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
Corn bounces off new lows, soybeans lower eyeing Brazil rains and wheat seeing profit taking. Grain markets face shipping issues & farmers are more unsold than normal. Nick Tsiolis, Farmers Keeper.
Hot, dry weather in Mato Grosso, Brazil’s top soybean producing state, is expected to reduce soybean production by around 20% in 2023-24, according to farmer group Aprosoja.
AgDay TV Markets Now: Kevin Duling, KD Investors, says soybean market falls with rain forecast in Brazil, despite lower estimates and corn follows. Why does wheat buck the trend?
“I’m shooting for consistent averages around 75 or 80 bushels without stacking inputs,” says Matt Griggs. “ROI don’t lie.”
The latest computer forecast models for ENSO events suggest El Niño peaked a few weeks ago and will begin a steady decline in January.
Soybean fall with Brazil rain forecast; corn follows with concerns about the MX rail issue. Wheat sees short covering with talk of China biz. Cattle consolidate awaiting cash/COF. Kevin Duling, KD Investors has more.
Soybeans fall on Brazil rain forecasts pulling down corn, plus U.S. MX rail issue. Wheat sees corrective buying. Cattle mixed awaiting COF & cash, hogs fall w/LHI. Vince Boddicker, Farmers Trading Company, has more.
Cattle trade 2-sided early awaiting COF but with improved cash ideas, hogs drift with lower cash, cutouts and eye Prop 12 changes, Corn and beans fall with rains in SA. Scott Varilek, Kooima Kooima Varilek, has more.
Brazil shipped 2 MMT of soybeans during the first half of December...
AgDay TV Markets Now: Shawn Hackett, Hackett Financial Advisors, discusses how much Brazil risk premium soybeans need to add, why wheat tumbled and if cattle can continue to recover.