U.S. National Weekly Rice Summary

LITTLE ROCK - Mar 30/15 - 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 mostly steady.  Rice by-products:  rice bran, millfeed, and ground
rice hulls mostly steady.  Majority of mills will continue their steady operations
thru April and then reevaluate their operation needs.  New crop planting is going
slow due to wet field conditions.  Louisiana planting seems to be progressing closer
to average with other southern states close behind.
   In California, medium grain milled rice prices steady.  Second heads 2.00 lower
and Brewers 1.00 lower which is mostly due to a supply of outside inventory from
other locations.  Rice by-products:  rice bran prices steady; rice hull prices not
full established.  Field prep and planting will occur earlier than normal this year
as many famers have already started the process.  Drought conditions still exist
throughout the state.  If conditions prevail, 2015 irrigation restrictions could be
implemented sooner than later.
   CME Rough Rice settlements for Friday Mar 27th, May 15 closed .12 lower at 10.99;
Jly 15 closed .12 lower at 11.235; Sep 15 closed .10 lower at 11.39.  US dollar index
on Friday settled at 97.39.  Rice stocks and prospective plantings 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 25.00-27.50        31.50           32.00           -----
Second heads       18.50-21.00     18.00-22.00        18.00      M 20.00-24.00
Brewers            17.50-19.00     17.00-18.00        17.50      M 18.00-20.00
   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)  5.00-10.00     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