US rice futures fell at the Chicago Board of Trade on Wednesday, snapping a two-session winning streak amid pressure from plentiful global stocks, traders said. CBOT rough rice for March delivery ended down 13 cents at $14.32 a bushel. Asian rice prices fall further as supply rises from new crops.
Manila may buy more rice, nears deal with Thailand. India may supply limited quantities of rice to Bangladesh, indicating the government's confidence about food supplies in the comng months.