Rough Rice trades at $18.27 per cwt, after ending yesterday at $18.26.
United States Producer Price Index is next.
This uncertain state for CME Rough Rice is reflected by published market data as highly important Crude Oil Inventories data from United States beat analyst expectations of -917,000 with a reading of 2.95 million. United States Consumer Price Index released yesterday at 12:30 UTC with a figure of 4.9%, while the previous figure was 5%. United States Core Consumer Prices came out at 0.4%, while a consensus of analysts was expecting 0.4%.
Meanwhile, mixed performances are seen in other Grains as after ending yesterday's session at $337.5, Oats lost $3.75 and is trading around $333.75.
Data to be released later is expected to clarify investor sentiment while boosting price action volatility as United States Producer Price Index is projected to outperform its last figure with 0.3%, having previously been at -0.5%. The figure will be published today at 12:30 UTC. Today at 12:30 UTC data for United States Initial Jobless Claims will be released, with an expected decline to 245,000 from the preceding figure of 242,000.
The commodity has been trending positively for about 30 days. The Rough Rice future has recovered 13.38% since descending to a significant low of $16.11 around 10 months ago.