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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, December 4, 2014

Little Rock Restaurant Promotion        

ARLINGTON, VA -- Fifteen restaurants that serve U.S.-grown rice will participate in the USA Rice Federation restaurant promotion conducted in conjunction with the 2014 USA Rice Outlook Conference in Little Rock.  Restaurants included on the list will welcome industry members by displaying the "Proudly Supporting America's Rice Farmers" emblem and featuring rice dishes on their menus.

 

The participating Little Rock restaurants expressed enthusiasm for the program and are looking forward to hosting Outlook attendees.  Many restaurants voiced their desire to leave the emblem up year-round as a show of support for U.S. rice farmers.

 

"Foodservice is an important trend-setting growth segment for the rice industry," said Katie Maher, USA Rice's manager of domestic promotion.  "It is so great to see restaurants serving local ingredients and using U.S.-grown rice to develop creative dishes on their menus.  We hope that those in attendance at this year's conference will show their support for these restaurants that proudly serve American-grown rice."

 

This annual promotion helps increase awareness of U.S.-grown rice among chefs in the host cities for the USA Rice Outlook Conference.

 

ContactColleen Klemczewski (703) 236-1446

Japan Announces Results of 8th Ordinary Import Tender in FY 2014   

 

Country of Origin

Variety

Number of Importer

Quantity (MT)

Participated Bidders

Amount of Bids (MT)

 

 

 

 

 

 

USA

Non-glutinous milled rice (medium grain)

2

25,000

17

211,000

Australia

Non-glutinous milled rice (medium grain)

1

12,000

 

 

Thailand

Non-glutinous milled rice

(long grain)

3

21,000

29

230,000

 

 

 

 

 

 

Grand Total

 

5

58,000

46

414,000

 

 

 

 

 

 

Avg Price for Successful Bids

 

JPY 96,224/mt

 

JPY 103,922/mt

(tax excluded)

 

(tax included)

 

 

 

Weekly Rice Sales, Exports Reported        

WASHINGTON, DC -- Net rice sales of 152,500 MT for 2014/2015  were reported for Iraq (120,000 MT), Japan (24,700 MT), Guatemala (5,400 MT, including 4,400 MT switched from unknown destinations, 1,100 MT switched from El Salvador, and decreases of 500 MT), Taiwan (4,000 MT), and Canada (1,300 MT), according to today's Export Sales Highlights report.  Decreases were reported for unknown destinations (4,400 MT) and El Salvador (1,600 MT). 

Exports of 64,400 MT were down 6 percent from the previous week 11 percent from the prior four-week average.  The primary destinations were Honduras (14,600 MT), Mexico (13,800 MT), Guatemala (10,500 MT), El Salvador (9,400 MT), and Costa Rica (3,100 MT).

This summary is based on reports from exporters from the period November 21-27.
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for December 4


Month
Price
Net Change
January 2015$12.120
- $0.020
March 2015$12.375
- $0.020
May 2015$12.625
- $0.020
July 2015$12.825
- $0.020
September 2015$12.100
UNCH
November 2015$12.000
UNCH
January 2016$12.000
UNCH


In the News 

Around Washington

House Votes to Reinstate Tax Break Package for 2014 Agri-Pulse

The bill includes the Section 179 small business expensing provision widely used by farmers and the $1-a-gallon tax credit that subsidizes the production of biodiesel.

 

 

Around the Country

K-12 Directors Win Free SNA Registration in Rice Federation Contest Food Management

To participate in the contest, K-12 foodservice directors and menu planners must use U.S.-grown brown rice as the central ingredient in one or more recipes on their school menus.

 

Wheat People vs. Rice People New York Times

Op-ed about a study published in a recent issue of the journal Science that ascribed different orientations to the social worlds created by wheat farming and rice farming.

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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

Fax (703) 236-2301

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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

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