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CBOT Rice Review: Settles Lower On Speculative Selling

By news desk on March 23,2007

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Chicago Board of Trade rice futures finished lower Thursday as speculative and local selling kept the market under pressure all day.

May rice settled 9 1/2 cents lower at $10.13 1/2 cents per hundredweight and November fell 14 cents to $10.97.

Rice was on the defensive from the opening bell on light speculative selling, some of it technical in nature,


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