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Rice

Rice is a cereal grain and one of the most widely consumed foodstuffs throughout the world

Deliverable Rough Rice grades for futures contracts on the Chicago Board of Trade are: U.S. No. 2 or better long grain rough rice with a total milling yield of not less than 65% including head rice of not less than 48%. Premiums and discounts are provided for each percent of head rice over or below 55%, and for each percent of broken rice over or below 15%. No heat-damaged kernels are permitted in a 500-gram sample and no stained kernels are permitted in a 500-gram sample. A maximum of 75 lightly discolored kernels are permitted in a 500-gram sample.

See the attached map that shows where the larger quantities of rice are grown.

RiceRice
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