STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Dec 15/14 - 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 steady.  Parboiled prices
steady.  Seconds heads and Brewers prices steady.  Rice by-products:  rice bran,
millfeed and ground hulls prices steady on limited comparable sales with most
contacts still shipping previously sold by-products.
   In California, medium and short grain rice prices fully steady.  Second heads and
Brewers prices fully steady.  Rice by-products:  rice bran and hull prices fully
steady.  California paddy rice is seeing some weakness in prices.
CME Rough Rice settlements for Friday Dec 12th, Jan 15 closed .265 higher at 12.35;
Mar 15 closed .26 higher at 12.615; May 15 closed .265 higher at 12.89.  US dollar
index on Friday settled at 88.32.
                    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            18.00-20.00     18.00-19.00        18.50        19.00-24.00
ROUGH RICE
Long grain            -----           -----            NE             -----
   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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