The following world prices of rice are effective from 03/07/07 at
7:00 am eastern time until the next announcement occurs. The next
price announcement is scheduled for 03/14/07 at 7:00 am eastern time.
. Rates Per Hundredweight Rough
Rates Per Pound For . Rice for Farm-Stored and
Milled Rice Kernels . Warehouse Loans and LDPs
_____________________________________________________________________
.
2005 CROP . World Loan Market
World Loan . Market Gain and
Price Rate . Index LDP Rate
----Cents/Pound---- . ---$/Hundredweight---
.
Long 12.73 10.54 . 11.90 0.00
Medium 12.55 9.54 . 11.44 0.00
Short 12.53 9.54 . 11.43 0.00
Broken 6.37 5.27 . na na
_____________________________________________________________________
.
2006 CROP . World Loan Market
World Loan . Market Gain and
Price Rate . Index LDP Rate
----Cents/Pound---- . ---$/Hundredweight---
.
Long 12.36 10.52 . 11.68 0.00
Medium 12.18 9.52 . 11.22 0.00
Short 12.22 9.52 . 11.29 0.00
Broken 6.18 5.26 . na na
_____________________________________________________________________
The above prices are based on the following loan rates, world prices
and milling yields per hundredweight of rough rice:
2005 CROP
Loan Rate World Price . Whole/Broken Yield
------ $/Cwt ------ . (Pounds/Cwt)
.
Long 6.55 7.91 . 56.05/12.21
Medium 6.18 8.08 . 60.02/8.61
Short 6.23 8.12 . 59.63/10.22
2006 Crop
Loan Rate World Price . Whole/Broken Yield
------ $/Cwt ------ . (Pounds/Cwt)
.
Long 6.59 7.75 . 56.68/12.00
Medium 6.27 7.97 . 60.75/9.26
Short 6.37 8.14 . 63.11/6.94
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