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Riceland

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Riceland Foods, Inc.
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Riceland Daily Market Review: October 2 2009

ROUGH RICE ($/Cwt.) Monday
Sep. 28
Tuesday
Sep. 29
Wednesday
Sep. 30
Thursday
Oct. 1
Friday
Oct. 2
Friday Yr. Ago
Oct. 3
November 2009 13.20 13.30 13.31 13.30 13.10 17.28
January 2010 13.45 13.56 13.57 13.55 13.36 0.00
SOYBEANS ($/Bu.)
November 2009 9.20 9.17 9.27 9.18 8.85 10.45
January 2010 9.25 9.23 9.34 9.24 8.92 10.52
WHEAT ($/Bu.)
December 2009 4.56 4.48 4.58 4.53 4.41 7.24
July 2010 5.05 4.96 5.03 4.97 4.86 7.35
COTTON (¢/Lb.)
October 2009 61.50 60.05 61.34 59.84 59.26 69.40
December 2009 62.90 61.45 62.84 61.34 60.66 70.75
CORN ($/Bu.)
December 2009 3.39 3.41 3.44 3.41 3.34 5.10
March 2010 3.51 3.54 3.57 3.53 3.47 5.24
RFI Avg. Cash Price for Long Grain Rice ($/Bu.)
Cash Price at Elevator 5.53 5.58 5.58 5.58 5.49 0.00
LDP 0.00 0.00 0.00 0.00 0.00 0.00
Total Cash 5.53 5.58 5.58 5.58 5.49 0.00

Friday, October 02, 2009

U.S. soybeans, corn and wheat futures eased further on Friday weighed down by heavy losses on Wall Street and a stronger dollar that followed the poor U.S. economic data.

A U.S. government report released on Wednesday showing larger than expected soybean and wheat stocks continued to add a bearish tone.

The Dow and S&P 500 suffered their worst one day fall in three months on Thursday after economic reports fueled fears about a lack of recovery strength.

Oil fell Friday to trade around $70.47 per barrel after gaining slightly on Thursday as the negotiations with Iran about the Opec member’s nuclear program sparked concern that outweighed demand worries prompted by the poor U.S. economic data.

The forecast for the Grand Prairie for the next five days shows the first couple with sunshine and the next few with chances of rain that will slow down harvest again.

Please e-mail suggestions or comments about the Riceland Weekly Market Review to riceland@riceland.com.

Cwt. X 2.222 = Bushel
Bushel X 0.45 = Cwt.
Metric Ton X 22.046 = Cwt.
Metric Ton X 49 = Bushel
$/Cwt. X 0.45 = $/Bu.
$/Bu. X 2.222 = $/Cwt.

Riceland Foods, Inc.


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Riceland Foods, Inc.
P.O. Box 927
Stuttgart, Arkansas 72160
870.673.5500

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