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Riceland Foods, Inc.
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Riceland Daily Market Review: October 9 2009

ROUGH RICE ($/Cwt.) Monday
Oct. 5
Tuesday
Oct. 6
Wednesday
Oct. 7
Thursday
Oct. 8
Friday
Oct. 9
Friday Yr. Ago
Oct. 10
November 2009 13.13 13.15 13.22 13.48 13.40 16.40
January 2010 13.38 13.40 13.48 13.73 13.65 0.00
SOYBEANS ($/Bu.)
November 2009 8.85 9.10 9.12 9.36 9.64 10.12
January 2010 8.91 9.14 9.17 9.39 9.67 10.20
WHEAT ($/Bu.)
December 2009 4.43 4.60 4.63 4.74 4.68 6.92
July 2010 4.87 5.04 5.07 5.20 5.16 7.03
COTTON (¢/Lb.)
October 2009 60.65 62.07 61.59 62.91 63.02 64.47
December 2009 61.59 62.98 62.50 63.65 65.63 67.97
CORN ($/Bu.)
December 2009 3.42 3.58 3.60 3.64 3.62 4.91
March 2010 3.54 3.71 3.72 3.76 3.75 5.04
RFI Avg. Cash Price for Long Grain Rice ($/Bu.)
Cash Price at Elevator 5.50 5.51 5.54 5.66 5.62 0.00
LDP 0.00 0.00 0.00 0.00 0.00 0.00
Total Cash 5.50 5.51 5.54 5.66 5.62 0.00

Friday, October 09, 2009

Some of the grains had a surprise rally on Friday after the big rally on Thursday. Soybeans went up, but wheat and corn went down due to the report that came out today which was bearish for corn and wheat.

Heavy rains and flooding in southern and eastern U.S. growing areas stalling fall harvest and potentially harming some crops. A freeze in the forecast for the Northern U.S. may also harm any portion of the crop that is not fully mature.

Rain on the Grand Prairie has put a hold on harvest with better weather in the forecast next week.

 

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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