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.

    i

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 Your email will not be published or shared with third parties.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

    AFB Rice Close: Mostly Lower in Narrow Range4-23

    Senate Expected to Pass Upcoming Tax-Extenders Bill – DTN (Updated)4-23

    Keith Good: Are Grain Producers Braced for Downturn?; El Nino in July?4-23

    AFB Rice Close: Unchanged to Slightly Higher4-22

    Texas Crop Weather: Most Pecans, Peaches Undamaged by the Freeze; Jury Still Out on Wheat4-22

    DTN Fertilizer Trends: Prices Higher for 9th Straight Week4-22

    Keith Good: Winter Wheat Conditions Worsen; Planting Progress Sluggish4-22

    Texas: Planting Continues in Dry, Windy Conditions – USDA4-21

    California: Cotton Planting Nears Completion, Rice Planting Begins – USDA4-21

    Missouri: Corn Planting Reaches 26%, Rice at 9% – USDA4-21

    Arkansas: Planting Continues Where Conditions Permit – USDA4-21

    Louisiana: Field Work in Full Swing – USDA4-21

    AFB Rice Close: Futures Mixed on Planting Delays4-21

    Chemtura AgroSolutions Acquired by Platform Specialty Products4-21

    Florida: Saturated Fields Halt Planting – USDA4-21

    Keith Good: Citrus Disease Bites Florida; USDA to Track All PEDv Cases4-21

    Arkansas Rice: Progress; Command By Air; Water Seeding; Markets4-19

    Arctic Warming Tied to Our Extreme Weather? Maybe. – DTN4-18

    Texas Rice: Garry McCauley Retires After 39 Years and Many Accomplishments4-18

    Keith Good: China’s Secret – Contaminated Farmland; Expect Drought Persistence4-18

    Rice Farmers In Midsouth Looking For A Break In The Weather – AgFax4-18

    AFB Rice Close: Across the Board Losses4-17

    Keith Good: China’s Rejection of GMO Corn May Have Cost U.S. Ag $2.9B4-17

    AFB Rice Close: Higher After Relatively Wide Trade4-16

    Keith Good: Cold Snap on East Coast Troubling; Wheat Futures Up Again4-16

    AFB Rice Close: Futures Mostly Lower4-15

    Cheminova Introduces Cercobin Fungicide For Field Crops4-15

    Keith Good: Ukraine Concerns, Weather Behind Surge in Grain Prices4-15

    Keith Good: Farm Incomes Expected to Drop 27%; Cotton Market Overheating4-14

    AFB Rice Close: Another Day of Gains4-11

    Keith Good: Senators Defend GMO Technology; Crop Insurance Distribution by State4-11

    AFB Rice Close: Prices Swing Back to Strong Gains4-10

    Keith Good: Drought Continues to Ravage California and Texas4-10

    AFB Rice Close: Prices Turn Mostly Lower4-9