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

USDA Weekly National Rice Summary

Monday Oct 23, 2017

Agriculture Marketing Service

Volume 98

Livestock, Poultry & Grain Market News

Report Number 41

In the south, long and medium grain milled rice prices steady. Parboiled prices steady. Second heads and Brewers steady. Rice by-products: Rice Bran, Millfeed and Rice Hulls steady. In California, medium grain milled rice prices steady to firm. Second heads and Brewers steady to firm. Rice by-products: Rice Bran prices steady to firm; Rice hull market mostly non-existent as trade avenues were lost due to less expensive/easier obtainable substitutes. Rice Mills are having to pay to dispose of rice hulls. CME Rough Rice settlements for Monday 23rd, Nov 17 closed .10 lower at 11.975; Jan 18 closed .105 lower at 12.28; Mar 18 closed .10 lower at 12.535. US dollar index on Monday settled at 93.86.

YEAR AGO Oct 24, 2016 SOUTHERN STATES ARKANSAS TEXAS LOUISIANA CALIFORNIA CALIFORNIA MILLED RICE: Spot Prices, Dollars Per 100 lb Bagged, Domestic, F.O.B. Mills 23.50-24.50 23.00-24.00 24.50 -20.50-23.75 -25.50 26.00 NA -22.50-24.00 -25.00 -24.50 30.00-36.00 22.00-28.00 26.00-30.00 NA -NA 32.00-36.00 23.00 27.00-31.00 ---NA -NA 25.50-27.50 28.00 -23.00-28.00 -15.00-18.00 14.00 12.00-12.25 15.00-19.00 15.25-17.00 8.00-14.00 THIS WEEK Oct 23, 2017

Long white 1/ Long brown 1/ Medium white 1/ Medium brown 1/ Short white 1/ Parboiled Second Head 2/ Brewers (Bulk)

15.00

12.00-12.25 9.50 14.00-16.00 12.50-16.00 FEED BY-PRODUCTS: Spot Prices, Dollars Per Ton, Bulk, F.O.B. Mills 95.00-105.00 100.00-120.00 110.00-130.00 120.00-140.00 100.00-120.00

Bran Millfeed Rice Hulls ground (whole)

35.00-42.00

35.00-40.00

40.00

--

35.00-45.00

4.00-6.00

5.00

5.00

0.00

5.00-15.00

California Medium Grain

--

*NA = not avaiable *M = mostly

Southern States Long Grain

27 26

37

25

35

24

33 31

23

29

22

27

100.00-110.00

(5.00-10.00)

1/ California: U.S. No. 1. Southern States: U.S. No. 2 but brokens not to exceed 4 percent. 2/ U.S. No. 4 or better, bulk.

39

8.00-12.00

J

F

M

A

M 2017

J

J

A 2016

S

O 5 Yr Avg

N

D

21

J

F

M

A

M 2017

J

J

A

S

2016

World Rice Prices: http://www.fsa.usda.gov/FSA/epasReports?area=home&subject=ecpa&topic=fga-rp Rough Rice Futures: http://www.cmegroup.com/trading/agricultural/grain-and-oilseed/rough-rice_quotes_settlements_futures.html Weekly Rice Price Update, Bangkok, Thailand: http://gain.fas.usda.gov/Pages/Default.aspx Weekly Rice Highlights: http://www.fas.usda.gov/export-sales/highlite.htm Outstanding U.S. Rice Export Sales: http://www.fas.usda.gov/export-sales/rice.htm

Source: USDA AMS Livestock, Poultry & Grain Market News www.ams.usda.gov/lpsmarketnewspage Little Rock, Arkansas (501) 671-2203 email: [email protected]

O 5 Yr Avg

N

D