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USA Rice Daily
Up-to-the-Minute News on Issues and Activities
Monday, March 2, 2015

Mid-South Farm & Gin Show Draws Record Crowd 

 
Rice wins every time
MEMPHIS, TN -- The USA Rice Federation attended the 63rd annual Mid-South Farm & Gin Show here over the weekend.  Staff provided attendees with information about the U.S. rice industry and activities conducted by USA Rice.   Show officials reported record attendance including rice producers from Arkansas, Louisiana, Mississippi, and Missouri who stopped by the USA Rice booth.

 

"USA Rice's presence at the show gives staff an opportunity to meet with rice producers as well as educate the general public about rice.  We talk with more than 1,000 individuals and families each year and always enjoy making connections," said Randy Jemison, director of field services in Louisiana.

 

In addition to exhibit booths and activities, the event includes agriculture updates and outlook presentations.  Carl Brothers, senior vice president of Riceland Foods, was on-hand to give a market update for rice.

 

The Mid-South Farm & Gin Show is one of the largest farm shows in the region with attendees from all of the surrounding states in the Mid-South and Southeast.  Four hundred companies and organizations from 40 states and 15 countries took part in this year's show. USA Rice received informational and product donations from Dainty Foods, Producers Rice Mill, RiceTec, Riviana, and The Wright Group used as giveaways at its booth.

 

Contact:  Amy Doane (703) 236-1454

Rice Leadership Visits Cuban Interest Section     

As customary in their final session in Washington DC, the newly graduated Rice Leadership Class visited the Cuban Interest Section last week where they met with the Deputy Chief Juan Lamigueiro.  They were joined by USA Rice President & CEO Betsy Ward, USA Rice staffers Marvin Lehrer and Chuck Wilson, and Terry Harris with Riceland Foods.

From left: John Compton, Wes Long, Robb Dedman, Juan Lamigueiro,
Marvin Lehrer, Betsy Ward, Joel Stevens, Seth Fiack, Steven Schuler,
Mark Isbell, Chuck Wilson, and Terry Harris.

CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for March 2

Month
Price
Net Change
March 2015$10.535
+ $0.065
May 2015$10.795
+ $0.050
July 2015$11.045
+ $0.060
September 2015$11.140
+ $0.080
November 2015$11.305
+ $0.050
January 2016$11.435
+ $0.090
March 2016$11.435
+ $0.090

In the News 

Around Washington

NRCS Likely to Get Full $4.4 Billion Budget Requested Agri-Pulse

NRCS Chief Jason Weller said his main priorities include modernizing and strengthening the agency through staff reorganization and system upgrades and enhancing the agency's "scientific and technical capabilities."

 

 

Around the Country

Beyond the Grain Canadian Restaurant News

In a move intended to see more rice from south of the border end up in Canadian meals, the USA Rice Federation hosted foodservice industry representatives in the growing regions of Arkansas during this year's harvest.

 

Central California Farmers Face Another Year Without Federal Water Wall Street Journal

Farmers say they will have to continue to fallow fields and take other cost-cutting measures as they try to wait out a drought they say has been worsened by federal regulatory restrictions on how water is allocated. Many get water from alternate sources, including wells or by buying it on the private market, but often at a much higher price than the federal supplies.

 

Farm Program Sign-Up Extended 30 Days Delta Farm Press

The USDA has announced a deadline extension of 30 days -- to March 31 -- for farmers to update yields, reallocate base acres, and choose between the ARC and PLC programs.

 

 

Tariffs and Trade

Back to El Futuro My New Orleans

The Cuba Hoy (Cuba Today) Conference in Havana is scheduled March 14-21 to bring business and civic leaders together in a networking event that examines Cuban laws and policy and how they might affect expanded trade.

 

U.S. Agriculture Delegation Visits Cuba, Protest Embargo Reuters

The most important U.S. agricultural delegation to visit Cuba in more than a decade began three days of meetings on Monday, hoping to find potential business partners and urge the U.S. Congress to lift the trade embargo against the Caribbean nation.

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