USA Rice Daily
Up-to-the-Minute News on Issues and Activities
Thursday, August 6, 2015

Mexican Dishes Bring U.S. Rice to Japanese Consumers         

Japanese consumers sampling U.S. rice 
Olé and kanpai!
TOKYO, JAPAN - This week, USA Rice conducted a consumer event here in collaboration with Ryoritsushin, a popular food magazine. Approximately 60 Japanese consumers were introduced to U.S. medium grain at Toro Tokyo, celebrity chef Richard Sandoval's hot Mexican and Latin American restaurant in the posh and exclusive Ginza District.

 

The event featured a discussion led by the magazine about the new popularity of Mexican cuisine in Japan, followed by a presentation on U.S. rice including its growing environment, exports, and unique sustainability story. Finally, Toro chef Ogawa explained to the crowd why U.S. medium grain works nicely for his Mexican menus, and that it is the only rice on the restaurant's menu. He then conducted a cooking demonstration of his "Mexican Egg," incorporating U.S. medium grain rice.

 

Ms. Rachel Nelson, director of the U.S. Embassy Agricultural Trade Office here, offered a greeting and toast to the invited participants and partook of the many Mexican dishes, all of which were prepared with U.S.-grown rice.

 

Attendees completed a questionnaire at the event's conclusion that showed 95 percent of the participants were satisfied with the event and almost 98 percent thought the menus using U.S. medium grain tasted good. Ninety-five percent of the participants liked the texture of U.S. medium grain.  

 

"Simple first-person promotional events such as this one create a long-remembered positive image for our rice that is passed on by word-of-mouth to many others," said USA Rice's Bill Farmer who attended the event.

 

Contact: Michael Klein (703) 236-1458

Weekly Rice Sales, Exports Reported        

WASHINGTON, DC -- Net sales of 19,800 MT for 2014/2015 were up noticeably from the previous week, but down 38 percent from the prior 4-week average, according to today's Export Sales Highlights report.  Increases were reported for Libya (20,600 MT), Canada (1,500 MT), South Korea (500 MT), New Guinea (400 MT), and El Salvador (400 MT).  Decreases were reported for Mexico (4,400 MT) and Jordan (400 MT). Net sales of 81,500 MT for 2015/2016 were reported for Panama (45,400 MT), Haiti (20,000 MT), Mexico (10,100 MT), Costa Rica (4,500 MT), and El Salvador (1,000 MT). Decreases were reported for Canada (100 MT).

Exports of 77,700 MT were down 27 percent from the previous week and 3 percent from the prior 4-week average. The primary destinations were Mexico (30,100 MT), Libya (20,600 MT), South Korea (10,700 MT), El Salvador (6,000 MT), and Canada (3,100 MT).
 
This summary is based on reports from exporters from the period July 24-30, 2015.
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for August 6.

Month
Price
Net Change
September 2015$11.440
- $0.100
November 2015
$11.700
- $0.100
January 2016
$11.990
- $0.090
March 2016$12.225
- $0.060
May 2016$12.405
- $0.065
July 2016$12.405
- $0.065
September 2016
$11.885
- $0.065

In the News 

Around Washington

Democrats Walk Out on Efforts to Block Clean Power Plan, Clarify Pesticide Permits Agri Pulse

Sen. Barbara Boxer, D-Calif., and fellow Democrats walked out of a Senate Environment and Public Works Committee meeting held to consider several bills, including one that would alter Clean Water Act pesticide permit regulations - in an effort to deny Republicans a quorum.

 

Around the Country

2015 Rice Expo Set for Friday in Stuttgart Stuttgart Daily Leader

The 2015 Arkansas Rice Expo will open the doors at 8 a.m. at the Grand Prairie Center in Stuttgart. The keynote speaker for the event will be Governor Hutchinson.

 

USDA Data Shows Thousands of Jobs Coming in Agriculture Industry KCRG

According to new data from the USDA there will be 57,900 annual job openings in food, agriculture, renewable natural resources, and environment fields between 2015 and 2020.

 

Around the World

Feeding People on Our Stressed Planet Will Require a "Revolution" Environmental Health

Two renowned scientists-Stanford's Paul Ehrlich and UC-Berkeley's John Harte - argue that feeding the planet goes way beyond food. Revolutionary political, economic and social shifts are necessary to avoid unprecedented chaos.

 

Tariffs and Trade

Dairy Clouds TPP Progress Agri Pulse

After a week of meetings on the Trans Pacific Partnerhsip, trade ministers from a dozen nations left Hawaii last weekend with issues still unresolved, but US Trade Representative Michael Froman says they remain optimistic.

 

USDA Lobbies Sugar Industry to Support Pacific Trade Deal Reuters

A U.S. Department of Agriculture official on Wednesday used a sugar industry gathering to press the importance of the Trans-Pacific trade pact that U.S. sugar farmers worry could overwhelm the market with excess supplies and hurt prices.

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