LITTLE ROCK - Jan 20/15 - 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 and medium grain milled rice prices steady to weak. Parboiled, Seconds heads and Brewers prices steady to weak. Rice by-products: rice bran prices steady; millfeed prices steady to 10.00 lower; ground hulls prices steady to 5.00 lower. Majority of contact continue to supply regular customer with product with very little new customer business. Transportation issues continue to be a hot topic both domestic and exports. In California, medium grain milled rice prices steady to 1.00 lower; short grain milled rice steady. Second heads prices steady to 2.00 lower; Brewers steady to 1.00 lower. Rice by-products: rice bran prices steady; hull very lightly tested, however prices firm. Contacts have made remarks on slow to steady business as most continue to fill needs of regular customers. CME Rough Rice settlements for Friday Jan 16th, Mar closed .005 lower at 11.325; May closed .005 lower at 11.575; Jul closed .005 lower at 11.810. US dollar index on Friday settled at 92.61. Arkansas Texas Louisiana California MILLED RICE Long grain 23.00-27.00 25.00-28.50 23.50 ----- Medium grain 30.00 ----- 29.00 42.00-46.00 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 24.00-29.00 Brewers 18.00-20.00 17.75-19.00 17.00 19.00-23.00 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 50.00 45.00 ----- Rice hulls(ground) 15.00-20.00 12.00 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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STAT News Service
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