It’s time to get to work on the 2019 season already. As usual, it’s time to start considering where we might go in terms of rice acres for the year.
It sounds at the moment like we will plant at least as many acres in 2019 as we did in 2018 which was 1.44 million acres (harvested 1.422).
For 2019, we’re pointed toward 1.5 million acres up to 1.6 million acres. As in the past, rotational commodities are going to play a role in that, primarily soybean and corn prices.
In 2018 it was very likely that we would plant over 1.5 million acres until a late spring push in soybean prices that helped to draw rice acres down. That type of price increase seems unlikely to happen again in 2019, but I could argue it seemed unlikely in 2018 too. Who really knows what’s about to happen with soybeans?
Generally speaking we will be in the neighborhood of 200,000 acres of medium grain rice. That would put long grain acres at 1.3 million. I don’t expect acres in other rice states to change that much from 2018 so we should see similar total acres for the total U.S. But as the old farming adage goes, “it all depends.”