LITTLE ROCK - Dec 21/15 - 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. In California, medium grain milled rice prices steady to weak. 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. CME Rough Rice settlements for Friday Dec 18th, Jan 16 closed .03 lower at 11.08; Mar 16 closed .03 lower at 11.35; May 16 closed .025 lower at 11.645. US dollar index on Friday settled at 98.72. Rice market is very quiet for both buyers and sellers. We don't foresee anything major happening until well into the New Year 2016. 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 120.00-130.00 140.00-160.00 120.00 105.00-120.00 Rice millfeed 60.00-65.00 NA NA ----- Rice hulls(ground) 5.00-15.00 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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