The present paper to estimated the situation of rice regarding its area and yield in Punjab, the estimation is based on time series data from 1980 to 2011. On the basis of minimum errors of accuracy measure quadratic model was selected. The estimated results revealed that there is an increasing trend in the area and yield of rice in Punjab. The area of rice was 276800 ha in 2012 and would be 2934280 ha in 2016. Likewise results about yield indicated that it was -1 -1 2438kg ha in 2012 and would be 2678kg ha in 2016. This increasing trend will provide a great opportunity for rice export from the country.