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CBOT rice closes higher
Reuters
CHICAGO ,Rough rice futures at the Chicago Board of Trade closed firm on Friday after a lightly traded session on speculative buying and local short-covering, floor traders said.
CBOT rough rice futures ended up 1 to 6 cents per cwt, with September up 6 cents at $7.43 per hundredweight and November up 1 cent at $7.35.
"There was also some covering of the September/November spread, as September rice has been gaining on the November," the CBOT rice trader said.
September rough rice closed near the top of the weekly trading range, while November ended in the bottom half of its weekly range.
Man Financial was a late seller, while overall trading volume was Very light, the trader said.
Estimated CBOT rough rice futures volume on Friday was 192 contracts, compared with 155 lots traded on Thursday. Options trade was 62 contracts.

MGR Archive 28.7.2003
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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