Agfax Buzz:

    November 20, 2013

    AFB Rice Close: Futures Lower After Again Failing at Resistance

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Rice Comment

    Rice futures were lower after again failing at resistance at $15.89 ½. The uptrend remains intact, though, with support currently near $15.35. Another week of lackluster exports continues to weigh on prices as huge global supplies at cheaper prices limit demand for U.S. rice.

     

    High Low
    Long Grain Cash Bids - – - 1504/cwt
    Long Grain New Crop - – - 1378/cwt

     

    Futures:
    High Low Last Change
    Jan ’14 1582.5 1565.0 1568.5 -15.5
    Mar ’14 1597.5 1582.0 1584.5 -15.5
    May ’14 1603.5 -15.5
    Jul ’14 1598.0 -15.5
    Sep ’14 1484.0 1484.0 1477.5 -9.5
    Nov ’14 1460.5 -9.5
    Jan ’15 1460.5 -9.5

     

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 Your email will not be published or shared with third parties.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

    DTN Fertilizer Outlook: Slow Demand Holds Prices Down1-26

    Louisiana: Stored Rice Pest Management Workshop Feb. 25 in Crowley1-26

    Keith Good: Farmland Holds its Value Despite Drop in Commodity Prices1-26

    Rice Market: Seen a Soybean Rally Lately? Some Farmers Look for Alternative Crop.1-23

    Missouri: Insect Management Guide, Resistence Research1-23

    Louisiana Rice: Stored Insect Pest Management Workshop, Crowley, Feb. 251-23

    AFB Rice Close: Futures End Just Above Support1-23

    Arkansas: Irrigation Expo Slated for Feb. 25 at Stuttgart1-23

    Arkansas: ASU’s Agribusiness Conference Slated Feb. 11 in Jonesboro1-23

    Keith Good: World Grain Inventories Headed for Highest in 30 Years1-23

    AFB Rice Close: Futures Fall with Lack of Export Report1-22

    Residential Propane Price Increases, Heating Oil Declines1-22

    Propane Stocks Fall Over 3M Barrels1-22

    Gasoline Prices Continue Downward1-22

    Farming and Bankruptcy – 9 Lessons You Need to Know1-22

    Diesel Drops Below $31-22

    Keith Good: U.S. Sorghum Demand Spikes as China Imports Increase1-22

    AFB Rice Close: Futures Move Higher on Building Support1-21

    Ag Policy: Trade May Be Only Bright Spot in 2015 Politics – DTN1-21

    Row Crop Margin Squeeze: 12 Strategies To Help You Survive1-21

    Family Farm Bankruptcy Clarification Act – 2 Important Points for Hard Times1-21

    Keith Good: Midwest Grain Farmers Brace for Big Losses in 20151-21

    Farmland Values Still Historically High in the Longterm – Regional Report1-20

    DTN Fertilizer Trends: Prices Edge Higher1-20

    AFB Rice Close: Lower in Narrow Range1-20

    Farm Taxes: Bill to Eliminate Capital Gains from Post-Bankruptcy Sales – DTN1-20

    Mississippi: Commodity Advisory Meeting Feb. 17 at Raymond1-20

    Keith Good: Cotton Prices Softening; EPA Faces Water Rule Hurdles1-20

    Keith Good: Water Regulations – Iowa Lawsuit Could Have National Implications1-19

    AFB Rice Close: Futures Turn Slightly Lower1-16

    Keith Good: New Herbicide-Resistant Cotton, Soybean Seeds Approved1-16

    AFB Rice Close: Futures Bounce Off New Lows1-15