Rough Rice Looked Good Today – The Only Green on the Screen!

So far, so good on that “long rice” trade – always a good sign when your position is the only green on the screen!

Today was a forgettable one for most grains – but rice stood tall amidst the apathy. (Source: Barchart.com)

For some background on our rough rice trade…

• The favorable supply/demand fundamentals
• The two-year rice breakout that prompted us to “go long”