USA Rice Daily
Up-to-the-Minute News on Issues and Activities
Wednesday, August 5, 2015

National Rice Month Promotional Items Now Available

NRM
Open for business!  

ARLINGTON, VA -- With National Rice Month (NRM) quickly approaching, USA Rice has stocked up on an assortment of exclusive promotional items. Items can be purchased online or by filling out an order form and sending it to USA Rice.   

 

This year is the 25th anniversary of National Rice Month, and USA Rice will debut several new specialty items to commemorate the occasion.

 

Items available for purchase include: t-shirts, sunglasses holders, koozies, aprons, colored pencils, measuring cups, shopping totes, and more. All of the NRM items will feature either the 25th National Rice Month Anniversary logo or the Think Rice logo, which was recently unveiled as the new face of USA Rice consumer marketing initiatives.

 

"These promotional items serve as a great platform to promote U.S.-grown rice during National Rice Month," said Katie Maher, USA Rice's manager of domestic promotion. "This branded merchandise generates public awareness for the rice industry and keeps rice on people's minds, and hopefully, on their plates.

 

With strong support from rice producers and millers, NRM has grown into an established national promotion educating consumers about the benefits of U.S.-grown rice and boosting U.S. rice sales nationwide.

 

Contact: Colleen Klemczewski (703) 236-1446

 

Fisher Family Visits USA Rice 

Visit to USA Rice
From left to right: Pamela, Cannon, Campbell, and Kevin Fisher of Wynne, AR, visited USA Rice headquarters today.  The Fishers farm 1,900 acres, including 500 acres of rice, in St. Francis County, AR.   

 

CCC Announces Prevailing World Market Prices 
WASHINGTON, DC --The Department of Agriculture's Commodity Credit Corporation today announced the following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and the resulting marketing loan gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2015 crop, which will become effective today at 7:00 a.m., Eastern Time (ET). Today's announced world prices reflect changes in world prices, 2015-crop loan rates and milling yields, and updated values for domestic byproduct prices, costs of milling, bagging, and exporting milled rice.

 
World Price
MLG/LDP Rate
 
Milled Value ($/cwt)
Rough ($/cwt)
Rough ($/cwt)
Long Grain
14.92
9.42    
0.00
Medium/Short Grain
14.43
9.68    
0.00
Brokens
  9.00  
----
----

This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling yields and the corresponding loan rates:

 
U.S. Milling Yields
Whole/Broken
(lbs/cwt)
Loan Rate
($/cwt)
Long Grain
55.01/13.46
6.50
Medium/Short Grain
61.81/8.43
6.50
 
The next program announcement is scheduled for August 12, 2015.    
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for August 5

Month
Price
Net Change
September 2015$11.540
 + $0.085
November 2015$11.800
+ $0.090
January 2016$12.080
+ $0.085
March 2016$12.285
+ $0.070
May 2016$12.470
+ $0.070
July 2016
$12.470
+ $0.070
September 2016
$11.950
+ $0.040

In the News 

Around the Country

Big Agriculture Has a Stranglehold on Congress MySA

The recent U.S. House vote to ban states from requiring labels for food with genetically modified organisms, once again, highlights big agriculture's overwhelming influence.

 

Around the World

Robust Research Program is Essential to Meet Critical Global Food Security Challenges Agri Pulse

The United States is at a critical public policy crossroads over the issue of maintaining a robust national and international program of agricultural research capable of meeting the demands of the global food security conundrum that faces the planet over the next 35 years.

 

Science and Technology

How Rice Farmers Stand Ready to Lead the Fight against Climate Change Portland Business Journal

The approval of the California Rice Cultivation Carbon Offset Protocol on June 25 is another powerful tool in the toolbox for fighting climate change. The new rice cultivation protocol details three ways a farmer may generate carbon offsets: dry seeding, early drainage and alternate wet and dry activities.

 

The Internet of Things and the Future of Farming New York Times

Lance Donny, founder of an agricultural technology start-up, OnFarm Systems, gave a wide-ranging talk that laid out the history of farming and presented the case for its data-driven future.

 

Tariffs and Trade

USTR Negotiator: Dairy Remains Toughest Agricultural Conflict for TPP Agri Pulse

Participants and observers returning from the latest round of the 12-nation Trans-Pacific Partnership trade negotiations in Hawaii, say resolution of agricultural and other knotty provisions of the pact are edging toward the finish line.

 

 

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