Rough Rice Nov '24 (ZRX24)
Seasonal Chart
Price Performance
See More| Period | Period Low | Period High | Performance | |
|---|---|---|---|---|
| 1-Month | 14.360 +2.19% on 11/08/24 | | 15.250 -3.77% on 10/22/24 | -0.430 (-2.85%) since 10/14/24 |
| 3-Month | 14.360 +2.19% on 11/08/24 | | 15.570 -5.75% on 09/20/24 | -0.430 (-2.85%) since 08/14/24 |
| 52-Week | 14.220 +3.20% on 02/27/24 | | 15.865 -7.50% on 06/17/24 | -0.525 (-3.45%) since 11/14/23 |
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Basis didn't improve much, if any, and everyone appears to be holding their breath to see who pays up, and who doesn't.
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Grain markets had seen volatility rise over the last few sessions, presenting more tradable opportunities
May corn futures present a buying opportunity on more price strength.
Soybeans are trading with 3 to 4 cent front month losses so far on Tuesday morning. Futures closed with Monday losses of 2 to 4 cents in the nearbys. Some deferreds held up. Open interest was down 9,956...
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