Agfax Buzz:

    September 25, 2013

    AFB Rice Close: Prices Continue to Slip

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    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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