STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Aug 3/15 - 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 to weak.  Rice by-products:  Rice
Bran and Millfeed prices steady to weak on limited confirmed spot sales.  Ground
hulls not well tested.  Louisiana farmers are currently harvesting while other
boarding states are not too far behind.  No concrete data back at this time,
however the word on the street is that field yields are somewhat lacking.
   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.  Majority of California new crop rice
remains good to excellent condition.
   CME Rough Rice settlements for Friday Jul 31th, Sep 15 closed .08 higher at
11.515; Nov 15 closed .075 higher at 11.775; Jan 16 closed .08 higher at 12.05.
US
dollar index on Friday settled at 97.22.
                    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        17.00-22.00
Brewers            14.50-16.25     16.00-18.00     15.00-16.50     14.00-18.00
   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          60.00-80.00     80.00-90.00     70.00-90.00     95.00-120.00
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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