U.S. National Weekly Rice Summary

LITTLE ROCK - Oct 13/15 - 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 trading firm to 2.00 higher with full
advance in Arkansas; medium grain milled rice prices mostly steady.  Parboiled prices
steady to 2.00 higher, Second heads steady to 1.00 higher and Brewers rice prices
steady to firm with advances in Arkansas only.  Rice by-products:  Rice Bran prices
steady to 15.00 higher; Millfeed and ground hull prices mostly steady to firm on
limited spot sales.  Throughout the south, the field yields are very uneven from farm
to farm also resulting in mixed milling yields and quality.  As the rough rice
futures continue to rally and the market tries to find a top, farmer's asking prices
also continue to rise.
   In California, medium grain milled rice prices trading steady to weak, instances
1.00 lower.  Second heads and Brewers rice prices mostly steady.  Rice by-products:
Rice Bran prices mostly steady; ground hull prices not well tested.  Majority are
hoping for a wet fall to bring much need moisture however drought conditions still
exist throughout the state.
   CME Rough Rice settlements for Friday Oct 9th, Nov 15 closed .005 higher at
12.995; Jan 16 closed .01 higher at 13.285; Mar 16 closed .005 higher at 13.555.  US
dollar index on Friday settled at 94.89.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         23.00-23.50     23.25-26.75        23.00           -----
Medium grain       23.00-27.00        -----           28.00        39.00-42.00
Short grain           -----           -----           -----            NA
Parboiled          25.00-27.50        31.50           32.00           -----
Second heads       15.25-19.00     18.00-22.00        16.00        17.00-18.00
Brewers            14.50-16.75     16.00-18.00        13.00           14.00
   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          90.00-100.00   100.00-110.00   100.00-105.00   110.00-120.00
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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