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USA Rice Daily
Up-to-the-Minute News on Issues and Activities
Thursday, June 4, 2015

USA Rice Unveils New National Rice Month Logo        

ARLINGTON, VA -- This September, the U.S. rice industry celebrates the 25th anniversary of National Rice Month (NRM).  To commemorate the occasion, USA Rice has developed a special edition 25th anniversary logo inspired by the new Think Rice logos.

USA Rice will feature the logo in various NRM awareness campaigns this September, including: customized activities with supermarket registered dietitian at select retail chains, and on premium promotional items, which will be available for purchase later this month. 

"September is a time to celebrate the rice harvest and recognize the contribution of the U.S. rice industry to America's economy," said Katie Maher, USA Rice manager of domestic promotion programs.  "This exciting new logo will help draw attention to our activities and blend seamlessly into our year round promotion programs."

Over the past 25 years, with strong support from rice producers and millers, NRM has grown into a well-known national promotion, educating consumers about the U.S. rice industry and supporting U.S. rice sales nationwide.

Maher said USA Rice will make the new logo available for use by all entities promoting U.S. grown rice leading up to and during National Rice Month.

 

Contact:  Colleen Klemczewski (703) 236-1446

Weekly Rice Sales, Exports Reported        

WASHINGTON, DC -- Net rice sales of 34,200 MT for 2014/2015 were down 51 percent from the previous week and 16 percent from the prior four-week average, according to today's Export Sales Highlights report. Increases were reported for Haiti (10,500 MT), Canada (5,900 MT), unknown destinations (5,000 MT), Guatemala (3,500 MT), and Saudi Arabia (2,600 MT). Decreases were reported for Taiwan (200 MT). Net sales of 23,000 MT for 2015/2016 were reported for Colombia (13,000 MT) and South Korea (10,000 MT).

Exports of 58,500 MT were down 5 percent from the previous week and 18 percent from the prior four-week average. The primary destinations were Libya (13,800 MT), Japan (12,000 MT), Taiwan (8,800 MT), Mexico (8,300 MT), and El Salvador (4,500 MT).


This summary is based on reports from exporters from the period May 22-28.
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for June 4

Month
Price
Net Change
July 2015$9.925
+ $0.060
September 2015
$10.195
+ $0.055
November 2015
$10.465
+ $0.050
January 2016$10.720
+ $0.050
March 2016$10.915
+ $0.055
May 2016$10.915
+ $0.055
July 2016
$10.915
+ $0.055

In the News 

Around the Country

How to Manage Your Crops After the Flood Delta Farm Press

A meeting to help farmers manage their crops once floodwater recede will be held by Arkansas Extension personnel June 8 in Morrilton, Ark. The Arkansas River Valley Flooding meeting is set for 9:30 a.m. in the Multi-Purpose Building at the Conway County Fairgrounds.

 

The Inextricable Connection Between Jobs and Ag Western Farm Press

Check out the Facebook page, "My Job Depends On Ag." The site features the bucolic scenes of California agriculture and tells a story. It shows the real faces associated with farming and how countless jobs are connected with agriculture. It's not just those growing nuts, fruit and forages who are featured, but anyone and everyone with a connection to agriculture. The list is large.

 

Rice Farmers Push Congress to Lift Cuba Embargo WAFB CBS

Cuba imports 60 to 80 percent of its rice. Meaning if Congress lifts the embargo, it would mean better business for Louisiana with rice is a big industry in the state.

 

 

Tariffs and Trade

Rice is Sticky Issue in Trade Talks NPR Here & Now

Peter Timmer, Harvard University professor emeritus of development studies, says he doubts there will be an agreement on rice in the TPP. "Rice has been a stumbling block on all trade deals in Asia for at least 50 years," Timmer said.

 

Trade Gap Shrinks by 19%, Most in Six Years NASDAQ

The U.S. trade deficit fell sharply in April as the effects of a West Coast port slowdown faded, easing one of the biggest drags on the economy during the opening months of the year.

 

 

Science and Technology

Climate Change-Ready Rice Keeps Farmers Fields Green NPR

Scientists at the Bangladeshi Rice Research Institute created the new varieties by crossbreeding rice varieties that were already naturally resistant to salty soil. So they're not genetically modified plants.

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