STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Jan 12/15 - 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 1.00 lower; medium grain
milled rice prices fully steady.  Parboiled prices mostly steady, instances 1.00
lower.  Seconds heads and Brewers fully steady.  Rice by-products:  rice bran prices
mostly steady, instances 20.00 lower; millfeed and ground hulls prices fully steady.
   In California, medium and short grain rice prices steady to 2.00 lower.  Second
heads and Brewers mostly steady.  Rice by-products:  rice bran prices steady to 5.00
higher; hull prices firm.
   CME Rough Rice settlements for Friday Jan 9th, Jan closed .03 higher at 11.325;
Mar closed .02 higher at 11.545; May closed .01 higher at 11.765.  US dollar index on
Friday settled at 91.92.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         23.00-27.00     25.00-28.50        23.50           -----
Medium grain          30.00           -----           29.00        42.00-47.00
Short grain           -----           -----           -----        43.00-45.00
Parboiled          25.00-30.00        32.50           32.50           -----
Second heads       21.00-22.50     20.00-27.00        18.00        24.00-31.00
Brewers            18.00-20.00     17.75-19.00        17.00        19.00-24.00
   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   100.00-130.00   110.00-130.00   160.00-180.00
Rice millfeed         65.00           60.00           50.00           -----
Rice hulls(ground) 15.00-20.00     10.00-15.00      5.00-10.00     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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