Arkansas Rice Prices Fully Recovered, State Ag Secretary Says

From this afternoon's Daily from the USA Rice Federation:

Arkansas Rice Prices Fully Recovered, State Ag Secretary Says
Rice cash and futures prices in Arkansas have recovered from their September slump, Arkansas Agriculture Secretary Richard Bell told a joint session of the state’s House and Senate agriculture committees today.

“We have fully recovered on a cash basis, in my judgment, what we had lost earlier,” Bell said, citing a current cash price of $3.71 per bushel, as rice is measured in Arkansas.

Bell also told the joint committee that the cause for the trace presence LLRICE601 likely resulted from mechanical co-mingling, but noted that USDA’s Animal and Plant Health Service investigation was likely to not be completed until late December.