STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - May 27/14 - 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 steady; 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; brewers steady.  Rice by-products: rice bran prices steady; hulls
steady.
   On the CME closes for Friday May 23rd, Rough Rice futures for July 2014 settled
.075 lower at 15.245.  The September 2014 contract settled .02 lower at 14.48.  The
November 2014 contract closed .005 lower at 14.585.
                   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

---

STAT News Service

Only active subscribers can read all of this article.

If you are a subscriber, please log into the website.

If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.