U.S. National Weekly Rice Summary

LITTLE ROCK - Nov 2/15 - 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 steady.  Parboiled
prices, Second heads and Brewers rice prices steady.  Rice by-products:  Rice
Bran mostly steady, instances 5.00-20.00 higher in Arkansas.  Millfeed prices
steady to 10.00 higher and ground hull prices steady, all on limited comparison.
As the rough rice futures continue to yo-yo, Farmers remain holding rough rice
for higher prices or until the futures market stabilizes.
   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 rice stocks rise, market
prices continue to remain weak for new milling season.  According to NASS as of
Oct 1, Rough Rice stocks totaled 8.31 million CWT and Milled Rice stocks totaled
3 million CWT which was 10% and 170% respectively above a year ago.
   CME Rough Rice settlements for Friday Oct 30th, Nov 15 closed .075 higher at
11.61; Jan 16 closed .075 higher at 11.895; Mar 16 closed .075 higher at 12.16.
US dollar index on Friday settled at 96.92.
                    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     14.75-18.00        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          90.00-120.00   150.00-160.00   100.00-105.00    95.00-110.00
Rice millfeed      40.00-50.00         NA              NA             -----
Rice hulls(ground)     5.00            5.00            5.00        30.00-35.00
Rice hulls(whole)                                                      8.00
*M = mostly
*NA = not available
Source:  USDA Market News Service, Little Rock, AR

---

STAT News Service