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Weekly world market rice prices - USDA

Aug 5 (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 2020 crop, which became effective at 7 a.m. Eastern Time August 5. The report reflects changes in world prices, 2020-crop loan rates and milling yields, and updated values for domestic byproduct prices, costs of milling, bagging, and exporting milled rice, USDA said. The next rice report will be issued on Wednesday, August 12. --------World Price------- MLG/LDP Rate Milled Value Rough Rough ($/cwt) ($/cwt) ($/cwt) Long Grain 17.31 11.05 0.00 Medium/Short 16.99 11.43 0.00 Grain Brokens 10.98 ----- ---- This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and the corresponding loan rates: U.S. Milling Yields Loan Rate Whole/Broken (lbs/cwt) ($/cwt) Long Grain 54.76/14.31 7.00 Medium/Short 61.12/9.55 7.00 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)

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