Editor's Picks
Tag: rice prices
Rice Market: A Week of Give and Take Sep 5, 2022
It was a week of give and take in the rice market. After solid gains Tuesday and Wednesday for November futures, most of those were given back on Thursday with […]
Rice Market: Widening Spread in Sep/Nov Futures Spread Aug 27, 2022
This week we’ll shift our attention to November rice futures. Over the past week, open interest has been evaporating fast in the September contract. This exit is typical in the […]
Rice Market: Several Bearish Factors at Play, Basis Levels Steady Aug 21, 2022
At the very end of what was a bearish week, Chicago rice futures turned sharply higher on Friday. Ahead of the close, the September contract was trading 58 cents higher […]
Rice Market: Bearish Response to WASDE Report Aug 12, 2022
USDA released its’ August supply and demand estimates on Friday. The U.S. new crop long-grain balance sheet included increased supply, unchanged domestic use and exports, and higher ending stocks. Total […]
Rice Market: Strong Week for Prices Jul 24, 2022
After a 6-week absence, we finally got to see September rice trade above $17 again. The contract gained a combined 63 cents in Monday and Tuesday’s trading. By Wednesday, news […]
Rice Market: Significant Increases to Old and New Crop Long-Grain Imports Jul 16, 2022
USDA released its monthly supply/demand report on Tuesday (July 12). This month’s outlook for 2022/23 U.S. long-grain is for larger total supply, higher domestic use, lower exports, and larger ending […]
Rice Market Takes Sharp Turn Lower Jul 10, 2022
The rice market took a sharp turn lower following the June 30 USDA reports, as did soybeans. By the way, November soybeans traded to $15.07 ¾ on June 30th (report day) […]
Rice Market: USDA Offers Plenty of Info to Digest Jul 3, 2022
June 30 finally arrived and the USDA had plenty for the rice market to digest. Thursday’s lineup of reporting included Export Sales, Acreage, Rice Stocks and Agricultural Prices. We’ll try to touch on each report […]
Rice Market: Follows Broader Ag Selloff Jun 25, 2022
September rice futures traded mostly lower this week, following a broader ag market selloff. Cotton and grains offered no support to rice futures and the U.S. dollar is trading near […]
Rice Market: Sept. Contract Remains in Uptrend May 28, 2022
September rice futures are finishing the week strong with a 20-cent gain Thursday and further gains in early trading Friday. Following Thursday’s close at $17.50/cwt., fall delivery bids at mills […]
