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East Arkansas | I’ve attached a 10 year chart on rice. Rice has been on a free fall for the past 6-8 months. There were reduced acres in the mid south this year and lower yields and this price is below the cost of production for anyone at any yield.
Curious what the chart guys see on this. Guess I should have attached a commitment of traders report as well to see what’s going on…
https://www.investing.com/commodities/rough-rice-streaming-chart | |
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What do the chart guys say about Rice?
