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CHICAGO, Oct 25: US rough rice futures on the Chicago Board of Trade plunged on Friday, falling in tandem with other financial and commodity markets amid fears of a global recession, traders said.
November rice closed 29 cents down at $14.41-1/2 per hundredweight.
Volume was moderate estimated at 1,122 futures and 80 options.
Dow industrials closed more than 300 points lower.
A stronger dollar, rising to two-year peak versus a basket of currencies, was also bearish it makes dollar-denominated commodities more expensive in world markets.—Reuters
