South Korean Researchers Visit USA Rice
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USA Rice's Jim Guinn (l.)meets with Korean research team.
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ARLINGTON, VA -- Representatives from KREI, South Korea's equivalent to our own government's Economic Research Service (ERS), stopped by USA Rice offices yesterday to discuss future trends in American rice markets.
South Korea recently underwent tariffication, and is being challenged at the World Trade Organization by the U.S. and four other countries on its 513 percent out-of-quota duty. While the policy and challenges to it were not discussed in the meeting, both sides acknowledged the mounting political sensitivity of rice trade in Korea.
Korea remains a high value market for U.S. rice, importing over 20,000 MT in the first three months of 2015. USA Rice also conducts several successful promotion campaigns to raise awareness for U.S. rice in Korea and most recently exhibited at the annual Seoul Food and Hotel Show.
Contact: Kristen Dayton (703) 236-1464
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Mexico Heralds Return of USA Rice's "Paella Wednesday" Promo
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MEXICO CITY, MEXICO -- USA Rice's wildly successful "Paella Wednesday" program is back. This year's promotion, which runs from May through December, is being conducted at Sanborns, a major department store chain with more than 100 restaurants in Mexico City and the Metropolitan area frequented by approximately one million customers each month.
During the promotion, each Sanborns restaurant will display a full-color poster and tabletop tents to remind consumers that Wednesday is Paella Day and that the delicious paellas will be prepared with U.S.-grown rice, as will dessert options.
Sanborns' flagship restaurant is a major Mexico City tourist attraction and a national monument, the 16th century House of Tiles, or "Casa de los Azulejos."
Sanborns also sells books and magazines, including USA Rice's most recent cookbook, Traditional Mexican Recipes with Rice. The 40 delicious recipes in the new cookbook are favorites in the Mexican culture and are either customarily served with rice, or give common dishes a contemporary twist by incorporating rice.
"Each year, Sanborns purchases more than 30,000 pounds of U.S. rice from IPACPA and Schettino, the largest millers/packers in Mexico," said Gaby Carbajal, USA Rice's representative in Mexico. "Through our promotions at these popular stores we aim to increase consumers' purchases of rice dishes and expose them to the great flavor of U.S. rice."
Contact: Sarah Moran (703) 236-1457
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CME Group/Closing Rough Rice Futures | CME Group (Prelim): Closing Rough Rice Futures for May 15
July 2015
| $9.575 |
- $0.060
| September 2015
| $9.845 |
- $0.045
| November 2015
| $10.095 |
- $0.040
| January 2016
| $10.355 |
- $0.025
| March 2016
| $10.420 |
- $0.025
| May 2016
| $10.420 |
- $0.025
| July 2016
| $10.420
|
- $0.025
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In the News
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Around Washington
Senate Agrees to Debate 'Fast Track' Trade Bill USA Today
The Senate trade debate is expected to roll into next week. If TPA passes, the House is on track to follow suit in June.
Around the Country
Managing Rice with Herbicide Drift Delta Farm Press
Herbicide drift is bad this year, and it can be very difficult to decide what to do to manage a rice field that Newpath or Roundup has drifted onto.
Tariffs and Trade
U.S. 'Playing by the Rules,' Paying Price for Unfair Competition in Rice
Delta Farm Press
ITC study says: "The global rice market is characterized by significant government intervention in both imports and exports. This has affected trade and price trends in the world rice market more than it has for most other agricultural products."
Science and Technology
Science and Technology
Drones Boom Raises New Question: Who Owns Your Airspace? Wall Street Journal
In recent years, technology advances have made remote-controlled aircraft cheaper, more powerful and easier to fly, and now tens of thousands of the devices are cluttering that band of sky. Use is expected to soar further next year, when proposed federal rules for commercial drone flights are likely to be completed.
Health and Nutrition
Master These 6 Recipes and Call Yourself a Rice Pro Refinery29.com
Easy 'how to' for cooking perfect rice every time and five easy rice recipes ranging from comfort food staples to takeout favorites to delicious desserts.
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USA Rice Daily Index of Articles, May 11-14
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Thursday, May 14
USA Rice Hails ITC Study of Global Rice Industry
The Senate Gives TPA a Second Chance
House Kills WOTUS
Wednesday, May 13 World Market Price Subcommittee Talks Acreage, Iraq, and Cuba
Tuesday, May 12 USDA Seeks Input From Growers About 2015 Crops WASDE Report Released
Monday, May 11 USA Rice Meets with U.S. Ambassador to Iraq USA Rice Welcomes New Government Affairs Manager
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Upcoming Events | Events Calendar
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Mission Statement | USA Rice Federation is the global advocate for all segments of the U.S.
rice industry with a mission to promote and protect the interests of
producers, millers, merchants and allied businesses. |
About Us | Editor: Michael Klein (703) 236-1458 [email protected]
Fax (703) 236-2301
2101 Wilson Boulevard, Suite 610 Arlington, VA 22201
This report is time-sensitive, based on information available at press time. Content is derived from facts and sources believed to be reliable. Reprinting and/or distribution may be done with permission of the USA Rice Federation
Copyright � 2015. Please direct comments or questions to the editor or contact name listed for each story. |
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