STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Jan 4/16 - 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,
Second heads and Brewers prices steady.  Rice by-products:  Rice Bran, Millfeed
and ground hull prices steady.
   In California, medium grain milled rice prices steady to weak.  Second heads
and Brewers prices steady.  Rice by-products:  Rice Bran prices mostly steady.
Ground rice hulls spot trade lightly tested, mostly all hulls already sold.
   CME Rough Rice settlements for Thursday Dec 31th, Jan 16 closed .025 higher at
11.565; Mar 16 closed .02 higher at 11.835; May 16 closed .015 higher at 12.12.
US dollar index on Thursday settled at 98.69.  Rice market continues to be very
quiet on both sides.
                    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        36.00-41.00
Medium brown          24.00           -----            NA          38.00-42.00
Short white           -----           -----           -----            NA
Parboiled          25.00-27.50        31.50           32.00           -----
Second heads       15.25-19.00     20.00-22.00     14.00-15.00     15.00-17.00
Brewers            14.50-16.75     14.75-18.00     11.00-13.00     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         120.00-130.00   140.00-160.00      120.00       105.00-120.00
Rice millfeed      60.00-65.00         NA              NA             -----
Rice hulls(ground)  5.00-15.00         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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