Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: East

Overproduction will be a mistake for rice producer in 2018

Overproduction of rice in 2018 could set the stage for lower prices.

Overproduction will be a mistake for .S. rice producers in 2018, says University of Arkansas Extension economist bobby Coats.

In an interview at the recent USA Rice Outlook Conference in San Antonio, Coats explained how the supply and demand situation could play out next year.

Across the Rice Belt, acreage will increase by around 17 percent to 2.9 million acres, according to the World Agriculture Supply and Demand Estimate (WASDE) report that came out Dec. 12. That report shows long-grain rice (2.175 million acres) accounting for most of the expansion. Medium and short grain area is projected at 725,000 acres.

“It is certainly important to understand that we do not need to overproduce, but should stay in a nice balance of supply and demand,” Coats said.

He explains further in this video.

TAGS: Marketing
Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.