U.S. National Weekly Rice Summary

LITTLE ROCK - Nov 24/14 - 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 milled rice prices steady to .50 lower; medium grain milled
rice prices steady to 1.00 lower.  Parboiled prices steady to .50 lower; Second heads
prices steady to 1.00 lower; Brewers prices fully steady.  Rice by-products:  rice
bran, millfeed and ground hulls prices fully steady on limited comparable sales with
most contacts still shipping previously sold by-products.  Louisiana Rough Rice price
quotes .49 lower, however very limited trades reported at this price level.  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.  Contacts
see nothing major happening to the market during the holidays.
In California, medium and short grain rice prices steady to 2.00 lower.  Second heads
and Brewers prices fully steady.  Rice by-products:  rice bran and hull prices fully
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.
Contacts see nothing major happening to the market during the holidays.
CME Rough Rice settlements for Friday Nov 21th, Jan 15 closed .015 higher at 12.595;
Mar 15 closed .01 higher at 12.855.  US dollar index on Friday settled at 88.31.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         24.00-27.00     25.50-28.50        24.50           -----
Medium grain          30.00           -----           29.00        43.00-47.00
Short grain           -----           -----           -----        44.00-48.00
Parboiled          26.00-30.00        32.50           32.50           -----
Second heads       21.00-22.50     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            -----           -----           11.57           -----
   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      132.00       160.00-175.00
Rice millfeed         65.00            NE              NE             -----
Rice hulls(ground) 30.00-35.00         NE              NE          50.00-60.00
Rice hulls(whole)                                                      8.00
*M = mostly.
*NE = Not Established.
Source:  USDA Market News Service, Little Rock, AR

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STAT News Service