# Rice Futures Hover Around 2024-Highs

> Rice futures eased to about $17.20 per hundredweight as traders took profits, but remained near their highest level since June 2024. El Niño-related risks in Asian rice-growing regions, including a weak Indian monsoon and potential heat, drought and flooding impacts in Thailand, have raised supply concerns; India’s large inventories may cushion its expected production decline.

- Date: 2026-11-10 · published 2026-11-11T15:06:44.895Z
- Category: weather · region Asia · magnitude medium
- Page: https://feedsoft.ai/events/93660-rice-futures-hover-around-2024-highs
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Weather-related production risks could tighten rice supply and support prices, although India’s accumulated stocks may limit the impact. Recent profit-taking has eased prices but has not removed the underlying supply concern.

## Read by commodity

- RICE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2026-05-05 | [Rice Futures at Over 8-Month High](https://feedsoft.ai/events/10151-rice-futures-at-over-8-month-high.md) | +4.6% | +11.3% |
| RICE | 2017-08-28 | [Rice Futures Hit 22-Month High As Uncle Ben Says ‘I Told You So’ – Heisenberg Report](https://feedsoft.ai/events/69526-rice-futures-hit-22-month-high-as-uncle-ben-says-i-told-you-so-heisenberg-report.md) | +2.2% | -3.0% |
| RICE | 2017-05-31 | [U.S. rice prices could be headed higher in 2017-18](https://feedsoft.ai/events/71084-u-s-rice-prices-could-be-headed-higher-in-2017-18.md) | -0.8% | +0.9% |
| RICE | 2026-06-30 | [Rice Hits 12-month High](https://feedsoft.ai/events/18866-rice-hits-12-month-high.md) | 0.0% | +3.4% |
| RICE | 2020-03-12 | [Asia Rice-Thai drought raises supply jitters, Vietnam rates at over 1-yr high](https://feedsoft.ai/events/7548-asia-rice-thai-drought-raises-supply-jitters-vietnam-rates-at-over-1-yr-high.md) | +10.1% | +10.3% |

## Sources

- squawknews.com: https://squawknews.com/news/890135-rice-futures-hover-around-2024-highs

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