Average Cost of Rice in 2011

Rice is consumed widely, it being a staple food in many countries. There are several categories of this grain and each one of them has a separate price range. You can buy it from the wholesale market or the retail market. Both these markets have different price ranges. In 2011, the prices of rice in the wholesale and retail markets are 10.71 cents and $1.21 per pound respectively. However, people making their purchases from wholesale markets usually have to buy in very large quantities.