Nope.
It's made by stripping out all the nutrients of the grains and replacing them with a bunch of added sugar.
And Nope.
I will add Food to the list I have of subjects you are TOTALLY ignorant on.
The bran and germ are removed and sugar are added. In some cases, so much sugar is added that sugar becomes the third ingredient on the packaging:
https://www.livestrong.com/article/556978-sugar-content-in-brown-rice-vs-wheat-bread/
What you end up with is a product that has more carbs, more sugar (including plenty of added sugar) and less protein because it isn’t the whole grain anymore.