# Top Rice News: SK Production Falls, Basmati Prices & Open Market Sale

> South Korea's rice output fell 0.9% to about 3.5 million tonnes in 2026, its fifth consecutive annual decline, as cultivated area shrank to a record low. Indian basmati prices softened as buyers stepped back, and Bangladesh introduced a subsidised rice programme.

- Date: 2026-11-14 · published 2026-11-14T03:06:04.069Z
- Category: report · region Asia · magnitude low
- Page: https://feedsoft.ai/events/98869-top-rice-news-sk-production-falls-basmati-prices-and-open-market-sale
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Lower Korean output has little effect on global supply, while softer basmati prices suggest modest pressure on premium rice values.

## Read by commodity

- RICE: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2025-02-12 | [Midsouth Rice Production and Trade Update for 2024/25](https://feedsoft.ai/events/26131-midsouth-rice-production-and-trade-update-for-2024-25.md) | +0.1% | -3.1% |
| RICE | 2025-11-11 | [India’s lifting of rice export ban helped cool global food prices, says WTO \| Today News](https://feedsoft.ai/events/21916-india-s-lifting-of-rice-export-ban-helped-cool-global-food-prices-says-wto.md) | +3.1% | -0.3% |
| RICE | 2025-08-22 | [A Record Harvest, So Why Aren’t Rice Prices Falling?](https://feedsoft.ai/events/11820-a-record-harvest-so-why-aren-t-rice-prices-falling.md) | -1.8% | -2.0% |
| RICE | 2023-10-22 | [Mint Primer: Making sense of India’s record food production \| Mint](https://feedsoft.ai/events/33583-mint-primer-making-sense-of-india-s-record-food-production-mint.md) | +2.4% | +9.9% |
| RICE | 2025-08-29 | [Grain Journal \| Broken Rice Gains Traction in Feed and Food Markets,…](https://feedsoft.ai/events/23399-grain-journal-broken-rice-gains-traction-in-feed-and-food-markets.md) | +0.5% | -2.4% |

## Sources

- iref.net: https://iref.net/rice-news/sk-production-falls-basmati-prices-open-market-sale

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