USDA ANNOUNCES WORLD MARKET RICE PRICES
The U.S. Agriculture Department
announced the following prevailing world market prices of rice
on a loan-rate basis, with previous prices --
    -- Long grain whole kernels 5.87 cts per lb vs 5.70
    -- Medium grain whole kernels 5.28 cts per lb vs 5.12
    -- Short grain whole kernels  5.22 cts per lb vs 5.06
    -- Broken kernels 2.94 cts per lb vs 2.85
    The repayment rate for 1986-crop warehouse or farm-stored
rice loans are the higher of the world price or 50 pct of the
loan rate of 7.20 dlrs per cwt.
    The prices will remain in effect for a week, but new prices
could be announced earlier if warranted, USDA said.
 Reuter
