Agfax Buzz:

    May 9, 2013

    AFB Rice Close: Ended Higher On Limited Activity

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Rice

    Rice futures ended higher on limited trade activity. U.S. export demand remains good with Texas and Louisiana mills seeking supplies from outside sources. Columbia, Haiti, and Iran have all been buyers of U.S. rice and keeping mills schedule well into June. Asian rice offerings are plentiful with the general market undertone working lower amid concerns about huge Thai intervention stocks.

    Long Grain Cash Bid for May - – -  to - – -
    NC 1442/cwt  to - – -

     

    Chicago Futures: May up 21 at 1528 1/2
    July up 11 at 1534
    Sept up 8 1/2 at 1521 1/2
    Nov up 8 1/2 at 1537 1/2
    Jan up 8 at 1555 1/2
    Today’s Arkansas LDP rate for long grain rice is
    medium grain rice is

     

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