STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Aug 17/15 - 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; medium grain milled rice
prices mostly steady, instances 1.00 lower in Arkansas.  Parboiled prices steady.
Second heads prices mostly steady, instances 1.00 lower in Arkansas.  Brewers rice
prices steady to weak.  Rice by-products:  Rice Bran prices mostly steady instances
10.00 higher in Arkansas and Texas.  Millfeed prices steady to 5.00 higher on limited
comparison.  Ground hulls lightly tested however prices mostly steady.  Louisiana
farmers are heavy into harvesting with field yields being less than ideal.  Rice
harvest in other southern states is just getting under way.  Dry conditions exist
throughout southern rice country.
   In California, medium grain milled rice prices firm.  Second heads and Brewers
rice prices mostly steady.  Rice by-products:  Rice Bran prices weak; ground hull
prices not well tested.  Majority of California new crop rice remains good to
excellent condition.  Water continues to be discussed at coffee table for both urban
and rural areas.
   CME Rough Rice settlements for Friday Aug 14th, Sep 15 closed .08 lower at 11.82;
Nov 15 closed .08 lower at 12.095; Jan 16 closed .075 lower at 12.39.  US dollar
index on Friday settled at 96.52.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         21.00-23.00     22.50-26.75        22.50           -----
Medium grain       26.00-27.00        -----           28.00        40.00-45.00
Short grain           -----           -----           -----            NA
Parboiled          24.00-25.00        31.50           32.00           -----
Second heads       16.50-17.50     18.00-22.00        18.00        17.00-22.00
Brewers            14.50-16.25     15.25-18.00        15.00        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          75.00-80.00     90.00-100.00    70.00-80.00     95.00-120.00
Rice millfeed         40.00            NA             40.00           -----
Rice hulls(ground)     5.00            5.00            5.00        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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