U.S. National Weekly Rice Summary

LITTLE ROCK - Jul 23/12 - 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.) Rough rice per cwt FOB farm for grade 2, milling 55/70.

                 Arkansas        Texas       Louisiana       California
MILLED RICE
Long grain     24.50-25.00    26.00-27.50    24.75-25.00
Medium grain   27.00-27.50                   27.50-32.00     33.50-35.00
Short grain                                                  34.50-36.00
Parboiled      27.75-31.50    29.00-33.50          34.50
Second heads   18.00-18.50          17.50    17.50-18.50     21.00-25.50
Brewers        17.00-18.00    16.50-17.25    15.50-17.25     18.00-19.00

ROUGH RICE
Long grain          NA               NA            14.20         NA

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

Rice bran     150.00-180.00        180.00         140.00   170.00-185.00
Rice millfeed      no quote      no quote       no quote
Rice hulls            30.00      no quote       no quote       1.00-4.00

                             Domestic Situation

   Domestic milled rice price quotes were steady this week in the south and
steady in California. By-products were steady to higher in the south and steady
to higher in California. Bids for Louisiana rough rice were unchanged.

   In the south, long grain rice price quotes were steady, quoted mostly at
24.50-25.00; medium grain prices were steady; parboiled quotes were steady,
quoted mostly at 27.75-28.50; second heads were steady; brewers were steady.
Rice by-products: Offers for rice bran were steady to 55.00 higher, mostly 5.00-
20.00 higher; millfeed was untested; hulls were steady. Louisiana rough rice was
steady.

   In California, medium grain milled rice prices were steady; Short grain
milled rice was steady; second heads were steady to 50 cents higher; brewers
were steady. Rice bran was steady to 5.00 higher; hulls were steady with some
reportedly being given away.

*N = nominal.
*M = mostly.

Source:   USDA- AR Coop Ext Service, Little Rock, AR

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STAT News Service