Rough Rice Commodity Markets, Prices & Futures
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Latest News From Rough Rice
Brad Kooima of Kooima Kooima Varilek says with the confirmation of no cases of NWS in the U.S. the cattle market should rebound Tuesday. However, with outside markets seeing risk off selling that may temper some of the buying interest in cattle.
Jerry Gulke, president of The Gulke Group, says the report provided some valuable lessons about marketing.
Shawn Hackett with Hackett Financial Advisors says with corn and soybean prices plunging at the beginning of the week in response to the bearish USDA report, the lower price levels stimulated end user buying.
Joe Kooima with Kooima Kooima Varilek says cattle futures were down early on liquidation ahead of the three day weekend, lack of fed cash news and a rumor of NWS in the U.S.
John Heinberg with Total Farm Marketing says soybeans rallied with the surging bean oil market on Thursday on talk of favorable biofuels policy in the Renewable Fuels Standard.
Allison Thompson with The Money Farm thinks the bearish USDA report news is priced into the market and this weeks lows are likely to hold.
The first full week of 2026 marked another record for U.S. ethanol production.
Don Roose with U.S. Commodities says the bearish USDA report news has been largely factored in but corn and soybeans are establishing new lower trading ranges.
Corn and soybeans try to bounce Wednesday morning. Vince Boddicker with Farmers Trading Company says some of this is short covering or corrective buying as the market was oversold but he’s not sure the bearish USDA news is all digested.
Brian Grete with Commstock Investments says the corn market is still trying to digest the shock of USDA’s January reports. March corn futures came within striking distance of the Aug. 12 low at $4.10.