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USDA US World Market Price Rice - March 28, 2007
Posted on Thursday, March 29 @ 03:13:52 CDT by ricenews
 USA RiceUSA Rice

The following world prices of rice are effective from 03/28/07 at 7:00 am eastern time until the next announcement occurs. The next price announcement is scheduled for 04/04/07 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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