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USDA Weekly Rice Review - Aug 27

By news desk on August 27,2007

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Domestic shipment: Offers, fob mills, milled rice, spot prices, dollars per cwt, bagged. (All milled rice grade No 2 not to exceed 4 percent brokens, except California grade No 1. All second heads grade No 4 or better, second head and brewers are bulk.)

 Arkansas         Texas     Louisiana    California
Long grain      19.00-19.50   19.00-23.50   18.50-19.00
Medium grain    20.00-25.00                 22.00-25.00   24.50-28.00
Short grain                                               26.50-27.00
Parboiled       20.00-23.00   23.50-31.00         31.50
Second heads    15.50-16.00   15.00-16.00   15.00-15.50   16.00-21.50
Brewers         15.00-15.50   15.00-15.50   14.50-15.00   15.00-16.75
 
Feed by-products (spot prices, dollars per short ton, fob mills).
 
Rice bran       90.00-100.00 87.00-105.00   83.00-87.00  95.00-100.00
Rice millfeed   35.00-38.00         35.00      no quote
Rice hulls      10.00-20.00         13.00      no quote   14.00-16.00
 


Domestic Situation: Domestic milled rice price quotes were steady in the south and in California. By-products were uneven in the south and steady in California.

In the south, long grain rice prices were steady, quoted mostly at 19.00-19.50; medium grain prices were steady, quoted mostly at 22.00-25.00; parboiled rice prices were steady, quoted mostly from 20.00-23.50; second heads were steady; brewers were steady. Rice by-products: Offers for rice bran were unevenly 10.00 higher to 5.00 lower, with tight spot supplies (Arkansas bran
mostly 95.00-100.00); millfeed was steady to 2.00 lower; hulls with limited sales were steady to 2.00 higher.
 
In California, medium grain milled rice prices were steady, quoted mostly from 25.00-26.00; short grain prices were steady; second heads were steady quoted mostly from 17.00-17.50; brewers were steady, quoted mostly at 16.00. Rice bran was steady; rice hulls were steady, quoted mostly at 15.00.

 


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