AFB Rice Close: Across the Board Losses
Rice posted across the board losses, but continues to trade in a narrow sideways pattern. While U.S. demand for rice remains good, large global supplies and increased export competition are limiting U.S. export opportunities. With news that the Thailand government is selling rice at a loss, look for U.S. exports to remain suppressed. Resistance for March is $15.74. Support begins at $15.36.
|Long Grain Cash Bids||– – –||1495/cwt|
|Long Grain New Crop||– – –||1340/cwt|
Get it in writing. That may be the single most important message conveyed at a series of Rancher Leasing Workshops, which culminated in Amarillo recently, according to presenters. The workshops