how the cash spot market can disconnect from the futures Current furures contract on rice (July) $14.80 cwt - Friday Bugie bid just over $9.00 cwt delivered to one of their river facilities.
Interesting. Its always good to see how markets can disconnect. I have another one. In dairy milk powder frequently trails the cash market by 2 months or so, due to how the "market" price is calculated. Too many people not involved in them do not realize there are issues like this in every market. The make the mistake of thinking if the reported market price less than cash price, they can make money in the market. It doesn't always work that way. Thank you for bringing the topic up.
