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USDA National Weekly Rice Review

By news desk on April 29,2008

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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     42.50-50.00    38.00-45.00   36.00-42.50
Medium grain   37.50-40.00                  36.00-37.50   30.00-40.00
Short grain                                               33.00-39.00
Parboiled      45.50-51.00    40.00-48.00   45.00-45.50
Second heads   26.00-30.00    26.00-27.00   21.00-26.00   25.00-27.00
Brewers        25.00-30.00    25.00-27.00   19.00-25.00   21.00-25.00
 
Feed by-products (spot prices, dollars per short ton, fob mills).
 
Rice bran     115.00-120.00 125.00-135.00 110.00-115.00 135.00-180.00
Rice millfeed   52.00-65.00   58.00-60.00   45.00-50.00
Rice hulls      35.00-40.00   15.00-20.00      no quote         24.00
 
                          
Domestic Situation: Domestic milled rice price quotes continue to be sharply higher in the south due to futures prices. Wide price ranges also continue. In California prices have also continued to move upward. By-products were uneven, mostly steady to lower in the south and steady to higher in California.
 
In the south, long grain rice prices ranged from steady to 6.00 higher, quoted mostly at 42.50-45.00; medium grain prices were steady to 4.50 higher, quoted mostly at 37.50-40.00; parboiled rice prices were steady to 6.50 higher, quoted mostly at 45.50-48.00; second heads were steady to 4.00 higher, quoted mostly at 26.00-30.00; brewers were steady to 5.00 higher, quoted mostly at 25.00-27.00. Rice by-products: Offers for rice bran were 10.00 higher to 10.00 lower, mostly steady; millfeed was steady to 13.00 lower, mostly steady to 5.00 lower; hulls were steady to 5.00 lower.
 
In California, medium grain milled rice prices were steady to 5.50 higher, quoted mostly at 32.00-37.50; short grain prices were steady to 3.00 higher; second heads were 1.00-2.00 higher; brewers were steady to 3.00 higher. Rice bran was steady; rice hulls were steady.

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