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Rice Backgrounder

Author

Listed:
  • Childs, Nathan
  • Livezey, Janet

Abstract

U.S. rice farming is a high-cost, large-scale production operation that depends on the global market for about half its annual sales. Government payments per acre are high compared with other program crops, as is the share of the sector’s income accounted for by payments. While domestic disappearance of rice continues to increase, the outlook for rice farm incomes is tempered by higher production costs, modest increases in farm prices, and continued strong competition in many international markets from lower cost Asian exporters. Financial and operating characteristics of U.S. rice farms, based on the 2004 Agricultural Resource Management Survey (ARMS), are reported here.

Suggested Citation

  • Childs, Nathan & Livezey, Janet, 2006. "Rice Backgrounder," Miscellaneous Publications 404194, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:404194
    DOI: 10.22004/ag.econ.404194
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