USDA Ark/Louisiana/Tex/Calif Weekly Rice Review - May 15

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LR_GR410

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Little Rock, AR Mon May 15, 2017 USDA Market News Service

National Weekly Rice Summary

(Arkansas-Louisiana-Texas-California)

Domestic Trend

In the south, long and medium grain milled rice prices steady. Parboiled

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prices steady. Second heads and Brewers steady. Rice by-products: Rice Bran,

Millfeed and rice hulls steady. NASS crop progress report shows rice planted in

AR 95%, LA 99%, MS 89%, MO 85% and TX 84%. Rice emerged in AR 89%, LA 95%, MS

74%, MO 71% and TX 80%. All are par with 5 year average, except Texas.

In California, medium grain milled rice steady. Second heads and Brewers

steady. Rice by-products: Rice Bran and Rice hulls steady. NASS crop progress

report shows rice planted as 27% which continues below the 5 year average.

CME Rough Rice settlements for Monday 15th, Jly 17 closed .22 higher at 10.63;

Sep 17 closed .215 higher at 10.875; Nov 17 closed .22 higher at 11.115. US

dollar index on Monday settled at 98.88.

Arkansas Texas Louisiana California

MILLED RICE

Long white 19.50-21.00 20.50-22.75 22.00 -----

Long brown 21.50-22.50 24.75 NA -----

Medium white 21.50-22.00 ----- 22.00 25.00-28.00

Medium brown 22.50 ----- NA 26.00-29.00

Short white ----- ----- ----- NA

Parboiled 21.50-22.50 27.00 ----- -----

Second heads 15.00-15.75 14.00 14.00-14.75 11.00-12.00

Brewers 13.50-15.00 12.25-13.00 12.50-13.50 8.00-11.00

Domestic shipment: Offers, fob mills, milled rice, spot prices, dollars per

cwt, bagged. (All milled rice grade No 2 not to exceed 4 percent broken, except

California grade No 1. All second heads grade No 4 or better, second head and

brewers are bulk.) Rough rice per cwt FOB farm for grade 2, milling 55/70.

Rice by-products (spot prices, dollars per short ton, fob mills).

Rice fat bran 55.00-70.00 60.00-70.00 60.00-70.00 105.00-115.00

Rice millfeed 40.00 30.00-35.00 40.00-45.00 -----

Rice hulls(ground) 5.00 5.00 5.00 NA

Rice hulls(whole) 10.00 0.00-5.00

*NA = not available

Source: USDA Market News Service, Little Rock, AR

James M. Ward, (501)671-2203 JamesM.Ward@ams.usda.gov

www.ams.usda.gov/mnreports/LR_GR410.txt

www.ams.usda.gov/lsmarketnews

(END) Dow Jones Newswires

May 15, 2017 23:33 ET (03:33 GMT)