AFB Rice Close: Prices Continue to Slip
Rice prices closes down again today. Good weather and good harvest progress continues to weigh on the market. Rice prices continue to be unable to maintain strength and show any signs of a significant rally. The market maintains support near $15.40.
|Long Grain Cash Bids||– – –||1478/cwt|
|Long Grain New Crop||– – –||1376/cwt|
With near-record corn and soybean crops predicted in the U.S. and big crops also expected in Canada, railroad companies in both countries are gearing up for what looks to be