• Milling Yield Premium And Discount Schedule Effective September 4, 2012 In Rough Rice Futures

      • #
      • SER-6165
      • Notice Date
      • 14 March 2012
      • Effective Date
      • 04 September 2012
    • USDA has announced the 2012 rice loan rates by class. For the 2012 crop stored in commercial warehouses, the whole kernel (Head Rice) loan rate for long grain rice is $10.13 per cwt and the broken kernel loan rate for long grain rice is $6.03 per cwt. The CBOT Rough Rice futures contract milling yield premium and discount schedule that takes effect on the first delivery day of the September 2012 contract (September 4, 2012) is based on the 20 percent trimmed mean of the 2008 through 2012 USDA loan rates for long grain rice.

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