# Where are Grain Prices Heading in Q2?

> Rough rice futures fell 4.13% in 2023 and dropped a further 5.46% in the first quarter, settling near $16.36 per hundredweight. They were trading just under $16.20 on April 5.

- Date: 2024-04-05 · published 2024-04-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/10812-where-are-grain-prices-heading-in-q2
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Continued weakness in rough rice futures signals ample supply and softer rice prices, which lowers the cost of rice-based feed ingredients.

## Read by commodity

- RICE: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/25294796/where-are-grain-prices-heading-in-q2

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.