# Rice Futures Hit Near 2-Month Low

> Rice futures fell to near $10.60/cwt, the lowest since early March, after the International Grains Council estimated record 2026-27 global output of 548 million tonnes. Indonesia's rice reserves reached a record 5.0 million tons, while Hormuz-related fuel and fertilizer costs are pressuring Southeast Asian planting.

- Date: 2026-04-28 · published 2026-04-28T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/19789-rice-futures-hit-near-2-month-low
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Record global supply and Indonesian stocks weigh on near-term prices, though rising input costs and a weak Indian monsoon could tighten supply later.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2019-08-26 | [Louisiana Rough Rice Stocks Up from Year Ago — Louisiana Farm Bureau News](https://feedsoft.ai/events/57670-louisiana-rough-rice-stocks-up-from-year-ago-louisiana-farm-bureau-news.md) | +6.3% | +9.8% |
| RICE | 2026-06-16 | [India Grain Reserves: India builds record grain reserves as El Nino returns: Rice stocks hit new peak, wheat stores at five-year high - The Times of India](https://feedsoft.ai/events/18743-india-grain-reserves-india-builds-record-grain-reserves-as-el-nino-returns-rice.md) | +9.2% | +18.0% |
| RICE | 2018-01-15 | [Winter hibernation - Rice Farming](https://feedsoft.ai/events/10605-winter-hibernation-rice-farming.md) | +5.2% | +7.0% |
| RICE | 2017-07-07 | [Louisiana Rough Rice Stocks Up 5 Percent — Louisiana Farm Bureau News](https://feedsoft.ai/events/70024-louisiana-rough-rice-stocks-up-5-percent-louisiana-farm-bureau-news.md) | -1.2% | +6.4% |
| RICE | 2026-02-18 | [2026 Rice Market Outlook](https://feedsoft.ai/events/12012-2026-rice-market-outlook.md) | -8.3% | +5.4% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/commodity/rice/news/545519

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