USDA National Weekly Rice Review
Apr 29,2008 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 42.50-50.00 38.00-45.00 36.00-42.50
Medium grain 37.50-40.00 36.00-37.50 30.00-40.00
Short grain 33.00-39.00
Parboiled 45.50-51.00 40.00-48.00 45.00-45.50
Second heads 26.00-30.00 26.00-27.00 21.00-26.00 25.00-27.00
Brewers 25.00-30.00 25.00-27.00 19.00-25.00 21.00-25.00
Feed by-products (spot prices, dollars per short ton, fob mills).
Rice bran 115.00-120.00 125.00-135.00 110.00-115.00 135.00-180.00
Rice millfeed 52.00-65.00 58.00-60.00 45.00-50.00
Rice hulls 35.00-40.00 15.00-20.00 no quote 24.00
Domestic Situation: Domestic milled rice price quotes continue to be sharply higher in the south due to futures prices. Wide price ranges also continue. In California prices have also continued to move upward. By-products were uneven, mostly steady to lower in the south and steady to higher in California.
In the south, long grain rice prices ranged from steady to 6.00 higher, quoted mostly at 42.50-45.00; medium grain prices were steady to 4.50 higher, quoted mostly at 37.50-40.00; parboiled rice prices were steady to 6.50 higher, quoted mostly at 45.50-48.00; second heads were steady to 4.00 higher, quoted mostly at 26.00-30.00; brewers were steady to 5.00 higher, quoted mostly at 25.00-27.00. Rice by-products: Offers for rice bran were 10.00 higher to 10.00 lower, mostly steady; millfeed was steady to 13.00 lower, mostly steady to 5.00 lower; hulls were steady to 5.00 lower.
In California, medium grain milled rice prices were steady to 5.50 higher, quoted mostly at 32.00-37.50; short grain prices were steady to 3.00 higher; second heads were 1.00-2.00 higher; brewers were steady to 3.00 higher. Rice bran was steady; rice hulls were steady.