U.S. rice futures tumble on increased supply outlook
SEOUL (Reuters) - U.S. rice futures fell more than 3 percent in early Asian trading on Wednesday, extending an overnight fall on an expected rise in global rice output this year.
At the Chicago Board of Trade, U.S. rough rice futures for July delivery RRN8 fell 3.4 percent, or 75 cents, to $21.49 per hundredweight. September contract RRU8 also fell 3.8 percent, or 74 cents, to $18.85.
(Reporting by Miyoung Kim; editing by Jonathan Hopfner)
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