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CBOT Rice Review: Record Highs, Soars Limit Up On Spec Buys

By news desk on March 03,2008

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Chicago Board of Trade rough rice futures surged to record highs Friday, soaring limit up on the close on late speculative buying amid a lack of sellers.

May rice settled 45 cents higher at $18.04 1/2 per cwt. July finished 50 cents higher at $18.34, and November rice settled 20 cents higher at $17.30.


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