You are here

Weekly world market rice prices - USDA

Feb 27 (Reuters) - The U.S. Agriculture Department's Commodity Credit Corporation announced the following world market prices of milled and rough rice. The data is adjusted for U.S. milling yields and location, and the resulting marketing loan gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2018 crop. Rough rice prices increased by $0.07 per cwt for both long- and medium/short grain from the previous announcement. The next rice report will be issued on Wednesday, March 6. --------World Price------- MLG/LDP Rate Milled Value Rough Rough ($/cwt) ($/cwt) ($/cwt) Long Grain 13.41 8.32 0.00 Medium/Short 12.91 8.91 0.00 Grain Brokens 8.09 ----- ---- 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 Loan Rate Whole/Broken (lbs/cwt) ($/cwt) Long Grain 53.56/14.05 6.26 Medium/Short 64.00/8.00 6.68 Grain LINKS: * CBOT rice futures prices * USDA weekly rice export highlights * USDA weekly rice crop progress * Reuters top commodities stories (Washington commodities desk, 202 898 8318)

© Copyright Thomson Reuters 2019. Click For Restrictions - http://about.reuters.com/fulllegal.asp

Read more about

Tip of the Day

Farmer-Built Bucket Opener Saves Hands

bucket opener I built my own bucket-opening tool from a 12-inch-long piece of ½-inch rebar, 1½-inch length of ¾-inch angle iron bent to a V-shape, and a... read more

Talk in Marketing