# Spread of 'soft cooking' rice varieties hinders Thai long grain price competitiveness

> Thai rice output fell 13% in 2020 after reduced rainfall, and the USDA says off-season irrigation is critically low. Farmers are shifting to newer, high-yielding Vietnamese varieties, including 'soft cooking' types not yet marketed for export.

- Date: 2021-03-22 · published 2021-03-22T12:00:00.000Z
- Category: weather · region Thailand · magnitude low
- Page: https://feedsoft.ai/events/48194-spread-of-soft-cooking-rice-varieties-hinders-thai-long-grain-price
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower Thai output and weaker competitiveness of Thai white and parboiled rice can support global rice prices, though the expected 5.2% production rebound limits the upside.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-03-04 | [2 new varieties of rice increase in… \| PB Commercial](https://feedsoft.ai/events/12657-2-new-varieties-of-rice-increase-in-pb-commercial.md) | -5.6% | +2.5% |
| RICE | 2020-07-09 | [Thai rates hit 4-month low, Vietnam jumps as heavy rains persist - Markets - Business Recorder](https://feedsoft.ai/events/5362-thai-rates-hit-4-month-low-vietnam-jumps-as-heavy-rains-persist-markets.md) | -26.5% | -28.4% |
| 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 | 2024-04-15 | [A Quick Look at the 2024 Rice Market - Rice Farming](https://feedsoft.ai/events/6714-a-quick-look-at-the-2024-rice-market-rice-farming.md) | +10.3% | +11.8% |
| RICE | 2018-04-05 | [Weather phenomena like El Nino affect up to two-thirds of world's harvests - Grain Central](https://feedsoft.ai/events/65445-weather-phenomena-like-el-nino-affect-up-to-two-thirds-of-world-s-harvests.md) | +3.1% | +2.7% |

## Sources

- spglobal.com: https://www.spglobal.com/commodity-insights/en/news-research/latest-news/agriculture/032221-spread-of-soft-cooking-rice-varieties-hinders-thai-long-grain-price-competitiveness

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