The USDA’s domestic rice ending stocks guess is down on the month, while the cotton carryout estimate is up. U.S. rice ending stocks are seen at 44.5 million hundredweight, 2.5 million below March on cuts to imports and domestic use, which canceled out a lower export projection. The average estimated 2024/25 farm price is $15.60 […]
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Rice ending stocks tighten as cotton moves higher
