U.S. National Weekly Rice Summary

LITTLE ROCK - Jul 28/14 - 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 mostly steady with
limited available inventory; parboiled prices steady; second heads steady; brewers
steady.  Rice by-products:  rice bran steady to 15 lower with the full decline in
Arkansas; rice millfeed steady to 5 lower; ground hulls steady to 20 lower on limited
current sales.  Rough rice new crop prices .35 per CWT lower on limited current
trades, however majority of producers opting to wait and see.  Unseasonably cool and
wet pre-harvest conditions are affecting rice crops as we are hearing reports of
disease and pests in rice fields throughout the south.
   In California, old crop medium and short grain milled rice prices mostly steady 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 25th, September 2014 closed .145
lower at 12.94.  November 2014 closed .135 lower at 13.175.  US dollar index on
Friday July 25th settled at 81.04.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         27.00-28.50     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            -----           -----           13.29           -----
   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         125.00-160.00   130.00-155.00   120.00-130.00   200.00-210.00
Rice millfeed      65.00-70.00         NE          50.00-55.00        -----
Rice hulls(ground) 30.00-50.00         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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