CBOT Rice Review: Falls Expanded Limit On Fund Liquidation

Chicago Board of Trade rice futures ended sharply lower Tuesday, with deferred contracts falling the expanded daily limit as the market continued to retreat following a recent rally.

Nearby May rice, which was trading without limits ahead of first notice day Wednesday, closed down 71 cents at $22.59 per cwt after hitting a session low of $21.59 1/2. July rice ended limit down, or 75 cents lower, at $22.93.