RiceBran Technologies (RIBT): Louisiana crop loss 20% from their MAJOR...

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RiceBran Technologies (RIBT)

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Re: hawke post# 5477

Wednesday, 08/17/2016 6:30:13 PM

Wednesday, August 17, 2016 6:30:13 PM

Louisiana crop loss 20% from their MAJOR flood. Some of the 80% won't mill as good. I doubt RBT is getting all of the available rice in the area, so more is available, Former exec Olga Longen said that Lake Charles milled rice could go to Mermentau to be stabilized. We'll see how their procurement VP does here.

And rice is cheaper now than a month ago, so the markets don't see a big deal in spite of 27 " of rain.

http://www.finviz.com/futures_charts.ashx?p=d1&t=ZR

http://louisianacrops.com/wp-content/uploads/2016/08/LA-Rice-Notes-8.pdf

Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!

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