# The global market post-2008 rice crisis era – Rice Today

> Rice Today reports that world rice prices have been stable since a steep decline in 2013, despite El Niño and other weather scares. Global production for 2016-17 is expected to reach a record 480 million tonnes milled, up from 472 million. Thailand still holds about 18 million tonnes of stocks from its abandoned mortgage scheme.

- Date: 2017-05-09 · published 2017-05-09T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71087-the-global-market-post-2008-rice-crisis-era-rice-today
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Record global output and large state stocks cap upside for rice prices, though the market is steady rather than falling. Buyers can expect limited price pressure from the global supply picture.

## Read by commodity

- RICE: neutral

## Sources

- ricetoday.irri.org: https://www.ricetoday.irri.org/the-global-market-post-2008-rice-crisis-era/

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