# World Market Price Meeting Goes Virtual | USA Rice Federation

> The USA Rice World Market Price Subcommittee held its May meeting by videoconference due to COVID-19 precautions. Members agreed USDA planting projections were on target and that the industry expects a larger 2020 crop than in 2019. The group also discussed COVID-19 effects on global rice trade with USDA's Foreign Agricultural Service.

- Date: 2020-05-14 · published 2020-05-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/7503-world-market-price-meeting-goes-virtual-usa-rice-federation
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Expectations of a larger US rice crop point to more supply, which is mildly bearish for rough rice prices. The impact on feed markets is limited.

## Read by commodity

- RICE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| RICE | 2020-05-18 | 5 | -7.7% | -3.2 | Industry expectation of a larger 2020 US crop than in 2019 signals more supply ahead, which is bearish for futures. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2016-11-09 | [WASDE Report Released \| USA Rice Federation](https://feedsoft.ai/events/73922-wasde-report-released-usa-rice-federation.md) | +1.9% | +2.7% |
| RICE | 2025-07-23 | [Grain market review: Rice \| World Grain](https://feedsoft.ai/events/23832-grain-market-review-rice-world-grain.md) | +0.0% | +1.1% |
| RICE | 2024-08-22 | [Grain market review: Rice \| World Grain](https://feedsoft.ai/events/28862-grain-market-review-rice-world-grain.md) | +2.3% | +4.9% |
| 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

- usarice.com: https://www.usarice.com/news-and-events/publications/usa-rice-daily/article/usa-rice-daily/2020/05/14/world-market-price-meeting-goes-virtual

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