USA Rice Daily
Up-to-the-Minute News on Issues and Activities
Wednesday, September 2, 2015
FAS Tour with Foreign Agricultural Attachés Visit Arkansas and Louisiana  
Dow Brantley
Dow Brantley (third from right) speaks to attachés about rice production in Arkansas
ROGERS, ARKANSAS- Foreign agricultural attachés arrived here on Sunday as part of a tour organized by the USDA's Foreign Agricultural Service (FAS). The group is visiting Arkansas and Louisiana this week, and will depart from New Orleans on Saturday.  FAS worked with the Arkansas Department of Agriculture and the Louisiana Department of Agriculture and Forestry to develop the agenda.  
 
The twenty-eight attachés participating in the tour represent the Americas, Asia, Africa, Europe, the Middle East, and Oceania.   
 
The goal of the tour is to provide a firsthand look at U.S. agriculture in Arkansas and Louisiana, and an opportunity to learn more about topics such as production, marketing, international trade, rice, poultry, soybeans, specialty crops, sugar, forestry products, cooperatives, agricultural research, agricultural development, port operations, and cold storage. 

The tour is making stops at many important spots including: Riceland Foods, Producers Rice Mill, Dow Brantley's farm, and the Dale Bumpers Rice Research Station in Arkansas; and in Louisiana the Angelina Ag Company, a 65,000 acre plantation that produces rice, corn, soybeans, cotton, grain sorghum, popcorn and oats, and the LSU Ag Center.
 
Since 1986, FAS has organized an annual orientation tour for the foreign agricultural attachés based in Washington.  The tours are an effective goodwill building tool to help advance U.S. agricultural goals and interests.
 
Contact: Jim Guinn (703) 236-1474

Rice Foundation Accepting Applications for 2016 Leadership Development Program 
Leadership Class
Look for this photo on the website and you'll find the application!  
STUTTGART, AR - The Rice Foundation is accepting applications for the 2016 Rice Leadership Development Program.  Rice producers or industry-related professionals between the ages of 25 and 45 are eligible to apply for the program. The application deadline is October 3.
 
The Rice Leadership Development Program provides a comprehensive understanding of the rice industry, with an emphasis on personal development and communication skills.  During a two-year period, class members attend four one-week sessions designed to strengthen leadership skills through studies of all aspects of the rice industry.
 
The class is comprised of five rice producers and two industry-related professionals chosen by a committee of agribusiness leaders.  The committee evaluates the applications of all candidates, reviews letters of recommendation and conducts personal interviews with the finalists.  Interviews will be conducted at the USA Rice Outlook Conference in New Orleans, Louisiana, in December.
 
The program is sponsored by John Deere Company, RiceTec, Inc., and American Commodity Company through The Rice Foundation and managed by USA Rice.  
 
For additional information on the program or for an application form, visit usarice.com and click the "Read More" button on the sliding panel featuring the Leadership Program Applications.
 
Contact:  Chuck Wilson (870) 673-7541
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 $0.07 per cwt for long grain and $0.08 per cwt for medium/short grain.

 
World Price
MLG/LDP Rate
 
Milled Value ($/cwt)
Rough ($/cwt)
Rough ($/cwt)
Long Grain
14.45
9.12   
0.00
Medium/Short Grain
13.95
9.36   
0.00
Brokens
  8.72   
----
----

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 9, 2015.    
CME Group/Closing Rough Rice Futures   
CME Group (Prelim):  Closing Rough Rice Futures for September 2 

Month
Price
Net Change
September 2015$11.690
 + $0.095
November 2015$11.955
+ $0.090
January 2016$12.245
+ $0.085
March 2016$12.495
+ $0.075
May 2016$12.730
+ $0.065
July 2016
$12.900
+ $0.050
September 2016
$11.995
+ $0.060
In the News 
Around the Country
September marks the twenty-fifth annual Rice Month in Arkansas. The Arkansas Rice Council will hold events throughout the month to help promote the top rice-producing state and support local agriculture.
 
According to the USDA report, net farm income is dropping dramatically.
 
To highlight its importance, both as a crop and as part of the changing U.S. diet, this is National Rice Month. Globally, rice is the world's most important cereal grain. Reflecting both our increasing cultural diversity and awareness of good nutrition, Americans have increased their annual consumption of rice from 1980's 9½ pounds to today's 31 pounds each.
 
Attorneys who have been debating state and federal powers regarding small waterways filed written arguments Tuesday over whether a judge's decision to block a new Obama administration water rule applies nationwide.
 
Science and Technology
While university scientists are developing commercial rice varieties that will be tolerant to Provisia herbicide, BASF is working on the herbicide component itself.

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