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USDA National Weekly Rice Review

By news desk on May 06,2008

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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     40.00-45.00    41.00-45.00   42.50-44.00
Medium grain   36.00-40.00                  36.00-40.00   32.00-43.00
Short grain                                               33.00-44.50
Parboiled      47.00-51.00    43.00-48.00         46.00
Second heads   26.00-30.00    26.00-27.00   21.00-26.00   25.00-27.00
Brewers        25.00-27.00    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     105.00-125.00 120.00-125.00 105.00-120.00 135.00-180.00
Rice millfeed   52.00-62.00         58.00   45.00-50.00
Rice hulls            35.00   15.00-20.00         12.00         24.00
 
                            
Domestic Situation: Domestic milled rice price quotes were uneven in south this week as prices finally began to settle down and price spreads have narrowed up. Wide price ranges continue in California as prices have continued to move upward. By- products were uneven, mostly steady to lower in the south and steady in California.
 
In the south, long grain rice prices ranged unevenly from 5.00 lower to 6.50 higher, quoted mostly at 44.00-45.00; medium grain prices were unevenly 1.50 lower to 2.50 higher; parboiled rice prices were steady to 3.00 higher, quoted mostly at 46.00-48.00; second heads were steady, quoted mostly at 26.00-27.00; brewers were steady to instances 3.00 lower, quoted mostly at 25.00. Rice by- products: Offers for rice bran were unevenly 5.00 higher to 10.00 lower, mostly steady to 10.00 lower; millfeed was steady to 3.00 lower; hulls were steady to 5.00 lower.
 
In California, medium grain milled rice prices were 2.00-3.00 higher, quoted mostly at 32.00-36.00; short grain prices were steady to 5.50 higher; second heads were steady; brewers were steady. Rice bran was steady; rice hulls were steady.

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