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Producers Rice Mill's Sebree Retires After 43 Years of Service
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Board Vice Chairman Jerry
Hoskyn (l) presents a plaque
to Gary Sebree.
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STUTTGART, AR --
Producers Rice Mill honored Gary Sebree at the company's 71st Annual Membership Meeting on November 6. Sebree, who retired from the board of directors after 43 years of service, was recognized for his leadership in a video tribute played before 400 members and guests. State Representative David Hillman read a letter from Governor Beebe and presented Sebree with a citation from the Arkansas House of Representatives.
The USA Rice Federation extends congratulations to Gary Sebree. A dedicated industry leader, Sebree is a past chairman of the USA Rice Federation, USA Rice Producers' Group and the Rice Foundation, and has served on a number of USA Rice committees.
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Louisiana Ag Commissioner Expresses Concern Over Iraqi Rice Tender
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Strain keeping the pressure on
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BATON ROUGE, LA -- Mike Strain, Louisiana's Commissioner of Agriculture and Forestry, added his voice to the chorus of lawmakers pressing for answers from the government of Iraq on a recent rice tender awarded to Brazil and Uruguay at prices at least $23 per metric ton higher than the U.S. bid.
In a letter to Secretary of State John Kerry, Strain said: "Buying higher priced rice from other countries in the absence of technical or quality issues is not only hurtful to our farmers and industry, but also hinders the long term relationship between the U.S. and Iraq..."
"No doubt Commissioner Strain is hearing from the rice farmers in his state about this situation," said Betsy Ward, president and CEO of the USA Rice Federation. "Representatives from the Iraqi Grain Board visited Delta rice country last spring and, at that time, expressed confidence in the U.S. crop and said Iraqi consumers always asked for American origin rice. Like the rest of us, Commissioner Strain wants to understand what's happening here, and we appreciate him weighing in."
Iraq's latest rice tender, for at least 30,000 metric tons, closed this weekend with bids from the U.S. Results are anticipated later this week.
Contact: Randy Jemison (337) 738-7009
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Conaway Named Next House Ag Committee Chair
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 | | Conaway (l) friend to US rice |
WASHINGTON, DC -- Yesterday, Representative Mike Conaway (R-TX) was tapped as the 50th chairman of the House Agriculture Committee. In a statement following the announcement, Conaway emphasized the need to work across party lines saying, "I look forward to building on the bipartisan work of the chairmen who have led this committee for the past two centuries."
Conaway hopes to begin the term with an update from Secretary Vilsack on Farm Bill implementation.
"USA Rice has a strong history with Representative Conaway," said Ben Mosely, vice president of Government Affairs for the USA Rice Federation. "We are committed to working with the new Chairman and his staff, as well as other members of the committee to represent the rice industry in Washington."
Contact: Lydia Holmes (703) 236-1440
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Japan Announces 7th Ordinary Import Tender in FY 2014
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Announcement: 18 November 2014
Tender: 21 November 2014
Offer details: 40,247 mt
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Country Specified or Global
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Non-glutinous milled rice (medium grain)
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Non-glutinous milled rice
(long grain)
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Glutinous
milled rice
(long grain)
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TOTAL
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Thailand
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3,247
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3,247
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Global Tender
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24,000
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13,000
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37,000
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24,000
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13,000
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3,247
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40,247
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Shipping period: Global Tender Medium Grain: From 10 January 2015 to 10 February 2015
Global Tender Long Grain: From 1 January 2015 to 10 February 2015
Glutinous milled rice (Thailand) is shipped by container.
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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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CCC Announces Prevailing World Market Prices
| WASHINGTON, DC -- The Department of Agriculture's Commodity Credit Corporation today announced the following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and the resulting marketing loan-gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2014 crop, which became effective today at 7:00 a.m., Eastern Time (ET). Rough rice prices decreased $0.14 per cwt for long grain and $0.15 per cwt for medium/short grain.
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World Price
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MLG/LDP Rate
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Milled Value ($/cwt)
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Rough ($/cwt)
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Rough ($/cwt)
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Long-Grain
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17.34
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11.00
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0.00
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Medium-/Short-Grain
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16.77
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11.29
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0.00
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Brokens
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10.46
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----
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This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and the corresponding loan rates:
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U.S. Milling Yields
Whole/Broken
(lbs/cwt)
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Loan Rate
($/cwt)
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Long-Grain
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55.83/12.59
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6.50
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Medium-/Short-Grain
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62.39/7.92
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6.50
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The next program announcement is scheduled for November 26. |
| CME Group/Closing Rough Rice Futures | CME Group (Prelim): Closing Rough Rice Futures for November 19
| January 2015 | $12.405 |
+ $0.405
| | March 2015 | $12.675 |
+ $0.405
| | May 2015 | $12.925 |
+ $0.405
| | July 2015 | $13.130 |
+ $0.405
| | September 2015 | $12.495 |
+ $0.405
| | November 2015 | $12.395 |
+ $0.405
| January 2016
| $12.395
| + $0.405
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In the News
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Around Washington
Conaway Named Ag Committee Chair Southwest Farm Press
As anticipated, Rep. Michael Conaway, R-Texas has been selected Chairman of the House Agriculture Committee.
Around the Country
Why Does Arkansas Offer the Best Duck Hunting? THV11-ABC
The whole country is divided up into flyways, which are essentially pathways that the ducks take to migrate south for the winter. Arkansas just so happens to part of the most populated flyway-the Mississippi.
Tractor Makers Feel the Pinch as Farm Commodity Prices Fall Financial Times
Farmers across North America - and globally - are facing the prospect of a drop in income, and the agricultural equipment industry is bracing for a dramatic slowdown in its $65bn annual global sales.
Health and Nutrition
Could Arsenic Levels in Rice be Dangerous for Your Kids? Good Morning America
Video report on Consumer Reports rice consumption guidelines released yesterday on Dr. Oz show.
Science and Technology
Hybrid Rice Breeding Advances at LSU AgCenter Delta Farm Press
Even though the hybrid program has been under way for four years at the Rice Station, work continues on fine-tuning the process.
Trade and Tariffs
EU to Press Froman on TTIP as Hogan Voices Skepticism Bloomberg
EU Agriculture Commissioner Phil Hogan told reporters in Brussels that negotiations should be shelved if the U.S. isn't committed to moving quickly ahead of its 2016 presidential contest.
Reid Signals Openness to Fast Track Authority The Hill
Business groups such as the U.S. Chamber of Commerce and the National Association of Manufacturers, continue to make their case for Congress to take up a fast-track bill as soon as possible, especially as TPP talks progress.
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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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