STAT Communications Ag Market News

U.S. National Weekly Rice Summary

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

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