# US rice prices fall to lowest levels since 2023

> US rice prices fell to their lowest level since 2023 as of January 23, with Southern paddy and Calrose milled prices sharply lower year on year. Weak demand and poor milling yields are weighing on the market, and buyers are waiting on the South American harvest.

- Date: 2025-01-29 · published 2025-01-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/26583-us-rice-prices-fall-to-lowest-levels-since-2023
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Buyers already covered and a favorable South American harvest point to continued weakness in US rice prices until demand picks up.

## Read by commodity

- RICE: bearish ▼

## Sources

- tridge.com: https://www.tridge.com/news/us-rice-prices-fall-to-lowest-levels-since-2-nppbsv

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