U.S. National Weekly Rice Summary

LITTLE ROCK - Feb 23/15 - 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,
Second heads and Brewers selling mostly steady.  Rice by-products:  rice bran,
millfeed and ground hulls trading mostly steady.
   In California, medium grain milled rice prices steady to 1.00 lower.  Second heads
trading 1.00 to 3.00 lower; Brewers 1.00 lower.  Rice by-products:  rice bran prices
5.00 to 15.00 lower on limited sales.  Rice hull prices not full established.  Water
usage and availability continues to be a heavy topic throughout California rice
country.  Depending on the water outcome, the market could move either direction.
Majority of the conventional shipping methods on the California coasts for importing
and exporting good have been at a standstill, however a tentative agreement was
reached this past weekend to resume work.  Hopefully this agreement will allow rice
millers and foodservices to resume business as normal.
   CME Rough Rice settlements for Friday Feb 20th, Mar closed .01 lower at 10.79; May
closed .01 higher at 11.04; Jly closed .015 higher at 11.29.  US dollar index on
Friday settled at 94.26.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain       M 23.50-24.50     24.00-26.75        23.50           -----
Medium grain       29.25-29.50        -----           28.00      M 42.00-44.00
Short grain           -----           -----           -----            NA
Parboiled        M 25.50-27.50        31.50           32.00           -----
Second heads       18.50-21.00     18.00-22.00        18.00      M 22.00-26.00
Brewers            17.00-19.00     17.00-18.00        17.50      M 19.00-21.00
   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          95.00-130.00   100.00-120.00    85.00-115.00   155.00-165.00
Rice millfeed      50.00-55.00        50.00           40.00           -----
Rice hulls(ground) 10.00-15.00     10.00-15.00      7.00-10.00         NFE
Rice hulls(whole)                                                      8.00
*M = mostly.
*NFE = not fully established.
Source:  USDA Market News Service, Little Rock, AR

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