Cash Milk

A group of people which included my mom bought 1 ton of rice from a local rice mill today. The cost was $550 per ton. That means there was going to be forty 50lbs bags of rice at about $13.75 per bag ($.28 per lbs). A regular bag of 50lbs rice bag at the local grocery store is about $32, that is 1/3 of what they would pay at the grocery store.

Well I made some rice this afternoon and the rice taste better than the bagged rice. It taste fresh, a bit more starchy, could be the species of rice.The rice I would say is fluffy, has good color. The aroma is also different. This look to be short grain rice.

Rice prices Over 5 Years Per Ton

Rice according to this graft has gone from $300 per ton to $600 per ton over the last 5 years. That is a 100% increase. Below is the 30 year graph. 2008 was the year we had a global rice shortage crisis. You can draw your own comparison.


In case you wanted to know. California is the number 2 state when it comes to rice production, Arkansas is number 1. California is known for the short and medium Japonica species.

*this morning I arose to the smell of a sweet fragrance of jasmine type rice. I then realize that it was the rice my mother had just purchase in bulk yesterday. The rice seemed to be pretty consistent overall after an overnight stay in the rice cooker.

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One Response so far.

  1. That's pretty crazy that the price of rice has gone up so much. I guess that's everything else in terms of commodities. How are we going to be able to keep up with the demand now that we have over 7 Billion people...Crazy I tell ya...

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