U.S. National Weekly Rice Summary

LITTLE ROCK - Sep 2/14 - 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 grain prices mostly steady to 2.00 lower; medium grain prices
steady; parboiled prices mostly steady to 3.00 lower; second heads steady; brewers
steady to weak.  Rice by-products:  rice bran prices steady to 10.00 higher, mostly
5.00 higher; rice millfeed steady to 10.00 higher; hulls steady to 10.00 lower.
Louisiana new crop Rough Rice .29 lower, however very limited current trades as most
farmers holding for higher prices.  Louisiana and Texas currently about 70% completed
rice harvest.
   In California, old crop medium and short grain prices steady; second heads and
brewers steady.  Rice by-products:  rice bran prices steady; hulls steady.
Currently, very limited trade with most producers waiting to see what new crop
brings.  Majority of farmers have shut water off and waiting for fields to dry.
Harvest looks to start in about 3 to 4 weeks.  Drought conditions still present
throughout California.
   On the CME Rough Rice settlements for Friday August 29th, Sep 14 contract closed
down .10 at 12.585, Nov 14 closed .15 lower at 12.665, Jan 15 closed down .15 at
12.86.  US dollar index on Friday August 29th settled at 82.79.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         25.00-28.50     29.50-30.50        27.00           -----
Medium grain       32.00-34.25        -----           29.00        45.00-47.00
Short grain           -----           -----           -----           46.00
Parboiled          27.00-31.50        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            -----           -----           12.59           -----
   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         130.00-150.00   130.00-160.00      140.00          195.00
Rice millfeed      65.00-70.00         NE             45.00           -----
Rice hulls(ground) 25.00-40.00         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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