STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Oct 19/15 - 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 mostly steady.  Parboiled,
Second heads and Brewers rice prices mostly steady.  Rice by-products:  Rice Bran,
Millfeed and ground hull prices mostly steady.  Throughout the south, the field
yields are very uneven from farm to farm also resulting in mixed milling yields and
quality.  Farmers continue to hold rough rice for higher prices.
   In California, medium grain milled rice prices mostly steady.  Second heads and
Brewers rice prices mostly steady.  Rice by-products:  Rice Bran prices mostly
steady; ground hull prices not well tested.
   CME Rough Rice settlements for Friday Oct 16th, Nov 15 closed .17 lower at 12.11;
Jan 16 closed .165 lower at 12.40; Mar 16 closed .165 lower at 12.68.  US dollar
index on Friday settled at 94.73.
                    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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