STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Apr 20/15 - 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 fully steady.  Parboiled, Second heads and Brewers rice prices steady to
weak.  Rice by-products:  rice bran, millfeed and ground hulls prices steady to weak.
As of April 19, new crop planting progress is as follows LA 79%, TX 61%, MS 38% and
AR 28%.  LA and MS are on par with average however TX and AR below par planting
percentages.
   In California, medium grain milled rice prices steady.  Second heads and Brewers
rice steady to weak.  Rice by-products:  rice bran prices steady; rice hull prices
not full established.  Drought conditions still exist throughout the state.  As of
April 19, California shows 3% planted which is 1% below the average.
   CME Rough Rice settlements for Friday Apr 17th, May 15 closed .06 lower at 9.905;
Jly 15 closed .05 lower at 10.16; Sep 15 closed .045 lower at 10.42.  US dollar index
on Friday settled at 97.52.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain       M 23.00-24.50     24.00-26.75        23.50           -----
Medium grain       29.25-29.50        -----           28.00      M 42.00-44.00
Short grain           -----           -----           -----            NA
Parboiled        M 24.50-27.00        31.50           32.00           -----
Second heads       18.50-20.00     18.00-22.00        18.00      M 20.00-24.00
Brewers            17.00-19.00     16.50-18.00     17.00-17.50   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          85.00-100.00    85.00-95.00     75.00-87.50    160.00-165.00
Rice millfeed      45.00-50.00        40.00        30.00-35.00        -----
Rice hulls(ground)  0.00-10.00      5.00-10.00      0.00-5.00          NFE
Rice hulls(whole)                                                      8.00
*M = mostly.
*NFE = not fully established.
Source:  USDA Market News Service, Little Rock, AR

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