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A Missouri Bootheel rice farmer has marketed about 20% of his crop and is holding back sales because basis has widened. He says cash needs to reach about $6.75 to breakeven, and cash is currently in the low $6s.
Wide basis reflects milled rice prices lagging futures, so growers hold supply until cash bids improve, which can tighten nearby physical availability.
brownfieldagnews.comCarah HartSep 9, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
