U.S. National Weekly Rice Summary

LITTLE ROCK - Nov 17/14 - 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 fully steady.  Parboiled
prices steady, however a weak undertone was noted.  Second heads and Brewers prices
fully steady.  Rice by-products:  rice bran prices mostly steady, However Texas
prices trending 10.00-30.00 higher; Millfeed and ground hulls prices steady on
limited comparable sales.  Louisiana Rough Rice price quotes fully steady, however no
trades reported at this price level as the bid/ask price spread is too wide.  Rice
mills are operating at a steady pace to supply regular customers with product,
however, operating speeds slowed down to utilize a full week of milling.
   In California, medium and short grain rice prices mostly steady.  Second heads and
Brewers prices steady to 1.00 higher.  Rice by-products:  rice bran and hull prices
steady.  Water issues continue to be a hot topic for discussion throughout the state.
Contacts continue to supply regular customers with milled rice and rice by-products.
   CME Rough Rice settlements for Friday Nov 14th, Nov 14 closed .015 higher at
11.73; Jan 15 closed .03 higher at 11.97; Mar 15 closed .03 higher at 12.24.  US
dollar index on Friday settled at 87.53.
                    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        45.00-47.00
Short grain           -----           -----           -----        46.00-48.00
Parboiled          26.00-30.50        32.50           33.50           -----
Second heads       22.00-22.50     20.00-27.00        20.00        24.00-31.00
Brewers            19.00-20.00     18.00-19.00        18.50        19.00-24.00
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   140.00-180.00   130.00-132.00   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     10.00-20.00     50.00-60.00
*M = mostly.
*NE = Not Established.
*B = bid price
Source:  USDA Market News Service, Little Rock, AR

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STAT News Service