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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.
Monday, February 2, 2015

2014 Farm Bill Decision Aid Demos in Arkansas This Week 

LITTLE ROCK -- Farmers are racing to beat the clock and learn as much as they can about the 2014 Farm Bill in order to make critical decisions to meet upcoming deadlines.

 

James Richardson, a co-director of the Agricultural and Food Policy Center at Texas A&M and co-developer of a web-based tool to help farmers make these critical decisions, will be in Arkansas demonstrating the program on Thursday, February 5 in Stuttgart and Friday, February 6 in Jonesboro. 

 

"The 2014 Farm Bill provides farmers three major farm program options:  payment Yield Update, Base Reallocation, and the choice between three safety net programs," said Robert Coats, extension economist for the University of Arkansas System Division of Agriculture. "Time is running out for making these one-time, irrevocable decisions."

 

Deadline for base acreage and yield decision is February 27.
Deadline for program election for agricultural risk coverage
and price loss coverage is March 31.


The demonstration schedule this week also includes two webinars on February 5, starting at 9 a.m.  Webinars will last about 30 minutes and participants can register using this link:
https://uaex.zoom.us/webinar/register/c6ed14053234bd3e4ac87b605f06faf5.

There is no cost to attend either the in-person workshops or the webinars.

 

For more information about the Farm Bill series, contact your county extension office or visit www.uaex.edu/farmbill.

 

Contact:  Mary Hightower (501) 671-2126

CME Group/Closing Rough Rice Futures   
CME Group (Preliminary):  Closing Rough Rice Futures for February 2


Month
Price
Net Change
March 2015$10.305
- $0.265
May 2015$10.555
- $0.285
July 2015$10.790
- $0.280
September 2015$10.590
- $0.205
November 2015$10.760
- $0.205
January 2016$10.850
- $0.205
March 2016$10.850
- $0.205

In the News

Around Washington

WASDE Report to Incorporate Changes to Rice Table USDA

USDA is forecasting two new additional rice prices that are part of the program parameters introduced in the 2014 Farm Bill for the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) programs.  The two new prices will be located directly under the "Average Farm Price" line and will include: "California," and "Other States."

 

 

Around the Country

Educational Seminars Highlight 2015 Mid-South Farm & Gin Show Delta Farm Press

A special rice seminar, What the U.S. Rice Farmer Needs to Know to Prosper, is set for Saturday at 1:30 p.m. in the mezzanine level meeting room. Milo Hamilton, Co-founder and senior ag economist of First Grain, Inc., is the featured speaker.

 

 

Around the World

Thai Junta to Cut Rice Crop to Combat Glut as Stockpiles Sold Bloomberg

Over the next two years, about 700,000 rai (112,000 hectares) are targeted to be switched from rice to sugar cane, and a further 1.1 million rai will be switched to mixed farming. The government also plans to eliminate rice planting during the dry season.

 

 

Science and Technology

NASA Launches Earth-Observing Satellite on Third Try Los Angeles Times

Once fully deployed, the 2,000-pound craft will aim two microwave-emitting instruments at the Earth's surface and collect data that will enable NASA to determine the moisture content of the top two inches of soil planetwide and to calculate water depth to about three feet

 

 

Health and Nutrition

Many GMO-Free Labels, Little Clarity Over Rules New York Times

While interest groups and advocates wage war in state legislatures, on ballots and in Congress over what should be disclosed on product labels, products certified as containing no genetically modified organisms are proliferating on grocery shelves without any nationwide mandatory regulations

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