According to the chart in the article (which only discusses the price of one specific type of rice) almost all of the price drop occurred over 2024, and it’s only dropped a little more throughout 2025 so far. Maybe compare to your rice order a year ago
The prices discussed in the article are wholesale commodity prices and do not reflect retail markups. The price you’re paying accounts for transportation costs, store salaries, and much more, whereas the prices in the article is what rice farmers are selling for. Also, short term price fluctuations are unlikely to impact retail prices at all, where long term fluctuations may impact prices slowly over time, assuming retailers decide to pass cost savings on to customers at all
I can math, it’s always been an easy A. But economics twists my head. Half of it seems reliant on the neighborhood of make-believe and chaos. I believe you but I’m not going to pretend to understand it.
I checked current prices against my last order, 2 months ago, and I don’t see a price change on the bags of rice.
According to the chart in the article (which only discusses the price of one specific type of rice) almost all of the price drop occurred over 2024, and it’s only dropped a little more throughout 2025 so far. Maybe compare to your rice order a year ago
20lb bags of jasmine rice.
2023: $16.97
2024: $16.97
2025: $18.55
The prices discussed in the article are wholesale commodity prices and do not reflect retail markups. The price you’re paying accounts for transportation costs, store salaries, and much more, whereas the prices in the article is what rice farmers are selling for. Also, short term price fluctuations are unlikely to impact retail prices at all, where long term fluctuations may impact prices slowly over time, assuming retailers decide to pass cost savings on to customers at all
I can math, it’s always been an easy A. But economics twists my head. Half of it seems reliant on the neighborhood of make-believe and chaos. I believe you but I’m not going to pretend to understand it.