USDA Ark/Louisiana/Tex/Calif Weekly Rice Review - Feb 8
February 08 2016 - 4:22PM
Dow Jones News
LR_GR410
Little Rock, AR Mon Feb 08, 2016 USDA Market News Service
National Weekly Rice Summary
(Arkansas-Louisiana-Texas-California)
Domestic Trend
In the south, long and medium grain milled rice prices steady with a lower
undertone. Parboiled, Second heads and Brewers prices mostly steady. Rice by-
products: Rice Bran prices steady to firm; Millfeed and ground hull prices not
well tested due to limited quotes. Louisiana ports continues to ship rough rice
south. Water allocation and costs in Texas continues to be a hot topic.
In California, medium grain milled rice prices steady to weak. Second heads
and Brewers prices steady. Rice by-products: Rice Bran prices mostly steady.
Rice hulls spot trade not well tested. Market prices continues to soften.
CME Rough Rice settlements for Friday 5th, Mar 16 closed .07 higher at 11.12;
May 16 closed .07 higher at 11.395; Jul 16 closed .07 higher at 11.675. US
dollar index on Friday settled at 96.96.
Arkansas Texas Louisiana California
MILLED RICE
Long white 23.00 23.50-26.75 23.00 -----
Long brown 24.00-25.00 NA NA -----
Medium white 23.00-25.00 ----- 28.00 32.00-38.00
Medium brown 24.00 ----- NA 36.00-39.00
Short white ----- ----- ----- NA
Parboiled 25.00-26.50 31.50 32.00 -----
Second heads 15.25-19.00 20.00-22.00 15.00 15.00-19.00
Brewers 14.50-16.75 14.75-18.00 12.00 13.00-15.00
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 120.00-140.00 130.00-160.00 125.00 100.00-120.00
Rice millfeed 65.00-70.00 NA NA -----
Rice hulls(ground) 10.00-20.00 NA NA NA
Rice hulls(whole) NA
*M = mostly
*NA = not available
Source: USDA Market News Service, Little Rock, AR
James M. Ward, (501)671-2203 JamesM.Ward@ams.usda.gov
www.ams.usda.gov/mnreports/LR_GR410.txt
www.ams.usda.gov/lsmarketnews
(END) Dow Jones Newswires
February 08, 2016 16:07 ET (21:07 GMT)
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