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Texas rice inventory was about 1.75 million cwt unsold as of mid-February, roughly 11% of the 190,000-acre crop. Mills have bought heavily in recent weeks, but the overall market is described as quiet.
Limited unsold stocks and active mill buying support local cash bids, though the quiet market limits price moves.
mrtireautoservice.comFeb 21, 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.
