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Rice trade moved lower during the week ending August 6, 2021, with September rough rice futures losing about 48.5 cents over three sessions before a modest Thursday rebound to $13.28½. Corn and soybeans offered no support as milder weather pressured them.
Export sales to Iraq and Mexico supported new-crop long-grain positioning.
Routine weekly wrap with export sales details; the price moves are described without a strong new supply shock, so the impact on feed-linked markets is limited.
ricefarming.comVickyAug 8, 2021Not 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.
