U.S. National Weekly Rice Summary

LITTLE ROCK - Mar 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.  Parboiled, Second
heads and Brewers steady.  Rice by-products:  rice bran steady to 10.00 lower,
millfeed steady to 10.00 lower and ground rice hulls steady to 5.00 lower.  Continued
drop in rice by-products due to increased inventory as majority of rice mills
maintain a 24 hr run until the end of March.
   In California, medium grain milled rice prices steady.  Second heads and Brewers
steady.  Rice by-products:  rice bran prices steady; rice hull prices not full
established.  Drought conditions continue to exist throughout the state with little
to no relief.
   CME Rough Rice settlements for Friday Mar 20th, May 15 closed .005 lower at 10.92;
Jly 15 closed unch at 11.165; Sep 15 closed .005 lower at 11.295.  US dollar index on
Friday settled at 97.80.  Upcoming NASS report, Rice stocks report will be release on
Tuesday March 31 at 1pm central.  Please see link: http://www.nass.usda.gov/.
                    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          90.00-115.00    90.00-115.00    80.00-87.50    155.00-165.00
Rice millfeed         50.00        40.00-45.00        35.00           -----
Rice hulls(ground)  5.00-15.00     10.00-15.00      3.00-8.00          NFE
Rice hulls(whole)                                                      8.00
*M = mostly.
*NFE = not fully established.
Source:  USDA Market News Service, Little Rock, AR

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STAT News Service