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The USDA Market News weekly rice review for Arkansas, Louisiana, Texas and California reported milled rice prices mostly steady across the southern states, with California medium grain steady to firm. CME rough rice futures closed about 10 to 12 cents higher for March, May and July 2018 delivery.
Steady spot quotes and modestly higher futures point to a stable US rice market with no new supply or demand shock.
foxbusiness.comDow Jones NewswiresJan 29, 2018Not 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.
