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 36.50-45.00 36.00-40.00 31.50-42.50
Medium grain 36.00-37.50 31.50-37.50 30.00-34.50
Short grain 33.00-36.00
Parboiled 39.00-45.50 38.00-46.00 40.00-45.50
Second heads 25.00-26.00 25.00-26.00 18.00-26.00 24.00-25.00
Brewers 24.00-25.00 25.00-26.00 17.00-25.00 21.00-22.00
Feed by-products (spot prices, dollars per short ton, fob mills).
Rice bran 105.00-120.00 125.00-135.00 120.00 135.00-180.00
Rice millfeed 65.00 58.00-60.00 50.00
Rice hulls 40.00 15.00-20.00 15.00 24.00
Domestic Situation: Domestic milled rice price quotes were sharply higher in the south due to dramatically higher futures prices. This has resulted in wide price ranges as mills struggle to determine domestic pricing in the face of daily increasing replacement costs of rough rice. In California prices have also begun to feel the effects and move upward. By-products were steady to lower in the south and steady to higher in California.
In the south, long grain rice prices ranged from steady to 9.50 higher, quoted mostly at 36.50-42.50; medium grain prices were steady to 2.00 higher, quoted mostly at 36.00-37.50; parboiled rice prices were steady to 6.50 higher, quoted mostly at 40.00-45.50; second heads were steady to 4.00 higher, quoted mostly at 25.00-26.00; brewers were steady to 5.00 higher, quoted mostly at 24.00-25.00. Rice by-products: Offers for rice bran were steady to 13.00 lower; millfeed was steady to 2.00 lower; hulls were not quoted a week ago.
In California, medium grain milled rice prices were 1.50-4.00 higher; short grain prices were 3.00-4.50 higher; second heads were steady to 2.00 higher; brewers were 2.50-3.00 higher. Rice bran was steady to 15.00 higher; rice hulls were steady.