U.S. National Weekly Rice Summary

LITTLE ROCK - May 12/08 - 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     40.00-45.00    41.00-45.00   42.50-44.00
Medium grain   36.00-45.00                  36.00-40.00   35.00-43.00
Short grain                                               44.00-44.50
Parboiled      47.00-51.00    43.00-48.00         50.00
Second heads   26.00-30.00    26.00-27.00   21.00-26.00   26.00-38.00
Brewers        25.00-27.00    25.00-27.00   19.00-25.00   21.00-30.00

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

Rice bran     110.00-125.00 115.00-117.00 100.00-120.00 135.00-160.00
Rice millfeed   52.00-62.00         50.00      no quote
Rice hulls      32.00-37.00         15.00      no quote         24.00

                             Domestic Situation

   Domestic milled rice price quotes were mostly steady in south this week.
Price spreads in California have begun to narrow up however prices have
continued to move upward. By-products were uneven, mostly steady to lower in the
south and steady to lower in California.

   In the south, long grain rice price quotes were steady, quoted mostly at
44.00-45.00; medium grain prices were steady to instances 5.00 higher, quoted
mostly at 40.00-42.00 in very tight supply; parboiled quotes were steady to
instances 4.00 higher, quoted mostly at 47.00-48.00; second heads were steady,
quoted mostly at 26.00-27.00; brewers were steady, quoted mostly at 25.00. Rice
by-products: Offers for rice bran were unevenly 5.00 higher to 8.00 lower,
mostly steady to 8.00 lower; millfeed was steady to 8.00 lower; hulls were
unevenly 2.00 higher to 5.00 lower, mostly steady to 5.00 lower.

   In California, medium grain milled rice prices were steady to 3.00 higher,
quoted mostly at 40.00-43.00; short grain prices were steady to 11.00 higher;
second heads were 1.00-11.00 higher, quoted mostly at 27.00-28.00; brewers were
steady to 5.00 higher, quoted mostly at 23.00-25.00. Rice bran was steady to
20.00 lower; rice hulls were steady.

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

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STAT News Service