USDA Supply/Demand Report: US Rice
By news desk on July 14,2008
U.S. Rice Supply and Use 1/ (Rough Equivalent of Rough and Milled Rice) ======================================= Item 2007/2008 2008/2009 prev Jul 11 prev Jul 11 ======================================= TOTAL Million Acres Area Planted 2.76 2.76 2.77 * 2.90 * Harvested 2.75 2.75 2.76 * 2.88 * Yield per harvested Pounds acre 7,185 7,185 7,145 * 7,121 * Million hundredweight Beginning stocks 2/ 39.3 39.3 22.1 26.1 Production 197.5 197.5 197.0 205.0 Imports 22.0 23.0 23.0 23.5 Supply, total 258.8 259.8 242.1 254.6 Domestic & residual 3/ 124.7 124.7 126.0 126.0 Exports, total 4/ 112.0 109.0 99.0 107.0 Rough 36.5 37.0 35.0 37.0 Milled (rough equiv.) 75.5 72.0 64.0 70.0 Use, total 236.7 233.7 225.0 233.0 Ending stocks 22.1 26.1 17.1 21.6 Avg. milling yield (%)5/ 70.5 70.5 70.5 70.5 Avg. farm prc ($/cwt) 6/ 35-12.65 12.80 16.50-17.5016.30-17.30 LONG GRAIN Harvested acres (mil.) 2.05 2.05 0.00 0.00 Yield (pounds/acre) 6,929 6,929 0 0 Beginning stocks 28.5 28.5 12.2 15.2 Production 142.2 142.2 142.0 154.0 Supply, total 7/ 186.2 186.7 170.7 185.7 Domestic & Residual 3/ 89.0 89.0 88.0 91.0 Exports 8/ 85.0 82.5 72.5 81.0 Use, total 174.0 171.5 160.5 172.0 Ending stocks 12.2 15.2 10.2 13.7 MEDIUM & SHORT GRAIN Harvested acres (mil.) 0.70 0.70 Yield (pounds/acre) 7,942 7,942 Beginning stocks 10.0 10.0 9.1 10.1 Production 55.3 55.3 55.0 51.0 Supply, total 7/ 71.8 72.3 70.6 68.1 Domestic & Residual 3/ 35.7 35.7 38.0 35.0 Exports 8/ 27.0 26.5 26.5 26.0 Use, total 62.7 62.2 64.5 61.0 Ending stocks 9.1 10.1 6.1 7.1
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