# Economists project weaker rice prices in 2021

> LSU AgCenter economist Michael Deliberto reviewed a volatile 2020 US rice market and said USDA projects weaker 2021 long-grain prices at $11.50 per cwt versus $12 last year. Larger acreage and a good harvest are cited as drivers of the lower outlook.

- Date: 2020-11-30 · published 2020-11-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/50238-economists-project-weaker-rice-prices-in-2021
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A USDA-projected drop in US long-grain prices and larger plantings point to ample rice supply in 2021, which would weigh on rough rice values for feed and food buyers.

## Read by commodity

- RICE: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-02-10 | [U.S. rough-rice exports projected to decline 36 percent in 2022/23](https://feedsoft.ai/events/37408-u-s-rough-rice-exports-projected-to-decline-36-percent-in-2022-23.md) | -3.1% | -11.5% |
| RICE | 2018-10-03 | [U.S. could ship more rice in 2018-19 — if prices decline](https://feedsoft.ai/events/12052-u-s-could-ship-more-rice-in-2018-19-if-prices-decline.md) | +6.7% | +1.7% |
| RICE | 2021-03-17 | [Weekly world market rice prices: USDA - Markets - Business Recorder](https://feedsoft.ai/events/48193-weekly-world-market-rice-prices-usda-markets-business-recorder.md) | +1.5% | +1.2% |
| RICE | 2020-11-06 | [India’s rice production on the rise \| 2020-11-06  \| World Grain](https://feedsoft.ai/events/50116-india-s-rice-production-on-the-rise-2020-11-06-world-grain.md) | -4.9% | -3.5% |
| RICE | 2026-09-17 | [IGC: Grain production falls but GOI prices rise \| World Grain](https://feedsoft.ai/events/9696-igc-grain-production-falls-but-goi-prices-rise-world-grain.md) | +3.0% | +9.0% |

## Sources

- lsuagcenter.com: https://www.lsuagcenter.com/articles/page1606256322722

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