Both U.S. import and export forecasts for 2025-2026 rice were lowered in December. Imports were lowered by one million hundredweight to 49.7 million, with long-grain rice accounting for all the downward revision. Despite the reduction, both all-rice and long-grain imports remain forecast to be a record-high. Total U.S. rice production in 2025-2026 remains projected at 207.3 million hundredweight, down almost seven percent from the prior year. The lower import forecast reduced the U.S. total supply forecast to one million hundredweight, just 0.4 million hundredweight below the year-earlier record high. Total U.S. rice exports in 2025-2026 are reduced by two million hundredweight to 92 million, but still 1.6 percent above last year. For 2025-2026, the U.S. season-average farm price forecasts were lowered for both classes of rice, resulting in a $1.10 per hundredweight reduction in the all-rice price to $11.60 per hundredweight, 24 percent below the prior year.
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