| ROUGH RICE ($/Cwt.) |
Monday
Aug. 31 |
Tuesday
Sep. 1 |
Wednesday
Sep. 2 |
Thursday
Sep. 3 |
Friday
Sep. 4 |
Friday Yr. Ago
Sep. 5 |
| September 2009 |
13.85 |
13.71 |
13.62 |
13.90 |
13.92 |
18.50 |
| November 2009 |
14.08 |
13.92 |
13.85 |
14.10 |
14.15 |
18.50 |
| SOYBEANS ($/Bu.) |
| November 2009 |
9.80 |
9.56 |
9.51 |
9.42 |
9.22 |
12.27 |
| January 2010 |
9.81 |
9.60 |
9.54 |
9.46 |
9.27 |
12.34 |
| WHEAT ($/Bu.) |
| September 2009 |
4.71 |
4.59 |
4.57 |
4.51 |
4.44 |
8.44 |
| July 2010 |
5.44 |
5.32 |
5.31 |
5.22 |
5.15 |
8.79 |
| COTTON (¢/Lb.) |
| October 2009 |
57.76 |
56.37 |
56.89 |
57.15 |
57.53 |
80.10 |
| December 2009 |
59.74 |
58.35 |
58.91 |
59.24 |
59.63 |
81.50 |
| CORN ($/Bu.) |
| September 2009 |
3.26 |
3.12 |
3.13 |
3.11 |
3.01 |
6.04 |
| December 2009 |
3.30 |
3.19 |
3.19 |
3.16 |
3.06 |
6.00 |
| RFI Avg. Cash Price for Long Grain Rice ($/Bu.) |
| Cash Price at Elevator |
5.80 |
5.76 |
5.82 |
5.94 |
5.96 |
0.00 |
| LDP |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Cash |
5.80 |
5.76 |
5.82 |
5.94 |
5.96 |
0.00 |
Friday, September 4th, 2009
The CBOT soybean and wheat futures remain weaker ahead of the holiday weekend. Weakness in the neighboring markets is weighing on commodity prices causing potential buyers to take a step back and evaluate the positions they are in.
Precious metals and the dollar are on the rise this week. Gold is nearing $100 oz again and the strength in the dollar makes exports less attractive.
Warmer weather in the U.S. Northern Plains spring wheat region is boosting crop maturity and speeding along harvest, but showers that are forecast for early next week may slow things down some.
Rice harvest is underway on the Grand Prairie. The rain in the forecast may slow things down, but if the rain holds off more farmers should get into the fields over the weekend.
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. |
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