Agfax Buzz:

    June 21, 2013

    AFB Rice Close: Futures Continued Lower

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Rice
    Rice futures continued lower today. According to USDA, the crop is now caught up with previous years. The question now is, how many acres were actually seeded and were they too late to achieve top yield-potential. This week’s action makes the charts look toppy, with September closing below $16. The sharp up-trend that began in May has been broken this week. Futures could be confirming a top at the recent high of $16.47 ½.

     

    Long Grain Cash Bid for June - – -  to - – -
    NC 1520/cwt  to - – -

     

    Chicago Futures: July down 6 1/2 at 1591
    Sept down 15 1/2 at 1589 1/2
    Nov down 14 at 1617 1/2
    Jan down 14 1/2 at 1640 1/2
    March down 14 at 1641
    Today’s Arkansas LDP rate for long grain rice is
    medium grain rice is

     

    Tags: , , , ,

    Leave a Reply

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 Your email will not be published or shared with third parties.

    Agfax Rice News

    AFB Rice Close: Jan, March Chart Bullish Key Reversals11-26

    Residential Heating Oil Prices Lower11-26

    Propane Stocks Fall 2M Barrels11-26

    Gasoline Prices Drop 7 Cents11-26

    Diesel Prices Fall 3 Cents11-26

    Farm Income Down 21%; Expenses Up 5.7% – USDA Forecast11-26

    Keith Good: Net Farm Income to Drop 21.1% from 2013, ERS Forecasts11-26

    Tax Breaks: Waiting for 2014 Equipment Deduction, Biofuel – 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

    AFB Rice Close: Prices Continue to Climb11-20

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

    AFB Rice Close: Bulls Carry the Day11-19