Rice Prices Extend Rally to One-Year High as Crop Concerns Mount

May 20, 2026, 9:47 AM UTC

A benchmark Asia rice price rose to the highest in more than a year, as worries loom over harvests across the region.

Prices for Thai 5% broken white rice climbed to $446 a ton as of Wednesday, the highest since February 2025, according to the Thai Rice Exporters Association. It marks a third weekly gain and comes after the US Department of Agriculture forecast global rice production in the 2026-27 season to decline for the first time in 11 years.

A spike in fertilizer and fuel prices has raised concerns that some farmers in Southeast Asia may skip planting ...



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