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Rice Posts Longest Run of Weekly Drops Since ’08 on Ample Supply
date:Jun 09, 2014
reported very good, and that has contributed to the speculative selling this week, said Neauman Coleman, president of Neauman Coleman Co in Brinkley, Arkansas. Uncertainty about Thailands rice policies also helped to depress market sentiment.

Rough-rice futures for July delivery rose 0.7 percent to close at $14.175 per 100 pounds at 1:15 p.m. on the Chicago Board of Trade. The price fell 5.4 percent this week, capping five straight declines that was the longest since August 2008.

Inventories

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