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.