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USA Rice Daily
Up-to-the-Minute News on Issues and Activities
Monday, May 11, 2015

USA Rice Meets with U.S. Ambassador to Iraq    

WASHINGTON, DC -- USA Rice Chairman Dow Brantley led a delegation of members

Stuart Jones, U.S. Ambassador to Iraq 

and staff on Friday in a meeting with Stuart Jones, U.S. Ambassador to Iraq, to discuss strategy for returning Iraq as a steady customer for U.S. rice. 

 

"We have a large crop to move and Iraq is a traditional source of large demand for long grain rice," said Brantley, a rice farmer from England, Arkansas. "Ambassador Jones has been tireless in support of U.S. rice, but staff turnover at the Grain Board of Iraq and the Ministry of Trade, as well as the unstable political situation in the country have made it nearly impossible for us to be successful there."

 

USA Rice and the U.S. government continue with a full court press since Iraq began purchasing rice from non-U.S. origins in the Western Hemisphere at prices sometimes $45 per metric ton more than offered from the United States. 

 

Ambassador Jones stressed that everyone at the embassy in Baghdad have become rice experts and expressed his appreciation for all the assistance USA Rice has provided to his team on the ground there.

 

"It is clear that Ambassador Jones has made educating the Iraqi government about the competitiveness of U.S. rice and the importance of operating a transparent and open tender process a top priority issue," said Betsy Ward, USA Rice President and CEO, who also attended the meeting.

 

Contact: Bob Cummings (703) 236-1473

USA Rice Welcomes New Government Affairs Manager 

ARLINGTON, VA - USA Rice's Vice President Government Affairs Ben Mosely today

Welcome to USA Rice, Peter! 

announced the hiring of Peter Bachmann as Manager, Government Affairs. 

 

Peter comes to USA Rice from the National Association of Conservation Districts in Washington, DC.  He has had a variety of internships at ag-related businesses and grew up in Fallston, Maryland and showed livestock as a member of 4-H. He attended Iowa State University where he studied Animal Science for two semesters before transferring to Virginia Tech where he obtained his B.S. in Dairy Science with a Concentration of Dairy Enterprise Management.

 

Peter will be working with the Government Affairs team on a wide range of issues including conservation and legislation impacting rice.

 

"We look forward to having someone with Peter's experience and love of agriculture working for the rice industry on Capitol Hill," said USA Rice CEO Betsy Ward.

 

Contact: Deborah Willenborg (703) 236-1444

Crop Progress:   2015 Crop 83 Percent Planted 

WASHINGTON, DC -- Eighty-three percent of the nation's 2015 rice acreage is planted, according to today's U.S. Department of Agriculture's Crop Progress Report.

Rice Planted, Selected States 
Week Ending
State
May 10,  2014   
May 3, 2015  
May 10, 2015 
2010-2014 average
Percent
Arkansas
79 
 64
86 
77
California
36
 38
75 
36 
Louisiana
96
        88
93 
95 
Mississippi 
66 
 66
82 
71 
Missouri
76 
37
73 
72 
Texas
90 
65
78 
94 
Six States
72 
61
83
72 
CME Group/Closing Rough Rice Futures   
CME Group (Preliminary):  Closing Rough Rice Futures for May 11

Month
Price
Net Change
May 2015
$9.380
- $0.125
July 2015
$9.610
- $0.130
September 2015
$9.880
- $0.125
November 2015
$10.125
- $0.125
January 2016
$10.370
- $0.125
March 2016
$10.435
- $0.125
May 2016
$10.435
- $0.125

In the News

Around the Country

10 Questions Before Adding Next Generation to the Farm Delta Farm Press

Succession isn't a once-and-done affair. You can't tuck the paperwork away and hope it all works out.

The planning process should be preceded by a thorough vetting. Each active person, parents and children, grandparents, nieces and nephews, should address the tough questions and know how to deal with difficult issues.

 

Arkansas Rice Board Gives $2 Million to New Seed Facility Delta Farm Press

Money for the program will come from tariff rate quota funds generated from the U.S.-Colombia Trade Promotions agreement. The funds are reserved only for research efforts and are allocated by the Arkansas Rice Research and Promotion Board. The Arkansas Soybean Promotion Board and the Arkansas Wheat Promotion Board have both previously made contributions to the new facility as well.

 

Old MacDonald's Stolen Barn: Farm Theft on the Rise Newsweek

Misplacing equipment or miscounting livestock happens, but as agricultural commodity prices rise, criminals are helping themselves to animals and harvesting other people's crops. Thieves are taking machinery and fuel too.

 

Twice As Much Rice for Only Pennies More Democrat & Chronicle

In the 5-pound bag, the rice was nearly $1.20 a pound. At 10 pounds, the unit price was less than 60 cents. All told, how can twice as much rice cost 40 cents more? But the better question may: How come the 5-pound bag is only 40 cents less?

 

Which California Export Crops are Worth the Water? National Geographic

As the historic drought continues, graphic shows which top export crops are efficient at turning water into nutrition-and which aren't.

 

 

Tariffs and Trade

USA Signs Agricultural Agreement with Jordan Farms.com

During a recent meeting, U.S. Secretary of Agriculture Tom Vilsack signed an agreement with the Jordan's Minister of Planning and International Cooperation that is geared towards supporting agricultural trade and development between the United States and Jordan. In 2013, the United States exported $256 million in agricultural goods to Jordan. Rice, poultry and tree nuts were the largest exported commodities.

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