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AFB Rice Close: Prices Continue to Slip

Ernst Undesser
By Ernst Undesser September 25, 2013

Rice Comment

Rice prices closes down again today. Good weather and good harvest progress continues to weigh on the market. Rice prices continue to be unable to maintain strength and show any signs of a significant rally. The market maintains support near $15.40.

        
         
High Low
Long Grain Cash Bids – – – 1478/cwt
Long Grain New Crop – – – 1376/cwt

 

Futures:
High Low Last Change
Nov ’13 1561.0 1544.0 1548.0 -0.5
Jan ’14 1577.0 1565.5 1566.0 -1.0
Mar ’14 1585.0 1585.0 1586.0 -3.0
May ’14 1604.0 -3.0
Jul ’14 1617.5 -3.0
Sep ’14 1475.5 -3.0
Nov ’14 1475.5 -3.0

 

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Ernst Undesser
By Ernst Undesser September 25, 2013