LITTLE ROCK - Sep 29/14 - 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 prices trending mostly steady. Parboiled prices steady to 1.00 lower. Second heads and Brewers steady. Rice by-products: rice bran prices mostly steady, however Louisiana trending 10.00-20.00 lower; rice millfeed mostly steady on limited comparable sales; ground hulls mostly steady, instances 5.00 lower in Arkansas. Louisiana Rough Rice price mostly steady on very limited current trades as most inventory continues to be placed in storage. In California, medium and short grain prices trending steady. Second heads prices steady to 4.00 lower. Brewers prices steady to 3.00 lower. Rice by-products: rice bran prices 15.00-25.00 lower; ground hulls steady on limited trades. New crop rice harvest under way with some slowing due to recent rains. New crop rice is coming in with high moisture content which is requiring longer and slower drying times. CME Rough Rice settlements for Friday Sep 26th, Nov 14 closed .11 higher at 12.815, Jan 15 closed .12 higher at 13.015 and Mar 15 closed .135 higher at 13.21. US dollar index on Friday settled at 85.62. Arkansas Texas Louisiana California MILLED RICE Long grain 25.00-28.00 25.50-28.50 25.50 ----- Medium grain 30.50-34.25 ----- 29.00 45.00-48.00 Short grain ----- ----- ----- 46.00 Parboiled 27.00-31.50 32.50 33.50 ----- Second heads 22.00-25.00 20.00-27.00 20.00 21.00-25.00 Brewers 19.00-24.00 19.00 18.50 21.00-24.00 ROUGH RICE Long grain ----- ----- 12.67 ----- 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 135.00-150.00 130.00-150.00 120.00-125.00 175.00-200.00 Rice millfeed 60.00 55.00 40.00-45.00 ----- Rice hulls(ground) 25.00-30.00 15.00-20.00 7.00-12.00 70.00 *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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