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CBOT Rice Review:Finishes Higher On Light Fund Buying

By news desk on November 22,2007

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Chicago Board of Trade rice futures settled higher Wednesday as modest fund buying lifted prices in thin dealings.

Overall activity was a bit quiet ahead of the Thanksgiving Day holiday as some participants were absent.

January rice settled 10 cents higher at $13.07 per hundredweight after reaching $13.11, the highest price since January 1988 on monthly continuous charts.


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