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USDA Supply/Demand Report: US Rice

By news desk on July 14,2008

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                          U.S. Rice Supply and Use 1/
                 (Rough Equivalent of Rough and Milled Rice)
=======================================
        Item                           2007/2008             2008/2009
                                prev        Jul 11      prev      Jul 11
=======================================
TOTAL                                     Million Acres
Area
 Planted                        2.76         2.76      2.77 *     2.90 *
 Harvested                      2.75         2.75      2.76 *     2.88 *
Yield per harvested                        Pounds
          acre                 7,185        7,185     7,145 *    7,121 *
                                     Million hundredweight
 Beginning stocks 2/            39.3         39.3       22.1       26.1
 Production                    197.5        197.5      197.0      205.0
 Imports                        22.0         23.0       23.0       23.5
   Supply, total               258.8        259.8      242.1      254.6
 Domestic & residual 3/        124.7        124.7      126.0      126.0
 Exports, total 4/             112.0        109.0       99.0      107.0
  Rough                         36.5         37.0       35.0       37.0
  Milled (rough equiv.)         75.5         72.0       64.0       70.0
   Use, total                  236.7        233.7      225.0      233.0
Ending stocks                   22.1         26.1       17.1       21.6
Avg. milling yield (%)5/        70.5         70.5       70.5       70.5
Avg. farm prc ($/cwt) 6/    35-12.65        12.80 16.50-17.5016.30-17.30
LONG GRAIN
 Harvested acres (mil.)         2.05         2.05       0.00       0.00
 Yield (pounds/acre)           6,929        6,929          0          0
 Beginning stocks               28.5         28.5       12.2       15.2
 Production                    142.2        142.2      142.0      154.0
   Supply, total 7/            186.2        186.7      170.7      185.7
 Domestic & Residual 3/         89.0         89.0       88.0       91.0
 Exports 8/                     85.0         82.5       72.5       81.0
   Use, total                  174.0        171.5      160.5      172.0
 Ending stocks                  12.2         15.2       10.2       13.7
 
MEDIUM & SHORT GRAIN
 Harvested acres (mil.)         0.70         0.70
 Yield (pounds/acre)           7,942        7,942
 Beginning stocks               10.0         10.0        9.1       10.1
 Production                     55.3         55.3       55.0       51.0
   Supply, total 7/             71.8         72.3       70.6       68.1
 Domestic & Residual 3/         35.7         35.7       38.0       35.0
 Exports 8/                     27.0         26.5       26.5       26.0
   Use, total                   62.7         62.2       64.5       61.0
 Ending stocks                   9.1         10.1        6.1        7.1

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