Rough Rice futures commentary for March 15th.

Rough rice futures finished stronger as the market continued to bounce from recent losses. The modest recovery extended gains from Friday. “We’ve had a heck of a break in the last five days, the last 10 days,” a trader says. “We’re just digesting that.” May rice as of Monday’s close was down $1.27 1/2 on the month. Volume was thin in futures and options. Sep rice had solid technical support at and below Friday’s close of $12.43 per hundredweight, a trader says. There were small pops of buying interest in the market, as opposed to sustained interest, he says. May rice rose 5 1/2 cents to $12.48 1/2, and Sep rice ended up 2 1/2 cents at $12.65.