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The USDA Market News weekly review reports steady southern long and medium grain milled rice prices and steady California prices. It also gives rice planting progress, with Arkansas 84% planted and Texas 70%, and CME rough rice futures settlements.
Most states are ahead of average on planting, except Texas.
The report confirms that prices held steady in early May with no new supply or demand shock. It offers little direction beyond the existing planting and weather picture.
foxbusiness.comDow Jones NewswiresMay 1, 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.
