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.
  

