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    February 26, 2013

    AFB Rice Close: Futures Firm Slightly

    AgFax.Com - Your Online Ag News Source

    Closing commodity reports from the Arkansas Farm Bureau Commodity Staff.

    Rice Comment
    Rice futures firmed slightly after dropping over a dollar in the last two weeks. U.S. export sales and shipments continue at a good pace, but big world stocks, particularly in Thailand are hanging over the market. It appears that Iran may move to Thailand after making several purchases from the U.S.

    Long Grain Cash Bid for Feb 1438/cwt  to - – -
    NC 1479/cwt  to - – -

     

    Chicago Futures: March up 6 at 1548
    May up 5 1/2 at 1578
    July up 4 1/2 at 1606 1/2
    Sept up 4 1/2 at 1558 1/2
    Nov down 8 at 1551
    Today’s Arkansas LDP rate for long grain rice is 0¢
    medium grain rice is 0¢

     

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