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U.S. Medium Grain Performing Well with Japanese Consumers
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Making US rice available in Japan
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TOKYO, JAPAN -- Most of the U.S.-grown rice entering Japan is utilized in foodservice, but a pilot retail project has shown good results and could be expanded according to the USA Rice Federation.
USA Rice representatives met here with Mr. Naomi Hamashima of Nishimoto Trading to review his company's U.S.-grown rice program.
"Nishimoto offers U.S.-grown medium grain rice in a 450 gram (1 pound) pack in two company stores and through their online division," explained Bill Farmer, director of Asia programs for USA Rice who attended the meeting. "This is currently the only U.S. rice available at the retail level."
USA Rice's vice president of international promotion, Jim Guinn, also attended the meeting and reported that Mr. Hamashima is satisfied with the early results of sales during a short promotional period and that they are likely to branch out by distributing this rice to another retailer.
"We're very pleased that the sale of U.S. medium grain directly to Japanese consumers is going well," Guinn said. "We assured Mr. Hamashima that we are fully behind Nishimoto's effort to continue offering U.S. medium grain, and that we would do what we could to support expanding the program."
Contact: Michael Klein (703) 236-1458
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USA Rice Exhibits at Food and Hotel Show in Shanghai
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The in-crowd gathers
at the USA Rice booth
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SHANGHAI, CHINA -- The USA Rice Federation is exhibiting for the first time at the Global Food and Hospitality Show here, an enormous imported food and beverage show in this important Chinese trade center.
Attending the show, which runs from November 12-14, are marketers Chris Crutchfield of American Commodity Corporation, Kevin McGilton of Riceland, Kirk Messick and Derek Alarcon of Farmer's Rice Cooperative, and Steve Vargas of Sun Valley Rice. They met with Chinese companies who are becoming increasingly interested in U.S. rice as market access grows ever closer.
Featured at the USA Rice booth are samples of U.S.-grown short, medium, and long grain rice to help educate those unfamiliar with U.S. rice.
"We were pleased to meet with officials from Shenzhen Hong Tai Xiang Company on the opening day of the show," said USA Rice's Vice President of International Promotion Jim Guinn. "This is the same group who traveled to the U.S. in October to meet with rice exporters in anticipation of the opening of the China rice market, and continue to express their intent to be the first Chinese company to import U.S. rice." (see USA Rice Daily story, October 8, 2014).
Contact: Bill Farmer (832) 302-6710
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RCPP Announcement Delayed
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 WASHINGTON, DC -- The Natural Resources Conservation Service originally estimated that Regional Conservation Partnership Program recipients would be notified in mid-November, but a thorough evaluation process has led to a delay. Another progress update on proposals will be made in early December. |
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Japan Announces Results of 6th Ordinary Import Tender in FY 2014
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Country of Origin
|
Variety
|
Number of Importer
|
Quantity (MT)
|
Participated Bidders
|
Amount of Bids (MT)
| |
|
|
|
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|
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USA
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Non-glutinous milled rice (medium grain)
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1
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13,000
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10
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130,000
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Thailand
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Non-glutinous milled rice (long grain)
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3
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20,000
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23
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153,000
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Grand Total
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4
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33,000
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33
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283,000
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Avg Price for Successful Bids
|
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JPY 79,919/mt
JPY 86,313/mt
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(tax excluded)
(tax included)
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AARQ Association for the Administration of Rice Quotas, Inc.
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NOTICE OF OPEN TENDER
Independent bids are invited for rights to ship U.S.-origin milled rice to the European Union under a tariff-rate quota (TRQ) granted by the EU to the United States.
Bids must be submitted on November 20, 2014 for the January 2015 TRQ Tranche, in which the following quantity is available:
Volume (metric tons)
EU Duty
Semi-Milled or Milled Rice 9,681 zero
(HTS item 1006.30)
TRQ Certificates will be awarded to the highest bidder(s). Any person or entity incorporated or domiciled in the United States is eligible to bid. The minimum bid quantity is 18 metric tons. Performance security (the lesser of $50,000 or the total value of the bid) must be submitted with each bid. Potential bidders may obtain the required bid forms and bid instructions from:
AARQ Administrator
Economic Consulting Services, LLC
2001 L Street, NW, Suite 1000
Washington, D.C. 20036
Tel: (202) 466-1150 Fax: (202) 785-3330
Note: Potential bidders should consult regulations in the Official Journal of the European Union to determine the applicable tariff rate on semi-milled/milled rice. AARQ disclaims any responsibility for advising potential bidders on applicable tariff rates. Potential bidders should also consult EC regulations relating to testing for unauthorized GMOs.
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| CME Group/Closing Rough Rice Futures | CME Group (Prelim): Closing Rough Rice Futures for November 14
| November 2014 | $11.730 |
+ $0.015
| | January 2015 | $11.970 |
+ $0.030
| | March 2015 | $12.240 |
+ $0.030
| | May 2015 | $12.490 |
+ $0.030
| | July 2015 | $12.695 |
+ $0.030
| | September 2015 | $12.060 |
+ $0.030
| | November 2015 | $11.960 |
+ $0.030
| January 2016
| $11.960
| UNCH
|
|
|
In the News
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Around the Country
Arvest Bank Almost Doubles Goal with '1 Million Meals' Effort The City Wire
Arvest Bank partnered with Community Services Clearinghouse and Arkansas Rice Depot for a campaign that raised 1.806 million meals in its four-state "1 Million Meals" initiative launched two months ago.
Reversing the Impact of Salt on Cropland Delta Farm Press
Food security concerns coupled with the scarcity of new productive land have put productivity enhancement of degraded lands back on the political agenda. Salt-affected lands are a valuable resource that cannot be neglected nor easily abandoned even with their lower crop yields.
World-Leading U.S. Agriculture Constitutes Major Usage of Domestic Energy Production
The Desert Sun
According to the U.S. Energy Information Administration, America's world-leading agricultural industry, which includes the growth and harvesting of crops required to sustain livestock, needed 800 trillion British thermal units (BTU's) of energy in 2012, the last year in which such complete units are available
Around the World
Report: Battling Ebola's Economic Consequences Mercy Corps
The country's agriculture system relies on group labor, which is prohibited under current Ebola-related restrictions, so rice farmers are unable to work. With less income, families can't buy as much at their local markets.
Science and Technology
Progress Continues on Hybrid Rice Breeding AG Professional
Hybrid development at the Rice Research Station continues to make progress under hybrid rice breeders Jim Oard and Weike Li.
Trade and Tariffs
U.S.-India Agreement on Stockpiles of Food Revives a Trade Deal New York Times
India and the United States reached an agreement on Thursday over food stockpiles, removing a major obstacle to a global trade deal that has been stalled for months.
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USA Rice Daily Index of Articles, November 10-13
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As New Iraq Rice Tender Closes, Pressure Builds from USA Rice
Wednesday, November 12
USA Rice Talks New Food Security Challenges and Opportunities with USDA, USAID, Others
Turkey Announces November 18, 2014 Tender
Japan Announces 6th Ordinary Import Tender in FY 2014
WASDE Report Released Monday
Monday, November 10
USA Rice Presses Obama Administration on Iraq
USA Rice Briefs New ATO on Successful Mexican Program
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| Upcoming Events | Events Calendar
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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
2101 Wilson Boulevard, Suite 610
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. |
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