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USDA Weekly Rice Review -Jun 25

By news desk on June 25,2007

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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      19.00-19.25   19.00-23.50   18.50-19.00
Medium grain    20.00-25.00                 22.00-25.00   24.50-28.00
Short grain                                               26.50-27.00
Parboiled       20.00-23.00   23.50-31.00         31.50
Second heads    15.50-16.00   15.00-16.00   15.00-15.50   16.00-21.50
Brewers         15.00-15.50   15.00-15.50   14.50-15.00   15.00-16.75
 
Feed by-products (spot prices, dollars per short ton, fob mills).
 
Rice bran       78.00-90.00   83.00-85.00   70.00-80.00   85.00-90.00
Rice millfeed         36.00   33.00-35.00      no quote
Rice hulls            15.00         10.00      no quote   14.00-16.00
 


Domestic Situation: Domestic milled rice price quotes were steady in the south and steady in California. By-products were steady to higher in the south and steady in California. 
 
In the south, long grain rice prices were steady, quoted mostly at 19.00-19.25; medium grain prices were steady, quoted mostly at 22.00-25.00; parboiled rice prices were steady, quoted mostly from 20.00-23.50; second heads were steady; brewers were steady. Rice by-products: Offers for rice bran were steady to 5.00 higher, with tight spot supplies; millfeed was steady; hulls with limited sales were steady.
 
In California, medium grain milled rice prices were steady, quoted mostly from 25.00-26.00; short grain prices were steady; second heads were steady quoted mostly from 17.00-17.50; brewers were steady, quoted mostly at 16.00. Rice bran was steady; rice hulls were steady, quoted mostly at 15.00.


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