U.S. National Weekly Rice Summary

LITTLE ROCK - Sep 8/15 - 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 and medium grain milled rice prices firm.  Parboiled,
Second heads and Brewers rice prices steady.  Rice by-products:  Rice Bran and
Millfeed and ground hull prices steady to weak.  According to NASS as of Sep 06,
Louisiana 90%, Texas 76%, Mississippi 34% and Arkansas 30% harvest completed.  The
current bid/ask prices between farmers and mills are very wide spread.
   In California, medium grain milled rice prices steady to firm.  Second heads and
Brewers rice prices steady.  Rice by-products:  Rice Bran prices steady; ground hull
prices not well tested.  California has started to slowly tap into rice harvest.
According to NASS as of Sep 06, around 1% of the rice crop has been harvested.
   CME Rough Rice settlements for Friday Sep 4th, Sep 15 closed .055 higher at 11.85;
Nov 15 closed .05 higher at 12.11; Jan 16 closed .05 higher at 12.40.  US dollar
index on Friday settled at 96.22.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         21.00-23.00     22.50-26.75        22.50           -----
Medium grain       26.00-27.00        -----           28.00        40.00-45.00
Short grain           -----           -----           -----            NA
Parboiled          23.50-25.00        31.50           32.00           -----
Second heads       16.50-17.50     18.00-22.00        18.00        17.00-22.00
Brewers            14.50-16.25     15.25-18.00        15.00        14.00-18.00
   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          75.00-80.00     90.00-100.00    70.00-80.00     95.00-120.00
Rice millfeed         40.00            NA             40.00           -----
Rice hulls(ground)     5.00            5.00            5.00        30.00-35.00
Rice hulls(whole)                                                      8.00
*M = mostly
*NFE = not fully established
*NA = not available
Source:  USDA Market News Service, Little Rock, AR

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