U.S. National Weekly Rice Summary

LITTLE ROCK - Jan 26/15 - 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 weak; medium grain milled
rice prices mostly steady, instances 1.00 lower.  Parboiled, Seconds heads and
Brewers steady to weak.  Rice by-products:  rice bran, millfeed and ground hulls
mostly steady.  Majority of contacts supplying products to regular customer with very
little new customer business.  Transportation issues continue to be a hot topic both
domestic and exports.  Rough rice bids to farmers are lower on 2014 crop however most
farmers are opting out of current bids.
   In California, medium grain milled rice prices steady; short grain milled rice
prices steady on very limited sales.  Second heads and Brewers steady.  Rice by-
products:  rice bran prices steady to firm; 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.  West Coast port shipping issues continue to disrupt
exports.
   CME Rough Rice settlements for Friday Jan 23rd, Mar closed .15 lower at 11.01; May
closed .145 lower at 11.27; Jly closed .14 lower at 11.51.  US dollar index on Friday
settled at 94.99.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         23.00-27.00     25.00-28.50        23.50           -----
Medium grain          30.00           -----           28.00        42.00-46.00
Short grain           -----           -----           -----        43.00-45.00
Parboiled          25.00-30.00        32.50           32.00           -----
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        17.50        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   120.00-130.00   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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