# S. Korea forecasts 66,000-ton rice surplus, moves to stabilize harvest prices - The Herald Business

> South Korea projects 2026 rice output at 3.46 million tons, about 66,000 tons (1.9%) above demand. The government will buy 400,000 tons for public reserves, require repayment of 120,000 tons of lent grain, and extend 4 trillion won in purchase loans.

- Date: 2026-11-02 · published 2026-11-02T09:06:42.091Z
- Category: policy · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/75206-s-korea-forecasts-66-000-ton-rice-surplus-moves-to-stabilize-harvest-prices-the
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Government removal of the surplus from the market should limit harvest-season price declines in South Korea, keeping domestic rice values steady rather than sharply lower.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2018-09-10 | [Rice prices to stabilize in November: Piñol \| ABS-CBN](https://feedsoft.ai/events/63117-rice-prices-to-stabilize-in-november-pinol-abs-cbn.md) | -1.7% | -0.2% |
| RICE | 2025-06-28 | [Indian govt to hike prices of broken rice for manufacturing ethanol from Oct 1 - The HinduBusinessLine](https://feedsoft.ai/events/24288-indian-govt-to-hike-prices-of-broken-rice-for-manufacturing-ethanol-from-oct-1.md) | -5.3% | -4.8% |
| RICE | 2024-03-24 | [Post-harvest support seen as key in taming inflation - BusinessWorld Online](https://feedsoft.ai/events/31272-post-harvest-support-seen-as-key-in-taming-inflation-businessworld-online.md) | -6.1% | +9.3% |
| RICE | 2020-08-01 | [Tweak FCI's procurement strategies to boost rice exports: Expert panel \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/51564-tweak-fci-s-procurement-strategies-to-boost-rice-exports-expert-panel-economy.md) | -0.6% | +6.3% |
| RICE | 2023-03-31 | [Telangana millers stare at broken rice issue as rabi season set to begin  - The HinduBusinessLine](https://feedsoft.ai/events/36913-telangana-millers-stare-at-broken-rice-issue-as-rabi-season-set-to-begin-the.md) | -5.5% | -1.2% |

## Sources

- biz.heraldcorp.com: https://biz.heraldcorp.com/article/10922556

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