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USDA National Weekly Rice Review

By news desk on May 20,2008

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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   42.00-45.00                        40.00   40.00-43.00
Short grain                                               44.00-44.50
Parboiled      47.00-51.00    43.00-48.00         50.00
Second heads   26.00-30.00    26.00-27.00   21.00-26.00   26.00-38.00
Brewers        25.00-27.00    25.00-27.00   19.00-25.00   24.00-30.00
 
Feed by-products (spot prices, dollars per short ton, fob mills).
 
Rice bran     100.00-120.00 110.00-115.00 100.00-120.00 135.00-160.00
Rice millfeed   52.00-60.00   48.00-50.00      no quote
Rice hulls            25.00         12.00      no quote         24.00 

 


Domestic Situation: Domestic milled rice price quotes were mostly steady, instances 4.00 to 6.00 higher on medium grain, in south and in California this week. By-products were steady to lower in the south and steady in California.
 
In the south, long grain rice price quotes were steady, quoted mostly at 44.00-45.00; medium grain prices were steady to instances 6.00 higher, quoted mostly at 40.00-42.00 in very tight supply; parboiled quotes were steady, quoted mostly at 47.00-48.00; second heads were steady, quoted mostly at 26.00-27.00; brewers were steady, quoted mostly at 25.00. Rice by-products: Offers for rice bran were steady to 10.00 *lower*; millfeed was steady to 2.00 lower; hulls were 3.00-12.00 lower.
 
In California, medium grain milled rice prices were steady to 5.00 higher; short grain prices were steady; second heads were steady, quoted mostly at 27.00-28.00; brewers were steady to 3.00 higher, quoted mostly at 24.00-25.00. Rice bran was steady; rice hulls were steady.


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