Commodity Bull Market
Commodity news and insights for traders and investors.
Thursday, February 03, 2011
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"
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