USDA estimates California and U.S rough and milled rice stocks 5 times per year. Today, they released the report that looks at total rough and milled rice stocks on March 1, 2018, which includes 2017 crop and older rice that is in storage.
California: Rough rice stocks in all positions on March 1, 2018 totaled 19.31 million cwt, down roughly 32 percent from the total on March 1, 2017 which was 28.51 million cwt.
Milled rice stocks on March 1, 2018 totaled 950 thousand cwt, which is up slightly from the total on March 1, 2017 of 924 thousand cwt.
United States: Rough rice stocks in all positions on March 1, 2018 totaled 83.4 million hundredweight (cwt), down 22 percent from the total on March 1, 2017. Stocks held on farms totaled 12.6 million cwt and off-farm stocks totaled 70.8 million cwt. Long grain varieties accounted for 70 percent of the total rough rice, medium grain accounted for 28 percent, and short grain varieties accounted for 2 percent. Milled rice stocks in all positions totaled 5.46 million cwt, down 12 percent from a year ago. Milled rice stocks were comprised of 3.10 million cwt of whole kernel rice and 2.36 million cwt of second heads, screenings, and brewers rice.
To read the full report and view graphs and tables of U.S. Stocks click here.