Agfax Buzz:

    October 29, 2013

    AFB Rice Close: Retraces Losses with Sharp Gains

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Rice Comment

    November rice completely retraced Monday’s losses and ended the day up sharply. The market again found resistance at $15.60, however. USDA says that 94% of the U.S. crop has been harvested, while Arkansas farmers ended last week with 92% of their crop in the bins. World supplies are comfortable, with a large stockpile of rice in Asia looming over the market, limiting upside potential.

     

    High Low
    Long Grain Cash Bids - – - 1478/cwt
    Long Grain New Crop - – - 1387/cwt

     

    Futures:
    High Low Last Change
    Nov ’13 1560.0 1533.5 1558.0 +22.0
    Jan ’14 1548.0 1525.5 1547.5 +21.5
    Mar ’14 1556.0 +15.0
    May ’14 1576.0 +14.5
    Jul ’14 1585.0 +14.5
    Sep ’14 1487.0 +13.5
    Nov ’14 1487.0 +13.5
    Jan ’15

     

    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 Your email will not be published or shared with third parties.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

    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

    Mississippi: Water Conservation Summit, Stoneville, Dec. 1011-20

    Mississippi Rice: Irrigation Trial Summary – Alternate Wetting and Drying11-20

    Farm Internet Service Still Slow or Non-Existent, But Improving – DTN11-20

    AFB Rice Close: Prices Continue to Climb11-20

    U.S. Drought Outlook: Improvements Expected for California, Southwest11-20

    U.S. Energy: Planned Refinery Maintenance Light in 201411-20

    Propane Stocks: Post Slight Increase11-20

    Gasoline Prices: Decrease by 5 Cents11-20

    Diesel Prices: Average Drops 2 Cents11-20

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

    AFB Rice Close: Bulls Carry the Day11-19

    Farm Runoff Targeted for Regulation Following Algal Bloom Shutdown – DTN11-19

    California: Rice Strawlage Field Tours Set for Dec.11-19

    Big River Rice And Grain Enhances, Expands Facilities In Arkansas, Louisiana11-19

    Keith Good: Farm Industry Divided over Immigration Executive Order11-19

    Farm Bill Commodity Program: Decisions and More Decisions11-18

    AFB Rice Close: Futures Turn Higher11-18

    Young Farmers: USDA is the ‘Lender of 1st Opportunity’ – DTN11-18

    Tax Extenders: Farm Groups Push Congress to Renew Section 179 This Year – DTN11-18

    DTN Fertilizer Trends: Prices Show Little Movement11-18

    Keith Good: GMO Corn Suits Mount for Syngenta; Armyworm Concerns Grow11-18

    Keith Good: ‘Quality’ Farmland Value Up 11.8%, says St. Louis Fed11-17

    Rice Market: Iraq Snubs U.S. Again, Discouraging USDA Reports11-14

    AFB Rice Close: Futures Positive to End Week11-14