Rough Rice Commodity Markets, Prices & Futures
Use the chart below to check futures prices for rough rice. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
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Latest News From Rough Rice
Jerry Gulke, president of The Gulke Group, says it doesn’t matter whether farmers believe the USDA report or not because it’s what the market is trading.
Brian Grete with Commstock Investments says a corn yield decrease was built in ahead of the report with average trade guesses .7 bu. lower than September. This is the largest October yield increase back to 2004.
Randy Martinson of Martinson Ag, says risk off selling in the grains was tied to harvest pressure and report squaring.
Grain markets were lower on Wednesday and again Thursday as the market positions ahead of the October WASDE. However, Cory Bratland with AgMarket.Net says weekly exports may have also added to the negativity.
The grain market was also seeing some squaring ahead of the October WASDE according to Rich Nelson of Allendale.
Repeated wetting and drying cycles are causing mold, seed discoloration and pod shattering in Midwest fields from Nebraska to Ohio. Here’s how to prioritize harvest and protect grain quality.
Grains and cattle were seeing some profit taking after the strong rally on Tuesday says Brady Huck of Empower Ag Trading.
Allison Thompson with The Money Farm says talk of China pricing soybeans is welcome as they’ve been relatively quiet over the last couple of weeks.
Darin Newsom with Barchart says most of the bounce in grains is tied to technical and corrective buying as the markets got oversold.
Don Roose of U.S. Commodities says grain markets bounced off key technical support on Monday but are marking time ahead of the WASDE.