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Friday, February 6, 2015

USA Rice Makes Annual Report to Arkansas Rice Research and Promotion Board        

 
USA Rice CEO Betsy Ward   
LITTLE ROCK, AR -- USA Rice Federation President & CEO Betsy Ward, together with Vice President of Communications, Marketing, & Domestic Promotion Michael Klein presented the annual USA Rice Council report to the Arkansas Rice Research and Promotion Board (ARRPB) here yesterday.

 

Ward provided the board with a financial report and results of the audits for all five organizations overseen by USA Rice, and then focused her presentation on international market challenges the U.S. rice industry is facing in Cuba, Iraq, China, Central America, and our number one market, Mexico.

 

"With 64 totally new Members of Congress we need to educate on rice issues, several delicate trade deals possibly coming to their conclusion, and our regular challenges, it sometimes feels like we're working in a three ring circus," Ward remarked.  "We know things out in the countryside are tough right now, and we are constantly looking for ways to improve the viability of rice farming."

 

Ward took several questions on the situation in Iraq, Cuba, and food safety concerns, and in both cases the message was keeping the pressure on.

 

"We've applied a great deal of pressure on Iraq and we've seen results, but clearly we need to keep pushing," she said.  "This will be a top priority issue at our Government Affairs Conference in Washington in a few weeks."

 

 
Klein and Ward discuss rice issues with the board

Klein then shared results from last year's consumer focus groups and explained how what USA Rice learned is being implemented.

 

"We know we have a great opportunity to educate folks, because they don't know a lot about rice - but they respond very positively to our conservation messages, and would like us to tell them more," he said.

 

Klein said the desire people show to eat local and support U.S. farmers factors into the group's retail outreach through supermarket dieticians and elementary school programs

 

The ARRPB is made up of nine rice producers who are nominated by industry organizations and appointed to two-year terms by the governor.  The board is responsible for allocating Arkansas rice promotion and research check-off funds annually.  For the past 29 years, the ARRPB has awarded promotion funds to the USA Rice Council. 

 

"We always appreciate the opportunity to meet with this board and report on work made possible by the financial resources entrusted to us by Arkansas," Ward said.  "I also want to thank the Arkansas rice farmers and industry members who serve on the USA Rice Council board and on USA Rice domestic and international promotion committees.  Their participation is vital to USA Rice's member-driven process for program development and implementation."

 

After the presentations on promotion results and USA Rice financials, the ARRPB approved the USA Rice Council's request for funding in the fiscal year August 1, 2015 to July 31, 2016.

 

Contact:  Chuck Wilson (870) 673-7541

USA Rice Attends Cuba Interest Meeting with Arkansas Legislators          

 
Betsy Ward with Arkansas House Agriculture Committee member Representative David Hillman 
LITTLE ROCK, AR -- USA Rice Federation President & CEO Betsy Ward attended a joint meeting of the Arkansas House and Senate Agriculture Committees here yesterday to discuss the potential impact the Cuban market will have on Arkansas agriculture.

 

The meeting, organized by the University of Arkansas Division of Agriculture and sponsored by the Arkansas Rice Federation and the Poultry Federation, was attended by members of both the Senate and House agriculture committees who heard several presentations on this emerging market.

 

University of Arkansas's Dr. Eric Wailes discussed historical ag trade trends between the U.S. and Cuba; Marvin Childers of the Poultry Federation presented the poultry perspective on trade; and Riceland Foods' Bill Reed and Terry Harris shared the outlook for rice, including several personal anecdotes about travel they've undertaken to the Island.  Arkansas Farm Bureau's Warren Carter added an overall farmer's perspective as well. 

 

 
Riceland Food's Terry Harris
knows the Cuban rice market
inside and out
 

"It was important for the state legislators to hear the enormous potential this market has for U.S. agriculture, particularly in Arkansas when it comes to chicken and rice, but also for them to hear the many challenges that remain," Ward said.  "Ideally we'd like Congress and the Administration to hear from the state legislators and governors about how important the Cuban market is."

 

Contact:  Michael Klein (703) 236-1458

Japan Announces 12th Ordinary Import Tender in FY 2014            

Announcement:            6 February 2015

Tender:                         10 February 2015

Offer details:               50,000 mt

 

Country Specified or Global

Non-glutinous milled rice (medium grain)

Non-glutinous milled rice (long grain)

TOTAL

 

 

 

 

U.S.A.

24,000

 

24,000

Global Tender

12,000

14,000

26,000

 

36,000

14,000

50,000

 

Shipping period:          (U.S.A.) from 10 July 2015 to 10 August 2015

                                                    from 1 August 2015 to 31 August 2015

                                    (GT: Medium) from 20 August 2015 to 20 September 2015

                                    (GT: Long) from 10 June 2015 to 20 July 2015

CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for February 6

Month
Price
Net Change
March 2015$10.740
+ $0.290
May 2015$11.000
+ $0.300
July 2015$11.250
+ $0.310
September 2015$11.100
+ $0.315
November 2015$10.945
+ $0.045
January 2016$11.035
+ $0.045
March 2016
$11.035
+ $0.045

In the News 

Around Washington

Ag Groups Urge Congress to Pass Trade Promotion Authority Agri-Pulse

With TPA in place, once negotiators reach a deal, Congress would have to vote up or down on a treaty, with no amendments or filibusters. Congress has granted TPA to every president since 1974, with the most recent law approved in 2002 and expiring in 2007.

 

Crop Insurance Premium Subsidies in Bulls Eye Agri-Pulse

President Obama's 2016 budget proposal includes cuts to crop insurance, but for the first time in several years the focus is on cutting farmer premiums rather than directly targeting cuts at crop insurance companies. On average, about 62 percent of the premium paid by farmers is subsidized by the federal government.

 

Vilsack: Some Farmers Have Picked Between ARC and PLC Agriculture.com

Farmers have a little more than seven weeks to make the ARC vs PLC choice. Vilsack said during a tele-conference that if farmers fill out the paperwork now, "they can change their election before March 31," the cut-off day. Vilsack said "several hundred thousand" producers have begun the process of re-allocating base acres. The deadline for that decision is February 27.

 

 

Around the Country

California Boasts Unique and Powerful Agricultural Industry USDA Blog

California is the agricultural powerhouse in the U.S., generating over $42.6 billion in market value of agricultural products sold. With over 25.6 million acres of land dedicated to a diversified agricultural production, it is no surprise California leads the nation.

 

California Exports Hit All-Time High in 2014, But Port Slowdown Hinders Shippers Sacramento Bee

A months-long stalemate in contract talks between the Pacific Maritime Association and the International Longshore and Warehouse Union, both based in San Francisco, has clogged major ports in California and is having a negative economic impact on Central Valley growers and other Northern California businesses.

 

Port Slowdown Creating 'Devastating' Impact on Agriculture, Logistics Sacramento Bee

California's agricultural export business has been hit hard. Rice growers say shipments amount to about 20 percent of the year's export crop have been delayed by up to eight weeks.

 

 

Tariffs and Trade

Doha Round: Exporters Question US Subsidies as Trade Talks Continue ICTSD

US farm subsidies could exceed proposed new WTO limits by as much as US$3.6 billion, a new paper from a dozen agricultural exporting countries has said. The paper is the first attempt this year to move negotiators towards a more specific discussion of what they see as desirable and feasible under a possible Doha Round deal on trade.

 

The Push is On to Open Cuban Market for US Agriculture Southwest Farm Press

The USACC said the first step needed to put U.S. farm and ranch producers in position to benefit from open trade with Cuba is to ease a U.S. government ban on providing credit to Cuba. Currently, under guidelines of the 2000 law that allow agricultural sales exemptions, Cuban buyers must pay for the goods at the time they are ordered. President Obama's Cuban initiative would change that to require payment at time of delivery.

USA Rice Daily Index of Articles, February 2-5
LA Rice Meetings:  Get the Latest on Cuba, Iraq, China, Mexico, and Much More
USA Rice Joins 70 Agricultural Groups Urging Passage of TPA

Wednesday, February 4
USA Rice Welcomes New Members

Tuesday, February 3
EPA and Corps Withdraw WOTUS Interpretative Rule
Crop Insurance Programs Targeted in New Obama Budget Proposal
Japan Announces 7th SBS Tender in FY 2014

Monday, February 2
2014 Farm Bill Decision Aid Demos in Arkansas This Week
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