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|
By Emily Unglesbee DTN Staff Reporter USDA boosted corn acres above pre-report expectations to 94.15 million acres, up 7% from last year. Soybean acres also rose to 83.69 million acres,