U.S. National Weekly Rice Summary

LITTLE ROCK - Jun 15/15 - 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 hull prices steady.  Domestic demand remains good as mills continue processing
regular customer orders.  As of Jun 14, NASS reporting new crop rice condition, in
the south, as mostly good.  States with very limited old crop rice stocks (i.e. Texas
and Louisiana) are seeing prices remain firm.  States with available supplies of old
crop rice stock (i.e. Arkansas) are seeing prices continue to soften.
   In California, medium grain milled rice prices steady to firm.  Second heads and
Brewers rice prices steady.  Rice by-products:  Rice Bran prices steady; ground hull
prices very lightly tested.  Rice mills continue steady milling and processing
regular customer orders.  However, mills will need to, more frequently, reevaluate
their patty rice supplies as old crop inventories are lessening.  As of Jun 14, NASS
reporting California new crop rice condition as mostly excellent.
   CME Rough Rice settlements for Friday Jun 12th, Jly 15 closed .115 lower at 9.68;
Sep 15 closed .125 lower at 9.945; Nov 15 closed .125 lower at 10.21.  US dollar
index on Friday settled at 94.91.  NASS Rice stock report will be release on June 30.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         21.00-24.00     24.00-26.75        23.50           -----
Medium grain          27.00           -----           28.00      M 40.00-44.50
Short grain           -----           -----           -----            NA
Parboiled          24.00-25.00        31.50           32.00           -----
Second heads          17.50        18.00-22.00        18.00      M 20.00-22.00
Brewers            16.25-17.50     16.00-18.00     15.00-16.50     16.00-20.00
   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          65.00-100.00    85.00-95.00     70.00-90.00    120.00-145.00
Rice millfeed      30.00-40.00     35.00-40.00        30.00           -----
Rice hulls(ground)  0.00-5.00       5.00-10.00      0.00-5.00      30.00-35.00
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