Market Outlook
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The Economic Research Service (ERS) conducts a variety of market
outlook activities on the rice industry. Details on major changes
and events in the world rice market are published monthly in Rice Outlook (previously published outlook
reports are also available). An annual report provides a recap of the previous
market year.
ERS--along with USDA's World Agricultural Outlook Board,
Agricultural Marketing Service, Farm Service Agency, and Foreign
Agricultural Service--develops USDA's monthly World Agricultural Supply and Demand Estimates
report (WASDE). WASDE provides supply and disappearance tables
for all-rice, long-grain rice, and combined medium/short-grain rice
for the domestic rice market. For the global market, WASDE provides
an all-rice supply and disappearance table.
Long-term supply and utilization projections for rice are
published in USDA Agricultural
Baseline Projections, released annually in February. For
further information on the supply and demand issues underlying the
baseline for rice, see the following: