LITTLE ROCK - May 5/14 - 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 rice prices mostly steady; parboiled prices steady; second heads and brewers steady. Rice by-products: rice bran steady to 10.00 lower; rice millfeed 5.00 to 10.00 lower; hulls steady to 5.00 lower. Rough rice prices mostly steady. Texas farmers looking at water allocation issues when it comes to urban vs rural. Rice planting continues in the south as majority of farmers are par with the 5 year averages. In California, medium grain milled rice prices mostly steady; short grain milled rice prices not established; second heads prices steady to 2.00 lower; brewers prices Steady to 1.00 lower. Rice by-products: rice bran prices firm; hulls mostly steady. Rough rice prices steady to weak. California farmers looking to receive more allocated irrigation water than previously expected. Rice by-product export markets showing some strength. On the CME closes for Friday May 2nd, Rough Rice futures for July settled .025 lower at 15.49. The September settled .02 lower at 14.52. Arkansas Texas Louisiana California MILLED RICE Long grain 27.50-28.50 29.50-30.50 23.00-28.00 ----- Medium grain 32.00-34.25 ----- 25.00-32.00 46.00-49.00 Short grain ----- ----- ----- NE Parboiled 30.00-31.50 34.50 34.50 ----- Second heads 22.00-25.00 25.00-27.00 20.00 26.00-31.00 Brewers 19.00-24.00 19.00-23.00 18.50 21.00-26.00 ROUGH RICE Long grain 15.60-16.00 ----- 15.40-15.73 26.50-28.50 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 120.00-135.00 130.00-155.00 110.00-120.00 195.00 Rice millfeed 65.00 65.00 55.00 ----- Rice hulls 35.00 35.00 10.00-15.00 20.00 *N = nominal. *M = mostly. *NE = Not Established. Source: USDA Market News Service-AR Dept of Ag Little Rock, AR
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STAT News Service
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