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USDA market news reported southern milled rice prices steady to firm for the week ending December 4, 2017, with California medium grain firm. CME rough rice January, March and May 2018 contracts closed about 0.28 cents lower, at 12.18, 12.475 and 12.735 dollars per cwt.
Routine weekly price survey showing a modest futures decline; the move is small and does not change the supply outlook for feed buyers.
After 87 past bearish report events, RICE moved a median +0.0% over 5 sessions (53% higher; middle half -2.1% to +2.4%), and +1.1% over 20.
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.