U.S. National Weekly Rice Summary

LITTLE ROCK - Mar 10/08 - SNS -- The latest weekly rice market summary for the United States was released by the USDA today.

                       National Weekly Rice Summary
                 (Arkansas-Louisiana-Texas-California)

   Domestic shipment: Offers, fob mills, milled rice, spot prices, dollars
per cwt, bagged. (All milled rice grade No 2 not to exceed 4 percent brokens,
except California grade No 1. All second heads grade No 4 or better, second
head and brewers are bulk.)
	
                 Arkansas        Texas       Louisiana    California
Long grain     28.00-30.00    26.00-29.00   28.00-28.50
Medium grain   26.00-31.00                  26.00-27.00   27.50-29.00
Short grain                                               28.50-29.50
Parboiled      30.50-32.50    30.00-35.00         39.00
Second heads   17.00-19.00    17.00-18.00   17.00-18.00   22.00-24.00
Brewers        16.50-18.00    16.50-18.00   15.50-16.50   16.75-17.50

Feed by-products (spot prices, dollars per short ton, fob mills).

Rice bran            115.00        125.00        110.00 130.00-160.00
Rice millfeed   63.00-65.00      no quote      no quote
Rice hulls         no quote   12.00-15.00         15.00         24.00

                             Domestic Situation

   Domestic milled rice price quotes were steady to higher in the south and
in California. By-products were mostly steady to higher in the south and
steady in California.

   In the south, long grain rice prices were steady to 2.00 higher, quoted
mostly at 28.00-28.50; medium grain prices were steady to instances 5.00
higher, quoted mostly at 26.00-28.00; parboiled rice prices were steady to
2.00 higher, quoted mostly at 30.00-30.50; second heads were steady to 1.00
higher; brewers were steady to 1.50 higher, quoted mostly at 16.50-17.50.
Rice by-products: Offers for rice bran were steady to instances 15.00 higher;
millfeed was mostly steady, instances 11.00 higher; hulls were steady to 5.00
higher in a light test.

   In California, medium grain milled rice prices were steady, quoted mostly
at 27.50-28.00-; short grain prices were steady to 50 cents higher; second
heads were steady; brewers were steady to 25 cents higher. Rice bran was
steady; rice hulls were steady.

Source:   USDA-AR Extension Service, Little Rock, AR

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STAT News Service