Agfax Buzz:

    February 14, 2014

    AFB Rice Close: Futures Move Lower

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Rice Comment

    Rice futures have turned lower today. Resistance at $15.80 has proved to be the top of the up-move this week. Demand remains strong and improving weather will allow farmers to begin to move rice out of their bins.

     

    High Low
    Long Grain Cash Bids - – - 1505/cwt
    Long Grain New Crop - – - 1320/cwt

     

    Futures:
    High Low Last Change
    Mar ’14 1576.5 1558.0 1558.5 -12.5
    May ’14 1561.5 1541.0 1541.5 -14.5
    Jul ’14 1520.5 -7.0
    Sep ’14 1404.0 1397.0 1395.5 -3.0
    Nov ’14 1383.5 -0.5
    Jan ’15 1394.0 -0.5
    Mar ’15 1395.0 -0.5

     

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