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The USDA weekly rice review for October 16 reports southern long and medium grain milled rice prices steady and California medium grain steady to firm. CME rough rice futures for November, January and March closed lower, at 12.12, 12.425 and 12.645 per cwt.
Routine price reporting with steady cash prices and slightly softer futures points to little change in domestic rice supply tightness.
foxbusiness.comDow Jones NewswiresOct 16, 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.
