STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Oct 26/15 - 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 mostly steady, instances .50
higher in Texas; medium grain prices steady.  Parboiled prices steady.  Second
heads and Brewers rice prices mostly steady, instances .50 to 2.00 higher in
Texas.  Rice by-products:  Rice Bran steady, instances 50.00 higher in Texas.
Millfeed and ground hull prices steady.  Throughout the south, the field yields
were very uneven from farm to farm.  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.  As harvest acres increase
with excellent quality crop, market prices remain weak for new milling season.
   CME Rough Rice settlements for Friday Oct 23rd, Nov 15 closed .28 lower at
11.855; Jan 16 closed .28 lower at 12.14; Mar 16 closed .285 lower at 12.415.  US
dollar index on Friday settled at 97.08.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long grain         23.00-23.50     23.50-26.75        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     20.00-22.00        16.00        16.00-18.00
Brewers            14.50-16.75     16.50-18.00        13.00        14.00-15.00
   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          85.00-100.00   150.00-160.00   100.00-105.00    95.00-110.00
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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