STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Jun 16/14 - 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 steady; parboiled prices steady;
second heads steady; brewers steady.  Rice by-products:  rice bran prices mostly
steady, however in Arkansas instances 15.00 higher; rice millfeed not established;
hulls steady with very limited available current sales.  Rough rice prices holding
steady.
   In California, medium and short grain milled rice prices steady; second heads and
brewers steady to weak.  Rice by-products:  rice bran prices steady; hulls steady.
   On the CME settlements for Friday June 13th, Rough Rice July 2014 futures closed
.09 higher at 14.51.  September 2014 closed .035 higher at 14.17.  November 2014
closed .025 higher at 14.35.  US dollar index on Friday Jun 13th settled at 80.61.
                   Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain        27.50-28.50     29.50-30.50        28.00           -----
Medium grain      32.00-34.25        -----           32.00        46.00-48.00
Short grain          -----           -----           -----           49.00
Parboiled         29.50-31.50        34.50           34.50           -----
Second heads      22.00-25.00     25.00-27.00        20.00        26.00-29.00
Brewers           19.00-24.00     19.00-23.00        18.50        21.00-24.00
ROUGH RICE
Long grain           -----           -----           15.42           -----
   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        130.00-160.00   130.00-160.00      125.00       198.00-205.00
Rice millfeed         NE              NE              NE             -----
Rice hulls           40.00            NE              NE             24.00
*N = nominal.
*M = mostly.
*NE = Not Established.
Source:  USDA Market News Service-AR Dept of Ag Little Rock, AR

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