Agfax Buzz:

    April 2, 2012

    AFB Rice Close: Futures Turn Higher

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Rice Comment
    Rice futures turned higher. USDA says 2.561 million acres of rice will be planted this year, down from 2.689 million last year. However, long grain acreage is expected to top last year’s acreage at 1.864 million acres. Declining production should provide underlying support for the market. At the same time, poor export movement keeps everything in touch with reality.

     

    Long Grain Cash Bid for March 1309/cwt  to - – -
    NC 1382/cwt  to - – -

     

    Chicago Futures: May up 12 at 1488 1/2
    July up 12 at 1515 1/2
    Sept up 11 at 1538
    Nov up 8 at 1560
    March ’12 unchanged at 1600

    Today’s Arkansas LDP rate for long grain rice is

    medium grain rice is

    Leave a Reply

    Name and Email Address are required fields. Your email will not be published or shared with third parties.

    Agfax Rice News

    Tax Extenders Delays Bad for Economy, Says Senator – DTN11-25

    AgFax Rice Review: Iraq Resumes U.S. Purchases; Cambodia Wins Best Rice Award11-25

    Texas Crop, Weather: Water Supply, Crop Prices Remain a Concern11-25

    Keith Good: Farmers Care About a Labor Force, Not Politics — AFBF11-25

    AFB Rice Close: Futures Turn Lower11-24

    Louisiana: Rains, Frost Keep Growers Out of Fields – USDA11-24

    Louisiana Rice: Last of Verification Fields Harvested, Yields Good11-24

    DTN Fertilizer Outlook: Winter’s Arrival May Delay Some Buying11-24

    Arkansas: Rice, Cotton Yields Get Boost from Weather11-24

    Keith Good: EPA Decision on Renewable Fuels Mandate Delayed to 201511-24

    Rice Comment: The Case for Neonicotinoid Seed Treatment11-22

    U.S. Rice: Rain Stalls Texas 2nd Crop Harvest; Crop Sales Continue11-22

    Rice Market: Sale to Iraq Moves the Market11-22

    Ag Labor: Immigration Order Provides Little Long-Term Benefit – DTN11-21

    AFB Rice Close: Prices See More Slight Gains11-21

    Ag Policy: Farm Bills Need Long-Term View11-21

    Mississippi: 7 Farm Bill Workshops Slated for December11-21

    Vilsack: Immigration Order Creates ‘Stability’ in Ag Work Force — DTN11-21

    Keith Good: What’s Next for Meat Labeling?; Sugar Prices Take Tumble11-21

    Mississippi: Water Conservation Summit, Stoneville, Dec. 1011-20

    Mississippi Rice: Irrigation Trial Summary – Alternate Wetting and Drying11-20

    Farm Internet Service Still Slow or Non-Existent, But Improving – DTN11-20

    AFB Rice Close: Prices Continue to Climb11-20

    U.S. Drought Outlook: Improvements Expected for California, Southwest11-20

    U.S. Energy: Planned Refinery Maintenance Light in 201411-20

    Propane Stocks: Post Slight Increase11-20

    Gasoline Prices: Decrease by 5 Cents11-20

    Diesel Prices: Average Drops 2 Cents11-20

    Keith Good: Weather Brings Close to Upper Mississippi Shipping Season11-20

    AFB Rice Close: Bulls Carry the Day11-19

    Keith Good: Farm Industry Divided over Immigration Executive Order11-19

    AFB Rice Close: Futures Turn Higher11-18