U.S. National Weekly Rice Summary

LITTLE ROCK - Oct 5/15 - 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 mostly steady.  Parboiled,
Second heads and Brewers rice prices mostly steady.  Rice by-products:  Rice Bran,
Millfeed and ground hull prices mostly steady to firm on limited spot sales.
According to NASS as of Oct 4, Louisiana 99%, Texas 99%, Mississippi 87% and Arkansas
84% harvest completed.  Throughout the south the field yields are very uneven from
farm to farm also resulting in mixed milling yields and quality.  As the rough rice
futures continue to rally and the market tries to find a top, farmer's asking prices
also continue to rise.
   In California, medium grain milled rice prices mostly steady.  Second heads and
Brewers rice prices mostly steady.  Rice by-products:  Rice Bran prices mostly
steady; ground hull prices not well tested.  Majority are hoping for fall to bring
much need moisture.  According to NASS as of Oct 4, 40% of the rice crop has been
harvested.
   CME Rough Rice settlements for Friday Oct 2nd, Nov 15 closed .05 lower at 13.25;
Jan 16 closed .05 lower at 13.53; Mar 16 closed .04 lower at 13.80.  US dollar index
on Friday settled at 95.92.
                    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        40.00-42.00
Short grain           -----           -----           -----            NA
Parboiled          23.50-25.00        31.50           32.00           -----
Second heads       15.25-18.00     18.00-22.00        16.00        17.00-18.00
Brewers            14.50-16.75     15.25-18.00        13.00        14.00-15.00
   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          85.00-100.00   100.00-110.00    85.00-95.00    110.00-120.00
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

---

STAT News Service