Agfax Buzz:
    April 25, 2012

    Rough Rice Prices Unchanged

    AgFax.Com - Your Online Ag News Source

    From USDA, USA Rice Federation

    The Department of Agriculture’s Commodity Credit Corporation today announced the following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and the resulting marketing loan-gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2011 crop, which will become effective today at 7:00 a.m., Eastern Time (ET).  Prices are unchanged from the previous announcement.

     

    World Price
    MLG/LDP Rate
    Milled Value ($/cwt)
    Rough ($/cwt)
    Rough ($/cwt)
    Long-Grain
     17.52
    11.28
    0.00
    Medium-/Short-Grain
      17.31
    11.68
    0.00
    Brokens
    12.40
    —-
    —-

    This week’s prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and the corresponding loan rates:

    U.S. Milling Yields
    Whole/Broken
    (lbs/cwt)
    Loan Rate
    ($/cwt)
    Long-Grain
    55.09/13.13
    6.40
    Medium-/Short-Grain
    62.12/7.50
    6.46

    Tags:

    Leave a Reply

    Name and Email Address are required fields. Your email will not be published or shared with third parties.

    Agfax Rice News

    Keith Good: Pork Prices Drop as Hog Herd Recovers from PEDv Outbreak1-27

    DTN Fertilizer Outlook: Slow Demand Holds Prices Down1-26

    Louisiana: Stored Rice Pest Management Workshop Feb. 25 in Crowley1-26

    Keith Good: Farmland Holds its Value Despite Drop in Commodity Prices1-26

    Rice Market: Seen a Soybean Rally Lately? Some Farmers Look for Alternative Crop.1-23

    Missouri: Insect Management Guide, Resistence Research1-23

    Louisiana Rice: Stored Insect Pest Management Workshop, Crowley, Feb. 251-23

    AFB Rice Close: Futures End Just Above Support1-23

    Arkansas: Irrigation Expo Slated for Feb. 25 at Stuttgart1-23

    Arkansas: ASU’s Agribusiness Conference Slated Feb. 11 in Jonesboro1-23

    Keith Good: World Grain Inventories Headed for Highest in 30 Years1-23

    AFB Rice Close: Futures Fall with Lack of Export Report1-22

    Residential Propane Price Increases, Heating Oil Declines1-22

    Propane Stocks Fall Over 3M Barrels1-22

    Gasoline Prices Continue Downward1-22

    Farming and Bankruptcy – 9 Lessons You Need to Know1-22

    Diesel Drops Below $31-22

    Keith Good: U.S. Sorghum Demand Spikes as China Imports Increase1-22

    AFB Rice Close: Futures Move Higher on Building Support1-21

    Ag Policy: Trade May Be Only Bright Spot in 2015 Politics – DTN1-21

    Row Crop Margin Squeeze: 12 Strategies To Help You Survive1-21

    Keith Good: Midwest Grain Farmers Brace for Big Losses in 20151-21

    AFB Rice Close: Lower in Narrow Range1-20

    Keith Good: Cotton Prices Softening; EPA Faces Water Rule Hurdles1-20

    Keith Good: Water Regulations – Iowa Lawsuit Could Have National Implications1-19

    AFB Rice Close: Futures Turn Slightly Lower1-16

    Keith Good: New Herbicide-Resistant Cotton, Soybean Seeds Approved1-16