STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - May 12/14 - 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 Trend
   In the south, long and medium grain rice prices steady; parboiled prices steady;
second heads and brewers steady.  Rice by-products:  rice bran unevenly steady to
15.00 lower; rice millfeed and hulls steady to 5.00 lower.  Rough rice prices traded
steady.
   In California, medium grain milled rice prices steady; short grain milled rice
prices not established; second heads prices steady; brewers prices steady.  Rice by-
products: rice bran prices steady to firm; hulls steady.  Rough rice prices not
available.
   On the CME closes for Friday May 9th, Rough Rice futures for July settled .07
lower at 15.43.  The September settled .05 lower at 14.435.
                   Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain        27.50-28.50     29.50-30.50     23.00-28.00        -----
Medium grain      32.00-34.25        -----        25.00-32.00     46.00-49.00
Short grain          -----           -----           -----            NE
Parboiled         30.00-31.50        34.50           34.50           -----
Second heads      22.00-25.00     25.00-27.00        20.00        26.00-31.00
Brewers           19.00-24.00     19.00-23.00        18.50        21.00-26.00
ROUGH RICE
Long grain        15.60-16.00        -----        15.40-15.73         NA
   Domestic shipment: Offers, fob mills, milled rice, spot prices, dollars per cwt,
bagged. (All milled rice grade No 2 not to exceed 4 percent broken, 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.
Rice by-products (spot prices, dollars per short ton, fob mills).
Rice bran        115.00-135.00   125.00-140.00      120.00          195.00
Rice millfeed        60.00           65.00           55.00           -----
Rice hulls           35.00           20.00        10.00-15.00        20.00
*N = nominal.
*M = mostly.
*NE = Not Established.
Source:  USDA Market News Service-AR Dept of Ag Little Rock, AR

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