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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.
Wednesday, December 10, 2014

USA Rice Announces Conservation Achievement Award   

 
At the USDA press conference last May, from left:  George Dunklin,
DU CEO Dale Hall, and
USA Rice CEO Betsy Ward
 
LITTLE ROCK, AR -- USA Rice Producers' Group Conservation Committee Chairman Leo LaGrande recognized George Dunklin's leadership and contributions to U.S. agricultural conservation with the announcement of the fifth annual USA Rice Federation Distinguished Conservation Achievement Award.  The award was announced during the annual Rice Awards luncheon held Monday at the 2014 USA Rice Outlook Conference and will be presented at USA Rice's 2015 Government Affairs Conference next February. 

 

"It is the USA Rice Federation's privilege to announce George Dunklin as the recipient of this award," LaGrande said.  "George has been farming rice for 34 years, is a past Commissioner of the Arkansas Game and Fish Commission, has been active in Ducks Unlimited for 31 years, and has recently been elected to become the organization's 42nd president."

 

"Farmers are, by definition, conservationists," said LaGrande.  "As we continue to see farm policy evolve, we realize conservation and coalition-building is front and center.   And USA Rice's partnership with Ducks Unlimited is a perfect example of this new model emphasizing agriculture's role in preservation of natural resources."

 

The historic stewardship partnership between USA Rice and Ducks Unlimited was formed in 2013 so the groups could work collaboratively to conserve critical natural and economic resources.  Earlier this year, the partnership submitted their first national Regional Conservation Partnership Program (RCPP) proposal outlining the planning, design, and installation of conservation practices on working rice lands.  RCPP approval is scheduled to be announced by year's end.

 

ContactDeborah Willenborg (703) 236-1444

USA Rice Selects Nicholas Schafer as Scholarship Winner    

 
The 2014 NRM Scholarship Grand Prize winner Nicholas Schafer flanked by DowAgro Sciences' Leslie Roberts (l) and USA Rice CEO Betsy Ward 
LITTLE ROCK, AR -- The USA Rice Federation has announced that Nicholas Schafer, from Carlisle, Arkansas, is the Grand Prize winner of the 2014 USA Rice Federation scholarship. Schafer was awarded the scholarship based on his interactive promotional presentation entitled, "Do You Know Where Your Rice Comes From?"  Schafer received a $4,000 scholarship and a trip with a chaperone to the award ceremony at the 2014 USA Rice Outlook Conference here this week.

 

For the fifth year, Dow AgroSciences sponsored the Scholarship Program in recognition of National Rice Month.  The scholarship required high school seniors to actively promote the use of U.S.-grown rice within their local communities.  Scholarships were awarded based on creativity and overall educational content.

 

Schafer's promotion educated children from his community about the intricacies of rice farming and the origin of their food.  As part of his promotion, he invited children to his family farm to give them a behind-the-scenes look into the various stages of rice farming. Schafer said, "It's not just something that you get from a grocery store.  There's a lot behind it and they need to understand the importance of where it comes from."

 

"Our partnership with Dow AgroSciences for this scholarship reaps immediate rewards, both for the young people who participate and for the communities who benefit from their positive contributions," says Amy Doane, USA Rice's director of membership and marketing.

 

Contact:  Colleen Klemczewski (703) 236-1446

Delta States Irrigation Conference Next Week    

SIKESTON, MO -- Mark your calendar for the 2014 Delta States Irrigation Conference & Tradeshow held next week, December 17-18 at the Miner Convention Center here.  The Delta States Irrigation Consortium is a group of universities and agencies dedicated to improving irrigation practices and enhancing profitability for irrigators in the MidSouth.  For more information and to register for the conference, go to the website.

WASDE Report Released  

WASHINGTON, DC -- U.S. 2014/15 rice supplies at 273.9 million cwt are unchanged from a month ago.  All rice domestic and residual use for 2014/15 is unchanged at 131 million cwt. U.S. long-grain exports are increased 1 million cwt to 69 million, bringing all rice exports to 103 million.  Combined medium- and short-grain exports are unchanged at 34 million cwt.  The increase in exports is due mostly to an expected increase to markets in the Middle East and South America.  The all rice milled export forecast is raised 1 million cwt to 68 million, and rough rice exports are unchanged at 35 million.  All rice ending stocks are lowered 1 million cwt to 39.9 million with long-grain stocks reduced to 27 million, and combined medium- and short-grain stocks unchanged at 10.6 million.

 

The 2014/15 long-grain rice season-average farm price range is projected at $12.00 to $13.00 per cwt, down 20 cents per cwt on each end from last month.  The combined medium- and short-grain farm price range is projected at $18.50 to $19.50 per cwt, down 50 cents per cwt on each end.  The all rice season-average farm price is forecast at $14.00 to $15.00 per cwt, down 20 cents per cwt on each end.  The drop in the price outlook is due mostly to an unexpected substantial drop in October prices reported by the National Agricultural Statistics Service in Agricultural Prices published on November 26 and price expectations for the remainder of the marketing year.

 

Global 2014/15 rice supply and use are changed little from a month ago.  Global rice production is projected at 475.2 million tons, up 200,000 from last month due primarily to increased forecasts for China and South Korea, partially offset by a reduction for Indonesia. China's rice production is forecast at a record 144.5 million tons, up 500,000 tons from last month, and up more than 1 percent from last year.  The revision is based on production estimates recently released by China's National Bureau of Statistics.  Indonesia's 2014/15 rice crop is forecast at 36.5 million tons, down 500,000 from last month, but up slightly from 2013/14.  The Philippine 2014/15 rice crop is forecast at 12.2 million tons, unchanged from last month, but up nearly 3 percent from last year.  Typhoon Hagupit struck the Philippines on December 6 and tracked through some rice growing areas, but missed the larger producing regions.  Initial reports from the government of the Philippines indicated that the storm had little impact on the overall rice crop.  However, USDA will continue to assess the damage and offer a more complete supply and use analysis in next month's supply and demand report. Global rice consumption for 2014/15 is forecast at a record 482.9 million tons, down slightly from last month.  Global trade is raised 400,000 tons based largely on increased imports by Indonesia; with exports raised for Burma, China, Thailand, and the United States.  World 2014/15 ending stocks are raised 600,000 tons, largely due to increases for China and Vietnam, partially offset by reductions for Burma, Indonesia, Thailand, and the United States. Stocks are also raised for Sri Lanka and South Korea.

 

Read the complete report here.
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).  Prices are unchanged from the previous announcement.

 
World Price
MLG/LDP Rate
 
Milled Value ($/cwt)
Rough ($/cwt)
Rough ($/cwt)
Long-Grain
17.12
10.86
0.00
Medium-/Short-Grain
16.56
11.15
0.00
Brokens
10.33
----
----

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:

 
U.S. Milling Yields
Whole/Broken
(lbs/cwt)
Loan Rate
($/cwt)
Long-Grain
55.83/12.59
6.50
Medium-/Short-Grain
62.39/7.92
6.50
 
The next program announcement is scheduled for December 17. 
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for December 10

Month
Price
Net Change
January 2015$12.260
- $0.030
March 2015$12.510
- $0.030
May 2015$12.760
- $0.030
July 2015$12.960
- $0.030
September 2015$12.235
- $0.030
November 2015$12.135
- $0.030
January 2016
$12.135
- $0.030


In the News 

Around Washington

House Passes California Drought Relief Bill Agri-Pulse

The bill, the California Emergency Drought Relief Act (H.R. 5781), passed on a 230-182 mostly party line vote. It would allow the state to increase the amount of water pumped from the Sacramento River Delta system south to the agriculturally rich Central Valley.

 

 

Around the Country

Organic Farming Stretches Certification System Wall Street Journal

There are currently 81 accredited "certifying agents," or groups that stamp food as organic in the U.S. But of the 37 that had a complete review this year, 23 were cited for failing to correctly enforce certification requirements on farms in audits, according to an internal Agriculture Department report.

 

 

Around the World

Rice, Ducks Go Together in Solving Hunger Rappler

The integrated rice-duck farming system (IRDFS) is about growing rice and ducks together in an irrigated paddy field. The paddling movement of the ducks stimulates the rice plants to produce more grains, while the duck manure fertilizes the soil and eventually eliminates the need for any form of fertilizer.

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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,
[email protected]

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.