# Rice prices climb 24% as government purchase rules could boost demand

> South Korea's farm-gate rice price in late November was 57,046 won per 20 kg, up 24% from a year earlier, rising during harvest when prices normally fall. The government plans to purchase 100,000 tons of the roughly 130,000-ton surplus, and the industry expects further gains if the revised Grain Management Act takes effect next year.

- Date: 2025-12-01 · published 2025-12-01T12:00:00.000Z
- Category: policy · region South Korea · magnitude medium
- Page: https://feedsoft.ai/events/12733-rice-prices-climb-24-as-government-purchase-rules-could-boost-demand
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Expected government buying of surplus rice and delayed shipments by large farms are tightening available supply and supporting domestic prices. Higher Korean rice values could increase import demand elsewhere in Asia.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2024-06-24 | [As the demand increased, the price of rice in India increased](https://feedsoft.ai/events/29841-as-the-demand-increased-the-price-of-rice-in-india-increased.md) | -6.8% | -19.8% |
| RICE | 2021-01-29 | [Export rules by some countries force rise in global crop prices \| AGDAILY](https://feedsoft.ai/events/49099-export-rules-by-some-countries-force-rise-in-global-crop-prices-agdaily.md) | -2.7% | -4.8% |
| RICE | 2020-06-16 | [Indian Government Has Imposed A 20% Duty On The Export Of Parboiled Rice Basmati Rice , - Eastgate Export](https://feedsoft.ai/events/52579-indian-government-has-imposed-a-20-duty-on-the-export-of-parboiled-rice-basmati.md) | -16.1% | -3.0% |
| RICE | 2022-01-11 | [Q1 rice exports may be hit as parboiled prices increase on Govt procurement - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/43113-q1-rice-exports-may-be-hit-as-parboiled-prices-increase-on-govt-procurement.md) | +1.0% | +6.2% |
| RICE | 2024-03-26 | [India's rice exports at risk as exporters face huge tax demand-sources](https://feedsoft.ai/events/31138-india-s-rice-exports-at-risk-as-exporters-face-huge-tax-demand-sources.md) | -5.7% | +12.6% |

## Sources

- ricenewstoday.com: https://ricenewstoday.com/rice-prices-climb-24-as-government-purchase-rules-could-boost-demand/

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