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USA Rice Daily
Up-to-the-Minute News on Issues and Activities
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, September 25, 2014

USDA Today Announced Key Farm Bill Details for PLC and ARC Programs     

WASHINGTON, DC -- U.S. Department of Agriculture Secretary Tom Vilsack today announced key steps in further implementing the Price Loss Coverage (PLC) and Agriculture Risk Coverage (ARC) programs in the 2014 Farm Bill.  The announcement includes the rule that provides for further details of the operation and function of the PLC and ARC programs, and the availability of web-based decisions tools analyzing the options of PLC and ARC and base and yield adjustments. 

 

Vilsack also announced that beginning Monday, September 29, farm owners can visit their local Farm Service Agency (FSA) offices to begin the process of reallocating base acres and updating payment yields, if they chose to make these changes.

 

Further program dates and deadlines will be announced in the future, including the election period to choose between PLC and ARC, and the sign-up period for enrolling in the programs for both the 2014 and 2015 crop years.  Other resources are located on the FSA farm bill page, including FAQs and a fact sheet on base reallocation, yield updates, and PLC and ARC.

 

Contact:  Reece Langley (703) 236-1471

2014 USA Rice Outlook Conference Registration Now Open    

ARLINGTON, VA -- The USA Rice Outlook Conference and Trade Show will be held December 7-9 at the Statehouse Convention Center in Little Rock, AR.   Register by November 10 to take advantage of an "early bird" registration discount. 

The educational program will cover farm bill implementation, trade issues, state-by-state rice production outlooks, state and national rice research, and more.  News on rice-related equipment, technology, products and services also will be featured in a special session.

 

Information on conference exhibitor and sponsorship opportunities is available online or call (703) 236-1447.  Watch the USA Rice Daily for conference news and updates.

 

Contact:  Jeanette Davis (703) 236-1447  

Special Hotel Rates Offered for USA Rice Outlook Conference   

ARLINGTON, VA -- The USA Rice Outlook Conference hotel block at the Little Rock Marriott is now open with rates of $129, single/double, for reservations made by November 5 or until the room block fills.  This special rate also is available three days prior and three days after the official conference dates, subject to hotel availability.

 

To make your reservations, call the hotel at (877) 759-6290 and ask for the USA Rice rate, or click here to make reservations online.

 

Contact:  Jeanette Davis (703) 236-1447

USA Rice Helps High School Sports Fans Think Rice!     

 
One Raider Rice Bowl coming up! 
FALLS CHURCH, VA -- In conjunction with National Rice Month and back to school, the USA Rice Federation has partnered with a high school here to get healthy rice bowls on the menu at high school sporting events, and the initial reaction is extremely positive.

 

USA Rice supplied JEB Stuart High School with a 40-cup commercial rice cooker, several rice bowl recipes, nutritional information, and rice signage.  The Raider Boosters, the volunteers in charge of concessions at the games, chose to kick the year off with a Teriyaki Chicken Rice Bowl with Broccoli that they call "The Raider Rice Bowl," after the school mascot.

 

"We liked the idea of offering the rice bowl to our students and guests because it's an easy-to-make, complete meal," explained Rich Bacherman, concessions manager for the school.  "A lot of the athletes and kids don't have time to go home before games; they look to us to feed them.  We wanted to go beyond hot dogs, candy bars, and soda, and give them something filling, nutritious, and affordable."

 

Bacherman said the Raider Rice Bowl sold out at the first two home volleyball games and made quite an impression on visitors to the school.

 

 
Rice wins every time 

"I can't believe they're actually cooking all this stuff right here," said an athlete from a visiting team who purchased two bowls.  "We just serve hot dogs and greasy pizza.  This is great!"

 

"This Raider Rice Bowl is the best thing I've eaten from a concession stand at any sporting event at any level," said one school official.

 

"We appreciate the support of the USA Rice Federation for our school and our athletes, and we're happy to help get the message out that rice is part of a healthy diet and that it's grown here in the U.S.," Bacherman said.

 

Contact:  Michael Klein (703) 236-1458

Weekly Rice Sales, Exports Reported    

WASHINGTON, DC -- Net rice sales of 46,400 MT for 2014/2015 were up 51 percent from the previous week and 5 percent from the prior four-week average, according to today's Export Sales Highlights report.  Increases were reported for El Salvador (12,000 MT), Japan (12,000 MT), Honduras (9,400 MT, including 8,400 MT switched from unknown destinations), Saudi Arabia (8,600 MT), and South Korea (6,100 MT).  Decreases were reported for unknown destinations (8,400 MT), Haiti (600 MT), and Guatemala (100 MT). 

Exports of 68,800 MT were up noticeably from the previous week and from the prior four-week average.
  The primary destinations were to Venezuela (32,700 MT), Honduras (9,300 MT), Haiti (8,300 MT), Ghana (7,000 MT), and Mexico (4,100 MT).


This summary is based on reports from exporters from the period September 12-18.
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for September 25.


Month
Price
Net Change
November 2014$12.705
- $0.025 
January 2015$12.895
- $0.015
March 2015$13.075
- $0.005
May 2015$13.260
- $0.005
July 2015$13.440
- $0.005
September 2015$13.000
- $0.030
November 2015$13.000
- $0.030


In the News 

Around the Country

Bulk Bag Filler Speeds Packaging at Rice Mill Powder & Bulk Solids

Kennedy Rice, one of the largest growers in Louisiana, has constructed a new rice processing facility to convert freshly harvested and dried grain, known as rough rice, into polished white rice ready for sale to customers.

 

Dry Year Means Smooth Sailing for Rice Growers, If They Had Water  

Oroville Mercury-Register

Jim Morris, of the California Rice Commission, said the estimate is that 25 percent of rice land was left fallow this year, based on figures linked to seed sales. For the Central Valley, an estimated 420,000 acres has been cultivated.

 

 

Around the World

Rice in Indonesia: Irrigation, Sawah Size & Seeds Need Improvement  

Indonesia-Investments.com

Indonesia has the world's largest per capita rice consumption consuming around 140 kilogram of rice per person per year and as the population grows by about 1.1 percent per year there are more and more mouths to feed in the future

 

 

Trade and Tariffs

India's Tough Trade Talks Stance Wins Few Friends in Poor Nations Financial Times

India has overtaken the EU as the largest exporter of agricultural commodities to the world's least developed countries, according to the USDA. India's critics believe much of that surge has been boosted by the very food security program that it is now defending at the WTO.

 

 

Science and Technology

Genetic Engineering: Just Scratching the Surface Delta Farm Press

While biotechnology companies have no doubt profited from the huge investments they've made in genetic engineering, it's naïve to believe that farmers, wildlife, the environment and humanity haven't gained as well.

 

Tires Made From Rice? Goodyear Finds New Source of Key Tire Ingredient Cleveland.com

Goodyear has found a way to use silica in wasted ash from rice mills to cut down on costs and energy.

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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.