# U.S. rice prices soar amid sharply lower production | World-grain.com | November 30, 2017 21:36 | World Grain

> USDA's November Crop Production report put 2017 U.S. rice output at 178.4 million cwt, down 20% from 2016 and the lowest since 1996. Harvested area fell 23% to about 2.39 million acres as acreage shifted to soybeans and cotton. Nearby rough rice futures in Chicago were up nearly 30% from a year earlier.

- Date: 2017-11-30 · published 2017-11-30T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/68055-u-s-rice-prices-soar-amid-sharply-lower-production-world-grain-com-november-30
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

A sharp drop in U.S. supply with tighter acreage supports rough rice prices and reduces exportable supply for buyers. Higher rice values can also lift the cost of rice-based feed ingredients.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2021-07-22 | [India’s grain production to reach new record highs  \| World Grain](https://feedsoft.ai/events/46030-india-s-grain-production-to-reach-new-record-highs-world-grain.md) | +2.6% | -0.2% |
| RICE | 2017-10-28 | [U.S. rice production, consumption and… \| PB Commercial](https://feedsoft.ai/events/68537-u-s-rice-production-consumption-and-pb-commercial.md) | -2.3% | +6.5% |
| RICE | 2025-11-19 | [November 2025 WASDE Report is Relatively Quiet Despite Surprises in Production and Exports](https://feedsoft.ai/events/21972-november-2025-wasde-report-is-relatively-quiet-despite-surprises-in-production.md) | -1.7% | -9.4% |
| RICE | 2026-06-05 | [FAO Cereal Price Index rises in May \| World Grain](https://feedsoft.ai/events/18850-fao-cereal-price-index-rises-in-may-world-grain.md) | -1.5% | +3.4% |
| RICE | 2020-12-03 | [World food price index jumps in November to almost six-year high - FAO](https://feedsoft.ai/events/5276-world-food-price-index-jumps-in-november-to-almost-six-year-high-fao.md) | -0.7% | -0.4% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/9001-u-s-rice-prices-soar-amid-sharply-lower-production

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