STAT Communications Ag Market News

U.S. National Weekly Rice Summary

LITTLE ROCK - Nov 9/15 - 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,
Second heads and Brewers prices steady.  Rice by-products:  Rice Bran, Millfeed
and ground hull prices steady.  As the rough rice futures continue to yo-yo,
Farmers continue to hold onto rough rice for higher prices or until the market
stabilizes.
   In California, medium grain milled rice prices steady to 1.00 lower.  Second
heads prices steady to 1.00 lower; Brewers prices steady to weak.  Rice by-
products:  Rice Bran prices steady; ground hull prices not well tested.  As rice
stocks rise, market prices continue to remain weak for new milling season.
   CME Rough Rice settlements for Friday Nov 6th, Nov 15 closed .005 lower at
12.185; Jan 16 closed .015 lower at 12.44; Mar 16 closed .01 lower at 12.705.  US
dollar index on Friday settled at 99.15.
                    Arkansas          Texas         Louisiana      California
MILLED RICE
Long white         23.00-23.50     23.50-26.75        23.00           -----
Long brown         24.00-24.50         NA              NA             -----
Medium white       23.00-27.00        -----           28.00        39.00-41.00
Medium brown          24.00           -----            NA          40.00-42.00
Short white           -----           -----           -----            NA
Parboiled          25.00-27.50        31.50           32.00           -----
Second heads       15.25-19.00     20.00-22.00        16.00        16.00-17.00
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

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