U.S. National Weekly Rice Summary

LITTLE ROCK - Sep 8/14 - 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 prices mostly steady; parboiled steady; second
heads steady; brewers steady to weak.  Rice by-products:  rice bran prices mostly
steady; rice millfeed 5.00 to 10.00 lower; hulls steady mostly steady.  Louisiana new
crop Rough Rice prices .08 cents CWT lower, however very limited current trades as
most farmers holding for higher prices.  Louisiana and Texas preparing to complete
first cut.  Arkansas just getting into harvest with reported yields below average.
   In California, old crop medium and short grain prices steady; second heads and
brewers steady to weak.  Rice by-products:  rice bran prices steady to 5.00 higher;
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 2 to 4 weeks.  Drought conditions still present
throughout California.
   A large US rice harvest continues to put downward pressure on CME Rough Rice
futures.  CME Rough Rice settlements for Friday Sep 5th, Sep 14 contract closed down
.025 at 12.375, Nov 14 closed .03 lower at 12.49 and Jan 15 closed down .02 at 12.71.
US dollar index on Friday Sep 5th settled at 83.85.
                    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        25.00-29.00
Brewers            19.00-24.00     19.00-23.00        18.50        20.00-24.00
ROUGH RICE
Long grain            -----           -----           12.67           -----
   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         135.00-150.00   130.00-140.00      140.00          200.00
Rice millfeed         60.00            NE              NE             -----
Rice hulls(ground) 30.00-35.00         NE              NE             70.00
*M = mostly.
*NE = Not Established.
Source:  USDA Market News Service-AR Dept. of Ag Little Rock, AR

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