U.S. National Weekly Rice Summary

LITTLE ROCK - Jul 21/14 - 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, old crop long and medium grain rice prices remain steady; parboiled
prices steady; second heads steady; brewers steady.  Rice by-products:  rice bran
prices mostly steady; rice millfeed lightly tested; hulls steady on a limited test.
Rough rice new crop prices remaining steady to weak on very limited current sales,
however majority of producers opting a wait and see program.  Unseasonably cool and
wet conditions are affecting rice crops on both sides of the spectrum.  We are seeing
disease and pests have a field day.  However, cool temperatures promote low stress
which should ideally produce higher yields.
   In California, old crop medium and short grain milled rice prices steady to 1.00
lower on limited current sales; second heads and brewers steady.  Rice by-products:
rice bran and hulls prices steady to weak.  Trade very light with most producers at a
wait and see period.
   On the CME Rough Rice settlements for Friday July 18th, September 2014 closed .155
lower at 13.125.  November 2014 closed .14 lower at 13.35.  US dollar index on Friday
July 18th settled at 80.57.
                   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        45.00-47.00
Short grain          -----           -----           -----           46.00
Parboiled         29.25-31.50        34.50           34.50           -----
Second heads      22.00-25.00     25.00-27.00        20.00        27.00-29.00
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   200.00-210.00
Rice millfeed         NE              NE          55.00-60.00        -----
Rice hulls           50.00            NE          10.00-15.00     30.00-35.00
*M = mostly.
*NE = Not Established.
Source:  USDA Market News Service-AR Dept. of Ag Little Rock, AR

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