# Global rice prices spike during COVID pandemic despite larger supply

> A University of Arkansas report sets baseline projections for global rice markets through 2030. It notes that rice prices spiked in the second quarter of 2020 during the pandemic and have stayed higher than expected despite ample stocks and record 2020 global production.

- Date: 2021-08-16 · published 2021-08-16T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/45628-global-rice-prices-spike-during-covid-pandemic-despite-larger-supply
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

The report is a forward-looking research outlook rather than a new supply or demand shock, so it has little immediate price effect on rice or feed grains.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-11-11 | [India’s lifting of rice export ban helped cool global food prices, says WTO \| Today News](https://feedsoft.ai/events/21916-india-s-lifting-of-rice-export-ban-helped-cool-global-food-prices-says-wto.md) | +3.1% | -0.3% |
| RICE | 2025-08-22 | [A Record Harvest, So Why Aren’t Rice Prices Falling?](https://feedsoft.ai/events/11820-a-record-harvest-so-why-aren-t-rice-prices-falling.md) | -1.8% | -2.0% |
| RICE | 2017-07-13 | [Vietnam, Pakistan, and Burma expected to drive global rice exports upward in 2018 \| Economic Research Service](https://feedsoft.ai/events/70030-vietnam-pakistan-and-burma-expected-to-drive-global-rice-exports-upward-in-2018.md) | +2.5% | +6.3% |
| RICE | 2021-06-13 | [Explained: In Covid-19 pandemic, here are four food records \| Explained News - The Indian Express](https://feedsoft.ai/events/46515-explained-in-covid-19-pandemic-here-are-four-food-records-explained-news-the.md) | -1.9% | -1.5% |
| RICE | 2016-12-13 | [International Maize, Wheat, Rice Prices Remain Down, According to Latest FPMA Report \| Food Security Portal](https://feedsoft.ai/events/73523-international-maize-wheat-rice-prices-remain-down-according-to-latest-fpma.md) | -3.9% | -4.7% |

## Sources

- ricefarming.com: https://www.ricefarming.com/departments/breaking-news/global-rice-prices-spike-during-covid-pandemic-despite-larger-supply/

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