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USA Rice Daily
Up-to-the-Minute News on Issues and Activities
Thursday, July 9, 2015

U.S. Rice Heading to Iraq Again        

Back in Iraq

DALLAS, TEXAS -- After being excluded from several recent bids for rice, U.S-grown rice is once again heading to Iraq.

 

USA Rice is reporting that the United States has been awarded a contract for 60,000 metric tons of white rice to be shipped during August.

 

"Finally winning another sale here is quite gratifying for all the work we've put in on this," said Betsy Ward, President & CEO of USA Rice.  "After being passed over several times, despite competitive bids, we raised concerns and objections to the highest levels in the U.S. State Department and with the Iraqi government.  We appreciate the hard work put in by the State Department and others on behalf of the U.S. industry."

 

Contact:  Michael Klein (703) 236-1458

Tops on Your Summer Reading List:  USA Rice's Whole Grain       

Kickin' it in Texas 
DALLAS, TEXAS -- The next issue of USA Rice's award winning Whole Grain tabloid newspaper has been distributed here at USA Rice's annual business meetings and will be in your mailbox at home soon -- just in time to be packed into a beach bag or picnic basket.

 

Conceived last year as a replacement for USA Rice's annual report, the Whole Grain has quickly grown in scope and reach.  The summer issue includes stories on consumer research, free trade with Cuba, USA Rice's domestic promotion programs, and an interview with Missouri Senator Roy Blunt.

 

More than 23,000 copies of the tabloid have been mailed out to rice farmers, landowners, mills, and others in all six rice-producing states.  Please let us know if you would like extra copies to distribute in your area.

 

To learn about advertising opportunities, email USA Rice's communications team.

 

Contact:  Deborah Willenborg (703) 236-1444

Weekly Rice Sales, Exports Reported        

WASHINGTON, DC -- Net rice sales of 69,200 MT for 2014/2015 were down 47 percent from the previous week, but up 18 percent from the prior four-week average, according to today's Export Sales Highlights report.  Increases were reported for Mexico (45,700 MT), South Korea (7,500 MT), Costa Rica (7,400 MT), Jordan (4,000 MT), and Canada (1,900 MT).  Net sales of 13,000 MT for 2015/2016 were reported for South Korea (9,000 MT), Canada (3,200 MT), and unknown destinations (800 MT).

Exports of 50,800 MT were down 25 percent from the previous week and 28 percent from the prior four-week average. The primary destinations were Japan (10,000 MT), Haiti (10,000 MT), Honduras (7,800 MT), Costa Rica (6,500 MT), and Mexico (5,700 MT).


This summary is based on reports from exporters from the period June 26-July 2, 2015.
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for July 9

Month
Price
Net Change
July 2015$10.815
+ $0.050
September 2015
$11.050
+ $0.040
November 2015
$11.320
+ $0.040
January 2016$11.585
+ $0.035
March 2016$11.745
+ $0.040
May 2016$11.915
+ $0.205
July 2016
$11.915
+ $0.205

In the News 

Around Washington

Food Talks Raise Concerns on Hill Agri-Pulse

Leaders of the House Agriculture Committee are raising concerns with the Obama administration about its effort to win support from the shipping industry for converting more food aid to cash assistance.

 

Around the Country

Blunt in Middle Of Fight Over Dietary Guidelines, Environmental Concerns St. Louis Today

Blunt and the 29 other senators signed a letter in March challenging the "scientific integrity of the Dietary Guidelines Advisory Committee's recommendations to remove 'lean meat' from the statement of a healthy dietary pattern."

 

 

Science and Technology

How to Get the Most from Rice Fungicides Delta Farm Press

Fungicides work best in well-managed fields and in less susceptible varieties.

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