UACES Facebook U.S. and Global Rice Situation and Outlook
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Food and Agribusiness Webinar Logo

Food and Agribusiness Webinars

Webinar Series Produced by University of Arkansas System Division of Agriculture


Host and Interviewer

Bobby Coats
Professor - Economics

University of Arkansas System Division of Agriculture
Department of Agricultural Economics and Agribusiness

Executive Producer

Mary Poling
Coordinator of Interactive Communications

University of Arkansas System Division of Agriculture
Office of Information Technology

U.S. and Global Rice Situation and Outlook

by Bobby Coats - September 27, 2018

The September 27, 2018 webinar analyzed the most current USDA forecasts for both the U.S. and global rice markets. For the U.S., a substantial increase in supplies, more competitive prices, and record global import demand are expected to boost U.S. rice exports 13 percent. Despite larger exports, U.S. ending stocks are projected to increase 53 percent. In the world market, smaller crops in India and China are projected to pull global production down 1 percent from the 2017/18 record. World rice trade is projected to again reach a new record, led by increased demand from Sub-Saharan Africa and the Middle East, as well as by continued strong purchases by China.

Nathan Childs, Agricultural Economist with USDA’s Economic Research Service Bio Photo

Nathan Childs is an agricultural economist with USDA’s Economic Research Service. His current activities include managing ERS’ contribution to the rice situation and outlook program and supporting the Department’s annual Baseline forecasting activities. Nathan joined ERS in 1987. During his career, he has worked on a variety of topics including U.S. rice consumption patterns, global trade liberalization, farm program analysis, and supported emerging market projects to Taiwan, China, Vietnam, and Haiti. In the early 1990s, Nathan was editor of USDA’s weekly Agricultural Outlook magazine.