This industry comprises establishments primarily engaged in rice (except wild rice) farming, field and seed production This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
Rice Goes Against the Grain
Rice farming is a small component of the farm sector, with the US considered only a minor grower of rice on a global scale. This exposes the industry to substantial levels of volatility. Price volatility is mitigated to some extent by the high level of assistance this industry receives from the Federal Government. The industry is both sensitive to erratic movements in the world price of rice as well as inputs into production such as fertilizer and seed.
