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Rice Explodes Higher

Rice Explodes Higher

May 16, 2017

In the wake of the May WASDE report, the price of rice futures have exploded higher and have broken technical resistance levels. In my latest article for Seeking Alpha, I review the recent action in the rice market and explain why no one should trade this illiquid commodity but how the sudden change in fundamentals in rice is a lesson for the primary grains and prices in the wheat, soybeans, and corn markets.

Article: Rice Explodes Higher 

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