U.S. National Weekly Rice Summary

LITTLE ROCK - May 4/15 - 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 rice prices steady.  Rice by-products:  rice bran, millfeed and
ground hulls prices steady.  According to NASS as of May 3, new crop planting
progress is as follows LA 88%, TX 65%, MS 66% and AR 64% with all states, except MS,
were below the average.  New crop emerged is as follows LA 80%, TX 63%, MS 37% and AR
33% with all states below the average.
   In California, medium grain milled rice prices steady.  Second heads and Brewers
rice prices steady.  Rice by-products:  rice bran prices steady; ground hull prices
not fully established.  Rice mills continue steady operations however they must
ration available patty rice so the inventory will take them into new crop harvest.
Drought conditions still exist with water restrictions in place throughout the state.
According to NASS as of May 3, California shows 38% planted which is above the
average and 15 % emerged which is also above the average.
   CME Rough Rice settlements for Friday May 1th, May 15 closed .08 lower at 9.95;
Jly 15 closed .09 lower at 10.205; Sep 15 closed .09 lower at 10.475.  US dollar
index on Friday settled at 95.21.
                    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 39.00-44.00
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 18.00-22.00
Brewers            17.00-19.00     16.00-18.00     17.00-17.50   M 16.00-18.00
   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          75.00-100.00    85.00-95.00     70.00-87.50    160.00-165.00
Rice millfeed      40.00-45.00        40.00           30.00           -----
Rice hulls(ground)  0.00-5.00       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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STAT News Service