbs-today-news.md) | -1.3% | -4.1% |
| RICE | 2026-01-06 | [Rice Futures Up, Still Near 2016-Lows — TradingView News](https://feedsoft.ai/events/9168-rice-futures-up-still-near-2016-lows-tradingview-news.md) | +0.7% | +11.8% |
| RICE | 2018-12-14 | [YEAREND: Arkansas rice, soybean faced tough weather challenges in 2018](https://feedsoft.ai/events/61435-yearend-arkansas-rice-soybean-faced-tough-weather-challenges-in-2018.md) | +0.7% | -0.2% |
| RICE | 2024-05-07 | [Global Rice Supplies Steady but Faces Exposure to Potential Dry Weather Risks - We Know Rice](https://feedsoft.ai/events/30328-global-rice-supplies-steady-but-faces-exposure-to-potential-dry-weather-risks.md) | +1.6% | -4.5% |

## Sources

- pbcommercial.com: https://www.pbcommercial.com/2-new-varieties-of-rice-increase-in-popularity/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.