Rice Resilient

Rice Resilient

Maybe it’s not time to quit on Rice yet!

Sorry – wrong rice 🙂

Close call for me – I had my stop down at 23.50. I was sure I was going to be stopped out, and am glad I hung on and waited to “take it like a man”, rather than just selling around 23.70 (which I thought about).

After watching this market non-stop for the last two months or so, I definitely find today’s rally (pleasantly) surprising. Lately rice has been stronger trading in the Asia sessions than the US – so I figured a down night in Asia last night would be the end of the line.

Stay tuned – we’ll check back in on this one Sunday evening!