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USDA National Weekly Rice Review

By news desk on February 26,2008

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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     26.00-26.50    25.00-27.50   25.50-26.50
Medium grain   25.00-26.00                  24.75-25.00   27.00-29.00
Short grain                                                     28.50
Parboiled      28.50-31.50    28.50-33.00         38.00
Second heads   16.50-18.00    16.50-17.50   16.50-17.00   22.00-24.00
Brewers        15.00-17.50    15.75-17.50   15.25-15.50   16.50-17.50
 
Feed by-products (spot prices, dollars per short ton, fob mills).
 
Rice bran     100.00-118.00 110.00-115.00 105.00-110.00 130.00-160.00
Rice millfeed   52.00-65.00      no quote      no quote
Rice hulls            30.00      no quote   10.00-12.00         24.00
 
                           
Domestic Situation: Domestic milled rice price quotes were steady to higher in the south and in California. By-products were uneven, mostly steady to higher in the south and steady to higher in California.
 
In the south, long grain rice prices were steady to 75 cents higher, quoted mostly at 26.50; medium grain prices were steady; parboiled rice prices were steady, quoted mostly at 28.50; second heads were steady to 50 cents higher; brewers were steady, quoted mostly at 16.50. Rice by-products: Offers for rice bran were uneven, near steady; millfeed was steady to 2.00 higher; hulls were steady.
 
In California, medium grain milled rice prices were steady to firm, quoted mostly at 27.50; short grain prices were steady to 50 cents higher; second heads were steady 1.00 higher; brewers were steady to instances 1.50 lower. Rice bran was 5.00-25.00 higher; rice hulls.

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