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Up-to-the-Minute News on Issues and Activities
February 27 Sign-Up Deadline
Countdown:  9 Days!
Wednesday, February 18, 2015

Yet Another Deadline Looms:  Sign-Up for Conservation Stewardship Partnership by February 27  

 
Jeff Durand: 
"Don't delay!"
 

WASHINGTON, DC -- The Natural Resources Conservation Service's (NRCS) Conservation Stewardship Program (CSP) one month sign-up window is quickly closing, adding to the list of sign-ups for farmers this February.  The deadline for CSP is February 27, leaving less than two weeks to submit applications for the program. 

 

CSP will provide $100 million in financial assistance for conservation activities that improve conservation performance and address natural resource concerns and will cover up to 7.7 million acres for participating farms in 2015.  Payments can be made for implementing new practices, as well as for maintaining and expanding existing ones.  New to the program this year are expanded activities eligible for reimbursement ranging from water quality and quantity to animal habitats and air quality.  View the full list of CSP enhancement activities here.

 

"The rice industry has worked with NRCS to develop new enhancements that reward producers for their conservation efforts," said Jeff Durand, a Louisiana rice farmer and vice chairman of the USA Rice Producers' Group Conservation Committee.  "These are practices already in place, we just need to remind folks to take the necessary administrative steps to sign-up for CSP before the end of the month."

 

Though the deadline is fast approaching, there is still time to submit an application.  The NRCS CSP website offers a self-screening checklist to help producers determine if their operation is a good fit for the program.  After determining general applicability of CSP to your operation, visit your local NRCS office to discuss the broad range of conservation possibilities available this year.

 

Contact:  Ben Mosely (703) 236-1471

Revenue Protection Not Offered in 2015 Rice Crop Insurance Policies

WASHINGTON, DC -- Earlier this month, the Risk Management Agency announced that revenue protection (RP) will not be offered with any rice crop insurance policies for the 2015 crop year due to "an insufficient number of full active trading days, as stipulated in the Commodity Exchange Price Provisions."  Rice policies with RP or RP-HPE (harvest price exclusion) will be available in future crop years pending a sufficient number of full active trading days.  Yield protection (YP) policies will remain available for the 2015 crop.

 

"We recognize this is a significant problem for our growers and we've expressed our frustration with the agency," said Ben Mosely, USA Rice Federation's vice president of government affairs.  "RMA Administrator Brandon Willis is scheduled to meet with the USA Rice Producers' Group Crop Insurance Task Force during next week's Government Affairs Conference to discuss our concerns." 

 

Contact:  Evan Spencer (703) 236-1476

Japan Announces 8th SBS Tender in FY 2014

Announcement:            17 February 2015

Tender:                          3 March 2015

Quantity:                     

            Total                                                    88,610 MT

            Whole-kernel (brown or milled)         85,610 MT

            Broken (milled)                                     3,000 MT

Shipping period:          15 August 2015

CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for February 18

Month
Price
Net Change
March 2015$10.870
+ $0.190
May 2015$11.110
+ $0.230
July 2015$11.355
+ $0.230
September 2015$11.380
+ $0.220
November 2015$11.535
+ $0.220
January 2016
$11.625
+ $0.220
March 2016
$11.625
+ $0.220

In the News 

Around Washington

Lessons Learned from the Farm Bill Debate High Plains Journal

Barry Flinchbaugh, professor emeritus Department of Agricultural Economics at Kansas State University, discussed lessons learned from the three-year debate on the 2014 farm bill.

 

 

Around the Country

Area Farmers Feeling Port Pain Appeal-Democrat

Rice storage is also becoming an issue. As shipping containers, trucks, warehouses and silos fill with unshipped rice, growers are forced to rent additional storage space.

 

Declining Groundwater a Concern for Farmers in Mississippi Delta Delta Farm Press

Video report from Chip Morgan, executive vice president of the Delta Council says farmers need to be proactive in conserving water drawn from the alluvial aquifer under the Mississippi Delta.

 

 

Trade and Tariffs

The Geopolitical Stakes of America's Trade Policy Foreign Policy

U.S. Trade Representative Michael Froman writes: Trade has emerged as one of America's most important foreign policy tools - both for increasing our strength at home and for exercising it abroad. At home, one-third of our economic growth since 2009 is due to the increase in U.S. exports.

 

TPP Negotiations Entering End Game Farm Futures

Japan's agriculture industry is highly subsidized and protected. The government plans to overhaul its agricultural policies to create a more vibrant and competitive food sector. Reducing import barriers is one of the cornerstones to this objective.

 

U.S., Cuba to Meet February 27; Senators See Path for End to Embargo Reuters

The United States and Cuba held historic negotiations in Havana last month and the next round is seen by U.S. officials as critical to fleshing out details on re-establishing ties.

 

 

Science and Technology

Supercharged Photosynthesis MIT Technology Review

Advanced genetic tools could help boost crop yields and feed billions more people; availability: 10-15 years.

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