U.S. National Weekly Rice Summary

LITTLE ROCK - Feb 2/15 - 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 mostly steady, instances 1.75 lower;
medium grain milled rice prices steady.  Parboiled and Brewers rice steady to 1.00
lower; Second heads mostly steady, instances 5.00 lower.  Rice by-products:  rice
bran steady to 15.00 lower, mostly 5.00 to 10.00 lower; Millfeed steady to 10.00
lower, mostly 5.00 lower; Ground rice hulls steady to 5.00 lower.  Majority of
contacts dealing with regular customer business with very little additional new
customer business.  Transportation issues continue to be a hot topic both domestic
and exports.  Rough rice bids to farmers continue to be lower however most farmers
are opting out of current bids.
   In California, medium grain milled rice prices steady to weak; short grain milled
rice prices mostly steady on very limited available sales.  Second heads and Brewers
steady.  Rice by-products:  rice bran and hull prices firm with very limited supply.
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 30th, Mar closed .29 lower at 10.57; May
closed .29 lower at 10.84; Jly closed .285 lower at 11.07.  US dollar index on Friday
settled at 94.66.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         23.00-27.00     25.00-26.75        23.50           -----
Medium grain          30.00           -----           28.00        42.00-46.00
Short grain           -----           -----           -----    few 43.00-45.00
Parboiled          25.00-30.00        31.50           32.00           -----
Second heads       21.00-22.50     20.00-22.00        18.00        24.00-29.00
Brewers            18.00-20.00     17.50-18.00        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         110.00-140.00   100.00-130.00   100.00-130.00   160.00-180.00
Rice millfeed      50.00-55.00     50.00-55.00     40.00-45.00        -----
Rice hulls(ground) 10.00-15.00     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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STAT News Service