USA Rice Daily
Up-to-the-Minute News on Issues and Activities
Wednesday, August 26, 2015
2015 USA Rice Outlook Conference to Feature Political Duo
Matalin and Carville 
Keynote speakers Mary Matalin and James Carville 
 
NEW ORLEANS, LA - Husband and wife political strategists and best-selling authors Mary Matalin and James Carville will be the keynote speakers at the 2015 USA Rice Outlook Conference to be held here this December with a conversation about the political outlook and what to expect during the 2016 presidential election. True to their reputations the couple, speaking from their home town of New Orleans, will offer fiery discussion and insight into the current political landscape and share their concerns, hopes, and predictions for the upcoming election cycle.
 
Matalin is one of the most celebrated and popular conservative voices in America. Among her many roles, she has served under Presidents Ronald Reagan, George H.W. Bush, and George W. Bush. Matalin currently co-hosts the nationally syndicated radio program Both Sides Now, which is broadcast on more than 100 radio stations.
 
Known for his electoral successes and remaking political underdogs into upset winners, James Carville is America's best-known political consultant. Carville guided the campaign of then Governor Bill Clinton to defeat President George H.W. Bush whose approval rating was among the highest ever for a sitting president.  Carville has written several books, including two memoirs with his wife, All's Fair: Love, War, and Running for President about the 1992 presidential campaign and the more recent, Love and War: Twenty Years, Three Presidents, Two Daughters and One Louisiana Home, about how they, and America, have changed over the last two decades.
 
Outlook Sponsorship Brochure 
Get in on the rice industry's premier event: become an exhibitor or sponsor today  
Carville and Matalin are headlining an expanded USA Rice Outlook Conference now with two full days of programming. Attendees will hear timely information and outlooks on farm policy, the economy, weather trends, farm management, food innovation, and more.
 
Other noted presenters will include Louisiana Congressman Ralph Abraham, farm management expert Dick Wittman, economist Dr. David Kohl, and many more.
 
Visit www.usarice.com/outlook for additional program and registration information and watch the USA Rice Daily for more program news.
 
The USA Rice Outlook Conference is the largest annual rice meeting and trade show.  Several exciting exhibitor and sponsorship opportunities are available for this premier event. To learn more, download a brochure, or contact Jeanette Davis at jdavis@usarice.com,  (703) 236-1447.

Contact: Amy Doane (703) 236-1458
California Rice Industry Hosts USA Rice Leaders  
Betsy Ward
USA Rice's Betsy Ward
SACRAMENTO, CA - This week, USA Rice Chairman Dow Brantley traveled to California to meet with members of the rice industry and attend the annual California Rice Experiment Station Field Day in Biggs.

In addition to the field day, Brantley and USA Rice President & CEO, Betsy Ward attended the 8th annual The Rice Trader (TRT) Americas Conference held in Sacramento yesterday. Ward joined California Rice Commission (CRC) CEO Tim Johnson and President of the Northern California Water Association David Guy as panelists on the "Politics, Water, Rice and the Future" panel during the general session. Ward provided an overview of USA Rice's activities and mission, particularly updates on international promotions for several export markets, farm policy and conservation efforts, and changes to the USA Rice communication resources.
 
Doherty and Brantley 
California producer Sean Doherty (l) and USA Rice Chairman Dow Brantley 
Following the panel, Brantley and Ward along with the CRC Executive Committee and CRC Committee Chairs provided updates relative to the California rice industry, specifically the Trans-Pacific Partnership trade deal and the China phytosanitary protocol.  
 
Brantley, a rice farmer from Arkansas, shared his enthusiasm for this trip saying, "It's really been a privilege to learn about the California rice industry firsthand while I've been in the state." He added, "Knowing that many challenges California faces are shared by their colleagues in the south will only strengthen and further unify the U.S. rice industry."
 

Contact: Peter Bachmann (703) 236-1475

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). Rough rice prices decreased $0.21 per cwt for long grain and $0.22 per cwt for medium/short grain.

 
World Price
MLG/LDP Rate
 
Milled Value ($/cwt)
Rough ($/cwt)
Rough ($/cwt)
Long Grain
14.56
9.19  
0.00
Medium/Short Grain
14.07
9.44  
0.00
Brokens
  8.78  
----
----

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 September 2, 2015.    
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for August 26 

Month
Price
Net Change
September 2015$11.310
 - $0.035
November 2015$11.600
- $0.025
January 2016$11.900
- $0.025
March 2016$12.155
- $0.020
May 2016$12.405
- $0.020
July 2016
$12.440
- $0.010
September 2016
$11.450
- $0.010
In the News 
Around Washington
A new study, published last week in the journal Appetite, added new evidence that the new labels will have the opposite of their intended effect: People will perceive that the new portion size is normal, and they'll eat more ice cream - or other fattening foods - instead of less.
 
Around the Country
Prepared dishes must be dropped off for judging, 9-9:45 a.m. Sept. 18 at the Delta State University Walter Sillers Coliseum. Winners will be announced during the Rice Tasting Luncheon that same day.
 
Net farm income will drop to $58.3 billion from $91.1 billion in 2014, marking the largest percentage decline since 1983, including when figures are adjusted for inflation. The projected decrease would mark the second consecutive drop after incomes reached nominal record highs in 2013, according to the USDA.

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