# Asian rice prices rise to highest level in nearly two years

> Asian rice prices rose to their highest level in nearly two years on November 5, with Thai 5% broken white rice reaching $499 per tonne as of November 4, the highest since December 2024. Chicago rough rice futures are up more than 80% year to date, as El Niño drought hits crops in India and Southeast Asia.

- Date: 2026-11-05 · published 2026-11-05T06:05:45.405Z
- Category: weather · region Asia · magnitude high
- Page: https://feedsoft.ai/events/81116-asian-rice-prices-rise-to-highest-level-in-nearly-two-years
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Tighter Asian rice supply and the USDA forecast of the first global production decline in over a decade point to firmer rice prices, with knock-on food inflation risk across importing countries.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2023-07-11 | [Rice Soars to Two-Year High in Asia on El Niño Drought Risks - Bloomberg](https://feedsoft.ai/events/5208-rice-soars-to-two-year-high-in-asia-on-el-nino-drought-risks-bloomberg.md) | -19.6% | -16.6% |
| RICE | 2018-09-19 | [Rice prices hit highest level; production target unattainable \| Philstar.com](https://feedsoft.ai/events/63114-rice-prices-hit-highest-level-production-target-unattainable-philstar-com.md) | -1.7% | +8.4% |
| RICE | 2026-07-31 | [Asia rice: Tighter supplies, crop concerns push Indian rice export prices higher](https://feedsoft.ai/events/18428-asia-rice-tighter-supplies-crop-concerns-push-indian-rice-export-prices-higher.md) | +3.1% | +7.8% |
| RICE | 2020-03-30 | [Rice prices hit 6-year high as Thailand and Vietnam face drought - Nikkei Asia](https://feedsoft.ai/events/54207-rice-prices-hit-6-year-high-as-thailand-and-vietnam-face-drought-nikkei-asia.md) | +4.2% | +21.5% |
| RICE | 2024-04-07 | [Bangkok Post - Rice exporters predict higher prices in Q2](https://feedsoft.ai/events/10811-bangkok-post-rice-exporters-predict-higher-prices-in-q2.md) | +6.6% | +16.0% |

## Sources

- stockbiz.vn: https://stockbiz.vn/en/news/asian-rice-prices-rise-to-highest-level-in-nearly-two-years/42649072

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