LITTLE ROCK - Oct 27/14 - 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 and Second heads prices steady; Brewers trading steady to 1.00 lower. Rice by-products: rice bran prices mostly steady, few 10.00 lower in Arkansas; millfeed mostly steady, few 5.00 higher in Arkansas; ground hulls prices mostly steady, few 7.00 higher in Arkansas. Louisiana Rough Rice price quotes .14 cents per CWT lower, however no trades reported at this price level as the bid/ask price spread is to wide. Rice mills currently operating slower than normal. In California, medium and short grain rice prices steady. Second heads and Brewers prices steady. Rice by-products: rice bran and ground hulls prices steady. Majority of harvest is completed with most farmers currently preparing fields for fall and winter. Water issues continue to be a hot topic for discussion throughout the state. CME Rough Rice settlements for Friday Oct 24th, Nov 14 closed .04 higher at 12.405; Jan 15 closed .035 higher at 12.63; Mar 15 closed .04 higher at 12.89. US dollar index on Friday settled at 85.73. Arkansas Texas Louisiana California MILLED RICE Long grain 24.00-27.00 25.50-28.50 25.50 ----- Medium grain 30.00-30.50 ----- 29.00 45.00-48.00 Short grain ----- ----- ----- 46.00-48.00 Parboiled 26.00-31.00 29.50-32.50 33.50 ----- Second heads 22.00-22.50 20.00-27.00 20.00 21.00-25.00 Brewers 19.00-21.00 18.00-19.00 18.50 19.00-20.00 ROUGH RICE Long grain ----- ----- 12.06B ----- 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 125.00-140.00 130.00-150.00 120.00-125.00 160.00-175.00 Rice millfeed 60.00-65.00 55.00 40.00-45.00 ----- Rice hulls(ground) 30.00-37.00 15.00-25.00 7.00-12.00 50.00-60.00 *M = mostly. *NE = Not Established. *B = bid price Source: USDA Market News Service-AR Dept. of Ag Little Rock, AR
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STAT News Service
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