LITTLE ROCK - Jul 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 mostly steady, however Texas trading steady to 1.50 lower with the decline off the low side. Parboiled, Second Heads and Brewers rice prices steady. Rice by-products: Rice Bran and Millfeed prices steady to weak on limited confirmed spot sales. Ground hulls not well tested. As of Jul 19, NASS reporting new crop rice condition as mostly good with AR 30%, LA 85%, MS 54% and Texas 63% currently headed out. Louisiana farmers have started harvesting certain areas however limited to no feedback is currently available. In California, medium grain milled rice prices steady to firm. Second heads and Brewers rice prices steady to weak. Rice by-products: Rice Bran prices weak; ground hull prices not well tested. As of Jul 19, NASS reporting California new crop rice condition as good to excellent with 18% headed out. CME Rough Rice settlements for Friday Jul 17th, Sep 15 closed .04 lower at 10.92; Nov 15 closed .04 lower at 11.19. US dollar index on Friday settled at 97.96. Arkansas Texas Louisiana California MILLED RICE Long grain 21.00-23.00 22.50-26.75 22.50 ----- Medium grain 27.00 ----- 28.00 40.00-45.00 Short grain ----- ----- ----- NA Parboiled 24.00-25.00 31.50 32.00 ----- Second heads 17.50 18.00-22.00 18.00 17.00-20.00 Brewers 14.50-16.25 16.00-18.00 15.00-16.50 14.00-16.00 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 60.00-80.00 80.00-90.00 70.00-90.00 100.00-125.00 Rice millfeed 35.00-40.00 NA NA ----- Rice hulls(ground) M 5.00 NA NA 30.00-35.00 Rice hulls(whole) 8.00 *M = mostly *NFE = not fully established *NA = not available Source: USDA Market News Service, Little Rock, AR
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STAT News Service
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