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USDA market news reported long and medium grain milled rice prices steady to firm in the southern states and firm medium grain prices in California. CME rough rice January futures closed 12.5 cents lower at $12.295 per cwt on November 27.
Steady-to-firm cash rice prices alongside slightly lower futures show a balanced market with no strong new driver. The move is routine for feed buyers tracking rice.
foxbusiness.comDow Jones NewswiresNov 27, 2017Not 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.
