USDA National Weekly Rice Review
Apr 22,2008 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     36.50-45.00    36.00-40.00   31.50-42.50
Medium grain   36.00-37.50                  31.50-37.50   30.00-34.50
Short grain                                               33.00-36.00
Parboiled      39.00-45.50    38.00-46.00   40.00-45.50
Second heads   25.00-26.00    25.00-26.00   18.00-26.00   24.00-25.00
Brewers        24.00-25.00    25.00-26.00   17.00-25.00   21.00-22.00
 
Feed by-products (spot prices, dollars per short ton, fob mills).
 
Rice bran     105.00-120.00 125.00-135.00        120.00 135.00-180.00
Rice millfeed         65.00   58.00-60.00         50.00
Rice hulls            40.00   15.00-20.00         15.00         24.00
 
                            

Domestic Situation: Domestic milled rice price quotes were sharply higher in the south due to dramatically higher futures prices. This has resulted in wide price ranges as mills struggle to determine domestic pricing in the face of daily increasing replacement costs of rough rice. In California prices have also begun to feel the effects and move upward. By-products were steady to lower in the south and steady to higher in California.
 
In the south, long grain rice prices ranged from steady to 9.50 higher, quoted mostly at 36.50-42.50; medium grain prices were steady to 2.00 higher, quoted mostly at 36.00-37.50; parboiled rice prices were steady to 6.50 higher, quoted mostly at 40.00-45.50; second heads were steady to 4.00 higher, quoted mostly at 25.00-26.00; brewers were steady to 5.00 higher, quoted mostly at 24.00-25.00. Rice by-products: Offers for rice bran were steady to 13.00 lower; millfeed was steady to 2.00 lower; hulls were not quoted a week ago.
 
In California, medium grain milled rice prices were 1.50-4.00 higher; short grain prices were 3.00-4.50 higher; second heads were steady to 2.00 higher; brewers were 2.50-3.00 higher. Rice bran was steady to 15.00 higher; rice hulls were steady.