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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.
Friday, August 15, 2014

Turkey:  Post Ramadan Wrap-Up and a Look Ahead 

 
Please pass the rice 
ANKARA, TURKEY -- USA Rice Federation promotions in Turkey have led to significantly increased sales this year. Exports to Turkey have increased 220 percent (to 142,000 MT) in the first six months of the year over the same period last year.  In terms of value, exports have increased 313 percent to nearly $84 million.

 

USA Rice promotions focused on the Muslim holy month of Ramadan earlier this summer because the month represents the highest rice consumption period throughout the year (see other story).  Activities reached a record number of consumers, driving awareness for U.S. rice brands, with U.S. rice articles and recipes with colorful photos being placed in Turkey's major daily and online newspapers, magazines, and more than 100 online portals.  The estimated value of this unpaid publicity exceeded $85,000 and garnered an additional 2,900 followers on Facebook. 

 

Building on the success of these promotion campaigns, plans are underway for U.S. rice to be featured at a cooking competition later this year and for USA Rice to participate at Worldfood Istanbul 2014, a food show on September 4-7.

 

Later that month, USA Rice is sponsoring a trade seminar for the Turkish Food Importers Association (TUGIDER) and Packers Association (PAKDER), major importers and packers of rice in Turkey.  Discussion topics include U.S. medium grain markets, trends, crop status, U.S. rice varieties, and an examination of difficulties facing the rice industry in Turkey.

 

"We're very pleased with the results of our program so far," said Jim Guinn, USA Rice vice president of international promotion.  "We're looking forward to continuing our branding and awareness campaign at the upcoming seminars where we expect to both hear about issues important to Turkish industry, and secure a solid market for U.S. medium grain rice."

 

Contact:  Eszter Somogyi, 011-49-40-4503-8667

RiceTec, Inc. Holds 2014 Arkansas Field Day  

 
Later start time this year  
JONESBORO, AR -- More than 200 growers and industry representatives attended RiceTec's annual Arkansas Field Day here yesterday.  Participants got the chance to go on a field tour, meet with vendors, and hear RiceTec representatives talk about current rice varieties as well as provide updates on new varieties in the pipeline.

 

Dr. Lanier Nalley, from the University of Arkansas, was the featured speaker.  Nalley talked about the sustainability advantages of hybrid rice production in water use and greenhouse gas emissions.

 

Congressman Rick Crawford (R-AR-01) addressed the dinner event, speaking about implementation of the new Farm Bill and regulatory issues facing the U.S. rice industry. Crawford discussed his concerns with the Environmental Protection Agency's proposed Waters of the United States (WOTUS) rule, saying the proposed regulations are based on subjective determinations which will likely create problems when it comes to applying the rules.

 

Contact:  Chuck Wilson (870) 673-7541

CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for August 15.


Month
Price
Net Change
September 2014$12.905
+ $0.050
November 2014$12.745
- $0.070
January 2015$12.935
- $0.075
March 2015$13.115
- $0.070
May 2015$13.260
- $0.070
July 2015$13.440
- $0.070
September 2015$13.265
- $0.070


In the News 

Around the World

When Storks Arrive, You're Growing Good Rice, Hyogo Farmers Discover Japan Times

The storks, once extinct in Japan, are drawn to chemical-free rice paddies because they can find such prey as frogs and snakes.

 

 

Science and Technology

El Nino's Delay Spurs Memories of 2012 When It Never Came Bloomberg

The predictions of a strong El Nino have been replaced by musings that if an event happens this year it will be mild, or at worst moderate.

 

Got Soy Milk? Not Consumer Reports Which Throws Science Under the Bus in Warning About GMO Soy Forbes

This once venerable institution-in-a-magazine has driven off the science cliff in obeisance to the current hysteria over genetically modified foods.

 

 

Trade and Tariffs

EU to Pressure Egypt and Turkey on Russia Food Embargo Financial Times

Senior EU diplomats said representatives from the 28 countries were expected to discuss a united response against countries moving in to fill the gap created by Moscow's embargo against EU food.

USA Rice Daily Index of Articles, August 11-14
Thursday, August 14
Amazing Mabo Rice Bowl Takes Top Prize in USA Rice Chef Contest in Japan
Arkansas Rice Industry Hosts Official from Niger

Wednesday, August 13
USA Rice Urges 100 Percent Inspection of Rice Shipments from Pakistan
USDA Risk Management Agency Releases Additional Details on SCO for 2015

Tuesday, August 12
Madison Coleman Named 2014/15 Miss Arkansas Rice
WASDE Report Released:  Rice Crop Up 21 Percent from Previous Year

Monday, August 11
Ghanaian Supermarkets Can't Keep U.S. Jasmine on Shelves During USA Rice Promotion
Crop Progress:  2014 71 Percent Headed
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Mission Statement
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

Fax (703) 236-2301

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Arlington, VA 22201

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

Copyright © 2014. Please direct comments or questions to the editor or contact name listed for each story.