LITTLE ROCK - Nov 23/15 - 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 steady. Second heads and Brewers prices mostly steady, instances 1.00 to 2.00 lower in Louisiana. Rice by-products: Rice Bran, Millfeed and ground hull prices steady. Market seems to be on hold for the holidays. Don't look for any major activity until after the New Year. In California, medium grain milled rice prices steady to 2.00 lower. Second heads and Brewers prices steady. Rice by-products: Rice Bran prices mostly steady. Ground rice hulls spot trade lightly tested, mostly all hulls already sold. The large supply of rice stocks on hand has softened market prices and will continues to remain weak going into 2016 milling season. CME Rough Rice settlements for Friday Nov 20th, Jan 16 closed .285 higher at 12.13; Mar 16 closed .285 higher at 12.395. US dollar index on Friday settled at 99.61. 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 36.00-41.00 Medium brown 24.00 ----- NA 38.00-42.00 Short white ----- ----- ----- NA Parboiled 25.00-27.50 31.50 32.00 ----- Second heads 15.25-19.00 20.00-22.00 14.00-15.00 15.00-17.00 Brewers 14.50-16.75 14.75-18.00 11.00-13.00 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 100.00-120.00 150.00-160.00 110.00-120.00 105.00-120.00 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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STAT News Service
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