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
New lows in corn & soybeans on risk off funding selling following crude oil, plus rains in Brazil. Cattle off highs, despite strong cash & wx. Hogs extend gains. DuWayne Bosse, Bolt Marketing, has more.
Noted ag economist Dr. David Kohl forecasts tighter margins in the year ahead and emphasizes the need to globalize and future-proof operations.
Brazil is seeing a sudden shift in weather with heavy rains now forecasted over the next two weeks. While it will bring relief to drought areas, it could cause harvest delays and issues planting the safrinha corn crop.
AgDay TV Markets Now: Darren Frye, Water Street Solutions, discusses if the grain markets can recover after an ugly week and going into the WASDE.
A recap of this week’s price action and outlook broken down into the next 5, 30 and 90 day segments.
Darren Frye with Water Street Solutions says there are no signs of a low yet in the soybean and corn markets, but Chicago wheat may have confirmed a bottom and will be the leader of the three wheat classes.
Soybean prices continued to slide this week on news that a wetter weather pattern is blanketing Brazil. The rains are giving the crops a much-needed drink after battling severe drought conditions at the end of 2023.
Corn and soybeans lower on fund selling w/poor exports & removing Brazil wx premium, wheat up on short covering. Cattle set back with softer cash, while hogs bounced. Darren Frye, Water Street Solutions, has more.
Brazil exported 3.829 MMT of soybeans during December, according to official government data.
Corn falls and soybeans make new lows for the move w/exports a MYL, & better Brazil wx. Wheat bounces on short covering. Cattle 2-sided with beef lower, cash higher. Crude oil up. Darin Newsom, Barchart, has more.