U.S. National Weekly Rice Summary

LITTLE ROCK - Sep 21/15 - 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 to .50 higher; medium grain
milled rice prices mostly steady instances 3.00 lower off the bottom price in
Arkansas.  Parboiled prices steady; Second heads and Brewers rice prices trading
uneven with Arkansas weak to .50 higher, Texas steady and Louisiana 2.00 lower.  Rice
by-products:  Rice Bran and Millfeed and ground hull prices mostly steady with
limited available spot sale prices.  According to NASS as of Sep 20, Louisiana 95%,
Texas 97%, Mississippi 59% and Arkansas 57% harvest completed.  Throughout the south
the field yields are very uneven from farm to farm.  With the recent uptick in rough
rice futures, bid/ask price spreads on rough rice continues to expand which has
slowed farmer's rough rice sales.
   In California, medium grain milled rice prices remain steady to firm.  Second
heads and Brewers rice prices steady.  Rice by-products:  Rice Bran prices steady;
ground hull prices not well tested.  California has started to tap into the rice
harvest.  According to NASS as of Sep 20, 15% of the rice crop has been harvested.
   CME Rough Rice settlements for Friday Sep 18th, Nov 15 closed .055 higher at
12.95; Jan 16 closed .055 higher at 13.23; Mar 16 closed .055 higher at 13.44.  US
dollar index on Friday settled at 95.15.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         21.50-23.00     23.25-26.75        23.00           -----
Medium grain       23.00-27.00        -----           28.00        40.00-45.00
Short grain           -----           -----           -----            NA
Parboiled          23.50-25.00        31.50           32.00           -----
Second heads       15.25-18.00     18.00-22.00        16.00        17.00-22.00
Brewers            14.50-16.75     15.25-18.00        13.00        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          80.00-90.00     90.00-100.00    80.00-95.00    100.00-120.00
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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