U.S. growers will harvest a record 7.78 million tonnes (245 million hundredweight) of rice, says the USDA, a hefty 6-percent increase from the projection made a month ago, thanks to larger plantings and higher yields. The larger crop is likely to depress the season-average price 5 percent from the $12.30 per hundredweight (100 pounds) for… » Read More
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