Rough Rice Prices Unchanged

Ernst Undesser
From USDA, USA Rice Federation April 25, 2012 15:39

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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
Ernst Undesser
From USDA, USA Rice Federation April 25, 2012 15:39

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