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
Oats and wheat have been the superstars in commodity prices lately. As oats hit a new record high this week, spring wheat traded to the highest level since 2012.
Some Illinois elevators are taking soybeans with up to 18% moisture. Another option is if you have open bins with good air capacity, you might be able to put beans in the bin and apply air and heat to them.
For fiscal year 2021, USDA estimates total U.S. agricultural exports to be $173.5 billion. For next year, exports are projected to hit $177.5 billion.
The concept of “goal-based marketing” is easy to understand. The strategy links the sale of crops or livestock to a goal for your business.
Interest in renewable fuels burns bright and farmers will have some acreage decisions to make as production ramps up.
Every story has a beginning and an ending. The soybean story began in August 2020 after two years of a sideways base-building affair.
Southwest Airlines announced the airline plans to replace 10% of its total jet fuel consumption with the sustainable aviation fuel by 2030. The push for sustainable aviation fuel could be a big demand boon for soybeans.
It will take significant N bookings at higher prices or excess natural gas supplies to relight fires at fertilizer plants – and neither seems likely until summer 2022.
USDA’s October Crop Production and WASDE reports caused the soybean markets to tank Tuesday. One analyst says he thinks USDA’s soybean could could continue to rise as soybean demand shows signs of trouble.
USDA’s October report shows U.S. corn and soybean crops are larger than what USDA forecast in September, but the biggest question came to soybean demand. Soybean prices were down double digits after the report.