Additional Resources | Market Risk in Rice
Videos and Media
News Video Network (August 2012) | Thailand's governing Pheu Thai party won last year's election partly based on a promise to improve the income of rice farmers. The government introduced a scheme which currently pays them around 50 to 60 per cent more than market prices. The International Monetary Fund estimates that this could amount to $3.8bn, excluding the cost of storage. Despite the cost, the government says it will continue with the programme, because it has a duty to look after farmers. But not everyone agrees that the benefits are worth it. Al Jazeera's Florence Looi reports from Bangkok. Watch Now
Bloomberg (February 2012) | Tom Slayton, former publisher of Rice Trader, talks about rice as "the diplomatic crop" and about the global rice market and the implications for prices. Slayton discusses the difference between national markets for Rice, particularly the Chicago exchange versus the Vietnmaese. Thailand and Vietnam are listed as the benchmarks for rice prices. He speaks with Tom Keene on Bloomberg Television's "Surveillance Midday." (Source: Bloomberg) Watch Now
Market Watch Resources
FAO Rice Market Monitor | The FAO Rice Market Monitor (RMM) provides an analysis of the most recent developments in the global rice market, including a short-term outlook. Presently, the full document is available only in English but highlights are available in Spanish and French.
USDA Economic Research Service Rice Market Outlook | The Economic Research Service (ERS) conducts a variety of market outlook activities on the rice industry. Details on major changes and events in the world rice market are published monthly in Rice Outlook (previously published outlook reports are also available). An annual report provides a recap of the previous market year.
CME Group Rough Rice Futures | Rough Rice futures provide a way to participate in price discovery for rough rice; enable merchandisers, producers, food processors and other commercial users to effectively manage price risk; evaluate or reflect on the current and future supply and demand situation for rough rice; identify short and long-term cyclical price and volatility patterns for rice; trade to hedge or speculate based on expectations of directional price or spread movement in rough rice; and, trade in liquid markets.
Documents & Resources
The FARMD Library holds several documents and resources related to market risk in rice. Visit the library now to find case studies, journal articles, books, and other documents. Start Browsing
Featured:
- CargoHandbook.com Rice Transport Guidelines
- Commodities Exchange: Options for Addressing Price Risk and Price Volatility in Rice, Asian Development Bank (ADB), 2012
- Guyana Rice Supply Chain Risk Assessement, The World Bank, 2010
Projects
- Oxfam America: Impact of Food Prices on Rice Farmers in Ghana
- International Rice Research Institute (IRRI): Rice Knowledge Bank: Grain Storage
Conference Proceedings and Materials
- ASEAN Rice Trade Forum: 19-20 June, 2012, ASEAN Secretariate and the Asian Development Bank.
- Expert Working Group Meeting on An ‘Asian Rice Futures Market’. 22–23 March 2012. RSIS Centre for Non-Traditional Security (NTS) Studies


