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AFB Rice Close: A Little Lower With Higher Movements

AaronT
By AaronT January 18, 2013 18:04

Rice

Rice closed the week a little lower as the market cant string consecutive days of higher movement together. Overall world supplies are capping upside potential as Thailand continues their intervention program. U.S. will need to see some new export sales in the week’s ahead to get the market moving higher.

        
         
Long Grain Cash Bid for Jan 1391/cwt to – – –
NC 1438/cwt to – – –

 

Chicago Futures: March down 8 at 1516
May down 7 1/2 at 1547
July down 5 1/2 at 1574
Sept down 5 1/2 at 1537 1/2
Nov down 5 1/2 at 1538 1/2
Today’s Arkansas LDP rate for long grain rice is
medium grain rice is

 


AaronT
By AaronT January 18, 2013 18:04

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