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USA Rice Federation is the global advocate of all segments of the U.S. rice industry with a mission to promote and protect the interests of producers, millers, merchants and allied businesses.
Thursday, May 29, 2014

USA Rice Sponsored Visit of Iraq Grain Board Results in Technical Solutions 

Mill tour
Members of the Iraq Grain Board
at an ADM facility in Louisiana

ARLINGTON, VA - The USA Rice Federation is reporting several positive developments following a Federation sponsored tour of delta rice country by representatives of the Iraq Grain Board (IGB) earlier this month (see USA Rice Daily, May 15, 2014).

 

The IGB representatives who participated in the week-long educational trip included Hasan Ibrahim, Director General of the Grain Board of Iraq, Laboratory Manager Ali Mensheid, and Import Manager Nuha Al-Musawi.

 

"We brought the officials here so we could better acquaint them with U.S. rice production, processing, and shipping procedures in the hopes we could find solutions to some obstacles currently impeding U.S. rice imports into Iraq," said Jim Guinn, vice president of international promotion for USA Rice.

 

Guinn says, by any measure, the trip was a success.

 

Chalk, broken content, and foreign matter in bulk shipments are areas of concern to the IGB, and significant progress was made in all three.

 

"During our meetings, it became clear that the IGB was only looking at whole kernels to determine chalk levels," said Guinn. "USDA procedure is to cut open suspected chalky kernels and only count them as chalky if the inside is chalky as well. The IGB said they will revisit their inspection procedures in light of their greater understanding of USDA standards for rice gained on this trip."

Guinn also said the IGB will review their broken percentage requirements in view of the fact that there would be little impact on consumers.

 

"And with regard to foreign material in bulk shipments, we've discussed one part of the solution as enhanced inspections of ship holds prior to loading, since this is where some of the problem is thought to originate," said Guinn.

 

"The delegation was very positive about the potential for increasing U.S. rice imports into Iraq in the coming months and years," said Hartwig Schmidt, USA Rice's regional director of international market development, who accompanied the delegation. "Given the technical understandings we've jointly identified, along with some of the new marketing initiatives we're developing in concert with the IGB to establish a U.S. 'brand', I think we have a good outlook in Iraq."

 

Contact:  Michael Klein (703) 236-1458

 

CME Group/Closing Rough Rice Futures   
CME Group (Preliminary):  Closing Rough Rice Futures for May 29


Month
Price
Net Change
July 2014
$15.025
- $0.025
September 2014
$14.390
+ $0.005
November 2014
$14.510
 + $0.005
January 2015
$14.660
- $0.005
March 2015
$14.835
+ $0.015
May 2015
$14.835
+ $0.015
July 2015
$14.835
+ $0.015


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USA Rice Federation is the global advocate for all segments of the U.S. rice industry with a mission to promote and protect the interests of producers, millers, merchants and allied businesses.
About Us
Editor: Michael Klein,
(703) 236-1458,
mklein@usarice.com

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This report is time-sensitive, based on information available at press time. Content is derived from facts and sources believed to be reliable. Reprinting and/or distribution may be done with permission of the USA Rice Federation

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