# World, U.S. and Arkansas Rice Fundamentals Weighing Heavy on Price - ProAg

> USDA estimates 2018/19 US long grain ending stocks at 34.8 million cwt, 60 percent above the prior year and the second highest since 1985. Global rice production, supply, exports, consumption and ending stocks are all put at record levels. The article links these factors to a wet 2018 harvest and a potentially wet 2019 planting season.

- Date: 2019-02-19 · published 2019-02-19T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60674-world-u-s-and-arkansas-rice-fundamentals-weighing-heavy-on-price-proag
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Heavy global and US carry-in stocks weigh on rough rice prices and point to fewer US long grain acres planted in 2019. Lower acreage could eventually tighten supply, but near-term pressure on prices remains.

## Read by commodity

- RICE: bearish ▼

## Sources

- proag.com: https://www.proag.com/news/world-u-s-and-arkansas-rice-fundamentals-weighing-heavy-on-price/

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