CBOT Updates: Rice ends higher

MUMBAI (Commodity Online): US rice futures finish higher with corn and wheat as the grains strengthen on weather worries.

Traders will digest planting data from the USDA in a weekly crop report due at 4 p.m. EDT. Rice planting is expected to remain behind normal after getting off to a slow start due to wet weather.

A week ago, 57% of the crop was sown, below the average of 76% for that time of year. CBOT July rice ends up 12c at $14.10 1/2 per hundredweight.

Courtesy: CME Group

(Source: http://www.commodityonline.com/futures-trading/market/CBOT-Updates:-Rice-ends-higher-22330.html)