Rice

Rice is produced worldwide and is the world’s second or third largest staple crop, with corn being the largest and wheat nearly the same. Production is geographically concentrated in Western and Eastern Asia. Asia is the biggest rice producer, accounting for 90% of the world’s production and consumption of rice. China and India, which account for more than one-third of global population supply over half of the world’s rice. Brazil is the most important non-Asian producer, followed by the United States. Italy ranks first in Europe.
World trade figures are very different, as only about 5–6% of rice produced is traded internationally. The largest three exporting countries are Thailand, Vietnam, and the United States. Major importers usually include Bangladesh, the Philippines, Brazil and some African and Persian Gulf countries. Although China and India are the two largest producers of rice in the world, both countries consume the majority of the rice produced domestically, leaving little to be traded internationally.
PMEX Weekly RICE Contract
PMEX RICE IRRI-6