# Rice market upate for the week ending June 4, 2021 - Rice Farming

> The CBOT September rough rice contract traded in narrow ranges and resisted rising above $13.60 in the week ending June 4. Open interest rolled from the July contract into September, and the U.S. crop was rated 74% good to excellent. Traders are watching the June 10 WASDE and the June 30 acreage report.

- Date: 2021-06-05 · published 2021-06-05T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/46674-rice-market-upate-for-the-week-ending-june-4-2021-rice-farming
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Expectations of lower U.S. rice acreage given high corn and soybean prices could support rice prices. Until the June 30 acreage report, the market is likely to stay range-bound.

## Read by commodity

- RICE: neutral

## Sources

- ricefarming.com: https://www.ricefarming.com/market/rice-market-upate-for-the-week-ending-june-4-2021/

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