USDA Weekly Rice Review - Oct 9
Oct 09,2007 00:00 by newseditor

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      19.50-20.00   19.00-24.75   18.75-19.00
Medium grain    23.00-24.50                 22.00-24.50   26.50-28.00
Short grain                                                     28.00
Parboiled       21.50-25.00   23.50-31.00         31.50
Second heads    16.50-17.00   16.00-16.50   15.00-16.50   18.50-22.50
Brewers         15.50-16.50         16.00   15.00-16.00   15.75-18.00
 
Feed by-products (spot prices, dollars per short ton, fob mills).
 
Rice bran       90.00-110.00 90.00-110.00  93.00-100.00        105.00
         mostly 92.00-100.00
Rice millfeed    40.00-43.00  38.00-40.00   35.00-40.00
Rice hulls       20.00-27.00        13.00      no quote         18.00


Domestic Situation: Domestic milled rice price quotes were steady to higher in the south and steady in California. By-products were higher in the south, and steady in California.


In the south, long grain rice prices were steady to instances 1.25 higher,quoted mostly at 19.50-19.75; medium grain prices were steady to instances 50 cents lower, quoted mostly at 23.00-24.50; parboiled rice prices were steady to instances 50 cents higher, quoted mostly from 21.50-25.00; second heads were steady to instances 1.00 higher, quoted mostly at 16.00-16.50; brewers were steady to instances 1.00 higher, quoted mostly at 15.50-16.00. Rice by-products: Offers for rice bran were steady to 10.00 higher, mostly steady to 3.00 higher;
millfeed was 2.00-5.00 higher; hulls were 3.00-7.00 higher.
 
In California, medium grain milled rice prices were steady, quoted mostly from 26.50-27.00; short grain prices were steady; second heads were steady, quoted mostly at 18.50-19.00; brewers were steady, quoted mostly at 15.75-16.00. Rice bran was steady; rice hulls were steady.