STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Jul 14/14 - 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 steady; brewers steady.  Rice by-products:  rice bran prices mostly
steady, instances 5.00 lower in Arkansas; rice millfeed lightly tested; hulls steady
on a limited test.  Rough rice new crop prices newly established so trend not
applicable, however a lower undertone was noted.
   In California, medium and short grain milled rice prices steady; second heads and
brewers steady.  Rice by-products:  rice bran prices steady to 5.00 higher; hulls
5.00 higher.
   On the CME Rough Rice settlements for Friday July 11th, September 2014 closed .25
lower at 13.205.  November 2014 closed .235 lower at 13.44.  US dollar index on
Friday July 11th settled at 80.19.
                   Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain        27.25-28.50     29.50-30.50        28.00           -----
Medium grain      32.00-34.25        -----           32.00        46.00-47.00
Short grain          -----           -----           -----           48.00
Parboiled         29.25-31.50        34.50           34.50           -----
Second heads      22.00-25.00     25.00-27.00        20.00        26.00-29.00
Brewers           19.00-24.00     19.00-23.00        18.50        21.00-24.00
ROUGH RICE
Long grain           -----           -----           13.64           -----
   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        135.00-160.00   130.00-160.00   120.00-130.00   200.00-215.00
Rice millfeed         NE              NE          55.00-60.00        -----
Rice hulls           50.00            NE          10.00-15.00        30.00
*M = mostly.
*NE = Not Established.
Source:  USDA Market News Service-AR Dept. of Ag Little Rock, AR

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