Rough Rice (CBOT) (RR) Futures

$18.435
-0.1050[-0.57%]
as of 2024-02-20
Q

What is rough rice?

A

Rough rice is also called paddy rice, and contains the whole rice grain and hull.

Q

How large are rough rice futures contracts?

A

Rough rice futures contracts generally contain 2,000 hundredweights of rice grain.

Q

Can businesses invest in rough rice?

A

Yes, rough rice is a good investment for businesses who want to hedge against inflation or lock in pricing for raw materials.

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