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AFB Rice Close: Futures Move Lower

Ernst Undesser
By Ernst Undesser February 14, 2014 16:18

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

 


Ernst Undesser
By Ernst Undesser February 14, 2014 16:18

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