LITTLE ROCK - Feb 1/16 - 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 mostly steady. Parboiled, Second heads and Brewers prices mostly steady. Rice by-products: Rice Bran prices steady to firm; Millfeed and ground hull prices not well tested due to limited quotes. Louisiana port continues to move rough rice south at softer prices. Water allocation in Texas continues to be a hot topic. Rough rice and milled long grain rice continues to be shipped south. In California, medium grain milled rice prices steady to weak. Second heads and Brewers prices steady. Rice by-products: Rice Bran prices mostly steady. Rice hulls spot trade not well tested. Market prices continues to soften. CME Rough Rice settlements for Friday 29nd, Mar 16 closed .04 higher at 11.35; May 16 closed .035 higher at 11.63; Jul 16 closed .04 higher at 11.905. US dollar index on Friday settled at 99.57. 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 32.00-38.00 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 15.00 15.00-19.00 Brewers 14.50-16.75 14.75-18.00 12.00 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 120.00-140.00 130.00-160.00 125.00 100.00-120.00 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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STAT News Service
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