STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Jan 11/16 - 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 grain milled rice prices mostly steady instances .50 lower
in Arkansas; medium grain milled rice prices mostly steady instance 2.00 lower
off the high side in Arkansas.  Parboiled prices mostly steady instance 1.00
lower in Arkansas; Second heads and Brewers prices mostly steady.  Rice by-
products:  Rice Bran prices mostly steady instances 10.00 higher in Arkansas;
Millfeed and ground hull prices 5.00 higher with only price quotes in Arkansas.
   In California, medium grain milled rice prices 2.00-3.00 lower.  Second heads
and Brewers prices steady to 1.00 higher.  Rice by-products:  Rice Bran prices
mostly steady to 5.00 higher.  Rice hulls spot trade not well tested.
   CME Rough Rice settlements for Friday 8th, Jan 16 closed .23 higher at 11.615;
Mar 16 closed .225 higher at 11.845; May 16 closed .23 higher at 12.125.  US
dollar index on Friday settled at 98.38.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long white            23.00        23.50-26.75        23.00           -----
Long brown         24.00-25.00         NA              NA             -----
Medium white       23.00-25.00        -----           28.00        34.00-38.00
Medium brown          24.00           -----            NA          36.00-39.00
Short white           -----           -----           -----            NA
Parboiled          25.00-26.50        31.50           32.00           -----
Second heads       15.25-19.00     20.00-22.00     14.00-15.00     15.00-20.00
Brewers            14.50-16.75     14.75-18.00     11.00-13.00     13.00-15.00
   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         120.00-140.00   130.00-160.00      120.00       110.00-120.00
Rice millfeed      65.00-70.00         NA              NA             -----
Rice hulls(ground) 10.00-20.00         NA              NA               NA
Rice hulls(whole)                                                       NA
*M = mostly
*NA = not available
Source:  USDA Market News Service, Little Rock, AR

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