LITTLE ROCK - Nov 16/15 - 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 prices steady. Second heads and Brewers prices steady to weak. Rice by- products: Rice Bran prices steady to 15.00 higher. Millfeed and ground hull prices steady to weak. As the rough rice futures continue to yo-yo, Farmers continue to hold onto rough rice for higher prices or until the market stabilizes. In California, medium grain milled rice prices steady to 1.00 lower. Second heads and Brewers prices steady to 1.00 lower. Rice by-products: Rice Bran prices 10.00 to 15.00 higher. Ground rice hulls spot trade lightly tested, mostly all hulls already sold. The large supply of rice stocks on hand has softened market prices and continues to remain weak for new milling season. CME Rough Rice settlements for Friday Nov 13th, Jan 16 closed .215 lower at 12.145; Mar 16 closed .22 lower at 12.405; May 16 closed .22 lower at 12.69. US dollar index on Friday settled at 98.80. Arkansas Texas Louisiana California MILLED RICE Long white 23.00-23.50 23.50-26.75 23.00 ----- Long brown 24.00-24.50 NA NA ----- Medium white 23.00-27.00 ----- 28.00 38.00-41.00 Medium brown 24.00 ----- NA 40.00-42.00 Short white ----- ----- ----- NA Parboiled 25.00-27.50 31.50 32.00 ----- Second heads 15.25-19.00 20.00-22.00 15.00 15.00-17.00 Brewers 14.50-16.75 14.75-18.00 13.00 13.00-14.00 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 100.00-120.00 150.00-160.00 120.00 110.00-120.00 Rice millfeed 40.00-50.00 NA NA ----- Rice hulls(ground) 5.00 5.00 5.00 30.00-35.00 Rice hulls(whole) 8.00 *M = mostly *NA = not available Source: USDA Market News Service, Little Rock, AR
---
STAT News Service
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.