• WASDE Report Released

    Aug 12, 2016
    Total U.S. rice supplies for 2016/17 are lowered 2.2 million cwt from last month to 307.7 million, still the highest on record. Carryin is lowered 1.5 million cwt to 39.4 million due to 2015/16 revisions. The 2016/17 U.S. rice production forecast is lowered 700,000 cwt to a record 244.3 million based on the first survey-based yield forecast of the 2016/17 crop. At 7,659 pounds per acre, the 2016/17 yield is down 21 pounds from the previous projection.
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