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, considers the bounce off the lows a victory: “This was a win, even though we had markets down a little bit for the week.”
GAO called for USDA to enhance its procedures, including providing data to the Committee on Foreign Investment in the U.S.
AgDay TV Markets Now: Tomm Pfitzenmaier, Summit Commodity Brokerage, says corn and soybeans see a lack of follow through buying Friday and fail to confirm the lows are in.
What caused the price pressure again this week? Naomi Blohm of Total Farm Marketing by Stewart-Peterson and John Payne of hEDGEpoint Global join U.S. Farm Report to discuss what the market is watching.
Cotton surged to a two-and-a-half-month high in early trade and notched gains for the fourth straight session amid U.S. dollar weakness, a rally in equities and robust export demand.
Grains close mixed & fail to confirm a low with a lack of follow through in corn & soybeans after reversals, strong weekly exports and China soybean biz. Tomm Pfitzenmaier, Summit Commodity Brokerage, has more.
We asked seven commodity market analysts to give commodity market outlooks for 2024 With their insights, the bearish market conditions will carry over, with a slightly more optimistic outlook for soybeans over corn.
Grains extend gains after reversals, with strong exports & China soybean sales. Kevin Duling, KD Investors, says he can’t confirm a low yet. Cattle consolidate ahead of COF, while crude oil sees profit taking as well.
Cattle 2-sided after chart breakout, awaiting cash and the COF. Hogs continue to correct. Grains extending gains after reversals and with better export news. Scott Varilek, Kooima Kooima Varilek, has more.
Dan Basse: “Importantly, managed money is sitting on their largest net short CBOT grain position in four years.”