LITTLE ROCK - Aug 24/15 - 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 to weak. Parboiled prices steady to .50 lower. Second heads and Brewers rice prices mostly steady. Rice by-products: Rice Bran and Millfeed prices mostly steady. Ground hulls lightly tested however prices mostly steady. Harvest is progressing at a mixed pace with field yields around 10% below average. According to NASS as of Aug 23, Louisiana was 75% and Texas was 55% completed with all other states just getting started. 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. California new crop rice fields remains in mostly good condition. Water continues to be coffee table discussions for both urban and rural areas. CME Rough Rice settlements for Friday Aug 21th, Sep 15 closed .015 higher at 11.65; Nov 15 closed .01 higher at 11.925; Jan 16 closed .01 higher at 12.215. US dollar index on Friday settled at 94.80. 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 23.50-25.00 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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STAT News Service
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