market

• By Scott Stiles • The U.S. Department of Agriculture released its much-anticipated June Acreage report this week. The most surprising aspect of the report was the lack of change from the March intentions. Likely the report left traders with more...

• By Scott Stiles • Although the futures market disagreed and closed lower on Thursday, the June WASDE adjustments were somewhat favorable for rice. The “new crop” or 2021/22 long-grain ending stocks were reduced 2 million cwt to 30.1 million....

• By Scott Stiles • For rice, it has been a shortened week of narrow trading ranges and declining volume. Open interest was leaking steadily this week out of the old crop July contract and building gradually over in the...