U.S. National Weekly Rice Summary

LITTLE ROCK - Oct 20/08 - 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     34.00-40.00     36.00-40.00    34.00-36.50
Medium grain   44.00-46.50                    40.00-46.50    45.00-52.50
Short grain                                                  49.00-53.50
Parboiled      37.00-44.00     40.00-46.00          50.00
Second heads   28.00-29.50     29.00-29.50    24.00-29.50    35.00-46.50
Brewers        25.00-28.00     28.00-29.00    23.00-28.00    26.00-35.00

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

Rice bran     120.00-145.00  120.00-145.00         125.00  140.00-180.00
Rice millfeed   58.00-70.00       no quote    55.00-58.00
Rice hulls            30.00       no quote    15.00-20.00          24.00

                             Domestic Situation

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

   In the south, long grain rice price quotes were steady to 2.00 lower, quoted
mostly at 34.00-36.00; medium grain prices were steady in very tight supply,
quoted mostly at 44.00-46.50; parboiled quotes were steady to 2.50 lower, quoted
mostly at 37.00-41.00; second heads were steady to 1.00 higher, quoted mostly at
28.00-29.50; brewers were steady to 2.00 higher. Rice by-products: Offers for
rice bran were steady to 10.00 lower; millfeed was steady; hulls were steady to
instances 10.00 lower.

   In California, medium grain milled rice prices were steady, quoted mostly at
46.50-47.50; short grain prices were steady; second heads were steady, quoted
mostly at 35.00-37.00; brewers were steady, quoted mostly at 26.00-28.00. Rice
bran was steady to 25.00 lower, quoted mostly at 140.00; rice hulls were steady.

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

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STAT News Service