U.S. National Weekly Rice Summary

LITTLE ROCK - Sep 22/14 - 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 trending steady in Texas and Louisiana.
However, Arkansas long and medium grain prices tending steady to 1.50 lower.
Arkansas Parboiled prices steady to 2.00 lower with all other areas remaining steady.
Second heads and Brewers remain steady.  Rice by-products:  rice bran prices mostly
steady, however instances of 15.00 higher in Texas; rice millfeed not well tested;
hulls mostly steady, instances 5.00-10.00 lower in Louisiana.  Louisiana Rough Rice
price not fully established, however a weak undertone was noted.  Farmers opting to
store their rice and wait for better market price results.
   In California, medium and short grain prices mostly steady, instances 1.00 higher.
Second heads prices steady to 1.00 higher.  Brewers prices steady.  Rice by-products:
rice bran prices mostly steady; hulls steady.  New crop rice harvest just getting
under way.  New crop rice is coming in with high moisture content which is requiring
longer and slower drying times.  Drought conditions still present throughout
California which has lowered estimated harvest acreages.
   CME Rough Rice settlements for Friday Sep 19th, Nov 14 closed .08 higher at 12.70
and Jan 15 closed .08 higher at 12.89.  US dollar index on Friday settled at 84.74.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         25.00-28.00     25.50-28.50        25.50           -----
Medium grain       30.50-34.25        -----           29.00        45.00-48.00
Short grain           -----           -----           -----           46.00
Parboiled          27.00-31.50        32.50           34.50           -----
Second heads       22.00-25.00     20.00-27.00        20.00        25.00-30.00
Brewers            19.00-24.00        19.00           18.50        21.00-24.00
ROUGH RICE
Long grain            -----           -----        12.35-12.67        -----
   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   130.00-150.00   130.00-150.00   200.00-220.00
Rice millfeed         60.00           55.00            NE             -----
Rice hulls(ground)    30.00        15.00-20.00     10.00-15.00        70.00
*M = mostly.
*NE = Not Established.
Source:  USDA Market News Service-AR Dept. of Ag Little Rock, AR

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