U.S. National Weekly Rice Summary

LITTLE ROCK - Apr 27/15 - 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 grain milled rice prices steady to weak.  Medium grain milled
rice prices fully steady.  Parboiled, Second heads and Brewers rice prices steady to
weak.  Rice by-products:  rice bran prices mostly steady, few 5.00 to 10.00 lower;
millfeed prices mostly 5.00 lower and ground hulls prices mostly steady.  As of April
26 according to NASS, new crop planting progress is as follows LA 85%, TX 64%, MS 49%
and AR 37%.  All states were below the 5 yr average.
   In California, medium grain milled rice prices steady to 3.00 lower with the full
decline off the low side of price range.  Second heads and Brewers rice prices 2.00
lower.  Rice by-products:  rice bran prices mostly steady; rice hull prices not full
established.  Mills continue steady operations however they must ration available
patty rice as to take them into new crop harvest.  Drought conditions still exist
with water restrictions in place throughout the state.  As of April 26 according to
NASS, California shows 7% planted which is par with the 5 yr average.
   CME Rough Rice settlements for Friday Apr 24th, May 15 closed .08 lower at 9.980;
Jly 15 closed .06 lower at 10.23; Sep 15 closed .055 lower at 10.495.  US dollar
index on Friday settled at 96.86.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain       M 23.00-24.50     24.00-26.75        23.50           -----
Medium grain       29.25-29.50        -----           28.00      M 39.00-44.00
Short grain           -----           -----           -----            NA
Parboiled        M 24.50-27.00        31.50           32.00           -----
Second heads       18.50-20.00     18.00-22.00        18.00      M 18.00-22.00
Brewers            17.00-19.00     16.00-18.00     17.00-17.50   M 16.00-18.00
   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          75.00-100.00    85.00-95.00     70.00-87.50    160.00-165.00
Rice millfeed      40.00-45.00        40.00           30.00           -----
Rice hulls(ground)  0.00-5.00       5.00-10.00      0.00-5.00          NFE
Rice hulls(whole)                                                      8.00
*M = mostly.
*NFE = not fully established.
Source:  USDA Market News Service, Little Rock, AR

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STAT News Service