# Much stronger foundation - Rice Farming

> Louisiana old-crop rice cash offers held near $23.50 per barrel, about $14.50/cwt, while 2020 crop bids were around $20 per barrel. USDA's Planting Intentions report projected 2.85 million acres of rice, up over 300,000 from 2019. Long-grain acreage is projected at 2.1 million acres.

- Date: 2020-05-15 · published 2020-05-15T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/7504-much-stronger-foundation-rice-farming
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Higher planted acreage threatens to pressure prices, but the market has so far held firm, and the 2020 discount to old crop signals expected weakness ahead. Feed buyers should monitor acreage and demand.

## 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 | Planting intentions up over 300,000 acres and new-crop bids well below old-crop cash imply a bearish supply outlook and a steep inverse that pressures nearby prices. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-01-15 | [Winter hibernation - Rice Farming](https://feedsoft.ai/events/10605-winter-hibernation-rice-farming.md) | +5.2% | +7.0% |
| RICE | 2016-12-01 | [Exports lag - Rice Farming](https://feedsoft.ai/events/73519-exports-lag-rice-farming.md) | +2.3% | -4.8% |
| RICE | 2026-02-27 | [Rice Outlook: February 2026 - Rice Farming](https://feedsoft.ai/events/12571-rice-outlook-february-2026-rice-farming.md) | +8.5% | +10.3% |
| RICE | 2018-07-26 | [Looking into the crystal ball - Rice Farming](https://feedsoft.ai/events/64097-looking-into-the-crystal-ball-rice-farming.md) | -1.4% | -10.3% |
| RICE | 2019-02-08 | [USDA: Rough rice in storage increased while stored milled rice decreased - Rice Farming](https://feedsoft.ai/events/60676-usda-rough-rice-in-storage-increased-while-stored-milled-rice-decreased-rice.md) | -3.0% | +0.9% |

## Sources

- ricefarming.com: https://www.ricefarming.com/departments/much-stronger-foundation/

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