U.S. National Weekly Rice Summary

LITTLE ROCK - Aug 18/14 - 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 steady, however Louisiana
trading 1.00-3.00 lower; parboiled prices steady; second heads steady; brewers
steady.  Rice by-products:  rice bran prices mostly steady; rice millfeed steady;
hulls steady.  Louisiana new crop Rough Rice trading .41 cents CWT lower, however
very limited current trades as most farmers holding for higher prices.  Most current
Rough Rice trades due to storage issues for new crop.  Louisiana is currently
harvesting with parts of Texas and Arkansas just getting started harvesting, however
we have no current progress reports at this time.
   In California, old crop medium and short grain milled rice prices steady; second
heads and brewers steady.  Rice by-products:  rice bran prices steady; hulls steady.
Currently old crop trade very light with most producers waiting until new crop
harvest starts.  New crop harvest scheduled to start around Sept 1st with milled rice
available around Sept 15th.
   On the CME Rough Rice settlements for Friday August 15th, Sep 2014 contract closed
.05 higher at 12.905.  Nov 2014 closed .07 lower at 12.745.  Jan 2015 closed .075
lower at 12.935.  US dollar index on Friday August 15th settled at 81.45.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         27.00-28.50     29.50-30.50        27.00           -----
Medium grain       32.00-34.25        -----           29.00        45.00-47.00
Short grain           -----           -----           -----           46.00
Parboiled          28.50-31.50        34.50           34.50           -----
Second heads       22.00-25.00     25.00-27.00        20.00        27.00-29.00
Brewers            19.00-25.00     19.00-23.00        18.50        21.00-24.00
ROUGH RICE
Long grain            -----           -----           12.88           -----
   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         125.00-150.00      130.00       125.00-135.00      195.00
Rice millfeed         60.00            NE             45.00           -----
Rice hulls(ground)    45.00            NE             15.00        65.00-70.00
*M = mostly.
*NE = Not Established.
Source:  USDA Market News Service-AR Dept. of Ag Little Rock, AR

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