LITTLE ROCK - Nov 10/14 - 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 milled rice prices mostly steady. Parboiled prices steady to weak. Second heads and Brewers prices mostly steady. Rice by- products: rice bran, millfeed and ground hulls prices all steady. Louisiana Rough Rice price quotes steady, however no trades reported at this price level as the bid/ask price spread is too wide. Rice mills continue to operate at slower than optimal operating speeds. In California, medium and short grain rice prices mostly steady. Second heads and Brewers prices steady. Rice by-products: rice bran and hull prices steady. Water issues continue to be a hot topic for discussion throughout the state. Market seems to be at a standstill. CME Rough Rice settlements for Friday Nov 7th, Nov 14 closed .03 higher at 11.87; Jan 15 closed .025 higher at 12.115; Mar 15 closed .025 higher at 12.385. US dollar index on Friday settled at 87.64. Arkansas Texas Louisiana California MILLED RICE Long grain 24.00-27.00 25.50-28.50 24.50 ----- Medium grain 30.00-31.00 ----- 29.00 45.00-48.00 Short grain ----- ----- ----- 46.00-48.00 Parboiled 26.00-30.50 29.50-32.50 33.50 ----- Second heads 22.00-22.50 20.00-27.00 20.00 24.00-25.00 Brewers 18.00-20.00 18.00-19.00 18.50 19.00-20.00 ROUGH RICE Long grain ----- ----- 12.06B ----- 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 125.00-145.00 130.00-150.00 120.00-130.00 160.00-175.00 Rice millfeed 65.00 55.00 40.00-50.00 ----- Rice hulls(ground) 30.00-35.00 15.00-25.00 7.00-20.00 50.00-60.00 *M = mostly. *NE = Not Established. *B = bid price Source: USDA Market News Service-AR Dept. of Ag Little Rock, AR
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STAT News Service
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