LITTLE ROCK - May 19/14 - 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 mostly steady; second heads and brewers steady. Rice by-products: rice bran steady to 15.00 higher, mostly 5.00 to 10.00 higher; rice millfeed steady; hulls steady with limited available sales. Rough rice prices steady. In California, medium and short grain milled rice prices steady; second heads prices steady to weak; brewers steady. Rice by-products: rice bran prices steady to firm; hulls steady. On the CME closes for Friday May 16th, Rough Rice futures for July 2014 settled .02 higher at 15.40. The September 2014 contract settled .01 lower at 14.47. The November 2014 contract closed .01 higher at 14.605. Arkansas Texas Louisiana California MILLED RICE Long grain 27.50-28.50 29.50-30.50 28.00 ----- Medium grain 32.00-34.25 ----- 32.00 46.00-48.00 Short grain ----- ----- ----- 49.00 Parboiled 29.50-31.50 34.50 34.50 ----- Second heads 22.00-25.00 25.00-27.00 20.00 26.00-30.00 Brewers 19.00-24.00 19.00-23.00 18.50 21.00-26.00 ROUGH RICE Long grain ----- ----- 15.42 ----- 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 120.00-150.00 130.00-145.00 120.00-125.00 195.00-198.00 Rice millfeed 60.00 65.00 55.00 ----- Rice hulls 35.00 NE NE 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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STAT News Service
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