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• India Pepper finishes down on higher production concerns
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CHICAGO (Commodity Online): US rice futures end lower as the USDA continues to show large supplies and weak demand.

The USDA cut projected US rice exports by 1 million metric tons to 89 million, while also raising world production and stockpile estimates.

The market has been under pressure for months by weak fundamentals.

CBOT March rice ends down 12 1/2c to $14.08 per hundredweight.

Courtesy: CME group

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