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CBOT Rice Review: Settles Modestly Lower After USDA Report

By news desk on November 12,2007

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Chicago Board of Trade rice futures ended with modest losses Friday amid light trade as early aggressive commission house selling moved the market down.

On daily technical charts, January remained above its major moving averages and set another new life-of-contract high. January rice fell 6 cents to $12.77 per hundredweight.


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