National Weekly Rice Summary

  • 1655
  • AMS_1655
  • National Weekly Rice Summary
  • Little Rock, AR

This report contains either bids, trades, asking prices, harvest contracts, or combination thereof for coarse grains, oilseeds, and/or pulse commodities.  Price information is categorized on class and grade using USDA grade standards.  Reports are organized based on USDA’s LPGMN formatting guidelines and instructions, under the Voluntary Price Reporting authority of USDA’s Agricultural Marketing Service.  Reports listed as daily are released after the official close for grain futures at the CME Group and MGEX. All others are released weekly/monthly dependent on their individual schedule.

Market information and data is collected from a wide network of elevators, warehouses, processors, and mills across the reporting region. The means of data collection is accomplished through telecommunication, emails, and review of company websites. Primary contacts are visited minimum once a year to ensure the accuracy of the information being submitted. Two-party verification is utilized when needed on all price information declared as a “Trade.”

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