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The USDA Market News weekly review reports long and medium grain milled rice prices steady in the South, with California medium grain firm. CME rough rice futures for November, January and March closed lower on October 23, at 11.975, 12.28 and 12.535 per cwt.
Steady milled and futures prices signal balanced domestic supply and demand, so feed buyers should expect little price pressure from this routine review.
foxbusiness.comDow Jones NewswiresOct 23, 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.
