Registration for the 2015 USA Rice Outlook Conference Now Open
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NEW ORLEANS, LA -- Early registration is now open for the upcoming 2015 USA Rice Outlook Conference that will be held here December 9-11. The conference is the largest rice industry annual meeting, and this year's expanded programming will feature presentations from industry experts, an extensive exhibit hall, and offsite interactive learning sessions.
In addition to keynote speakers Mary Matalin and James Carville, attendees will hear from the co-founder of the Commodity Weather Group, Joel Widenor; farm management expert Dick Wittman; economist Dr. David Kohl; and ag policy guru Jim Wiesemeyer.
Feature programming also includes "A Conversation with Louisiana Congressman Dr. Ralph Abraham," and an exciting panel discussion on "The Future of Food and What it Means for Rice," with futurist Mike Lee, founder and CEO of Studio Industries, and rice end users.
The Annual USA Rice Awards Luncheon and state rice outlooks and research reports round out the packed program.
The hotel room block at the Sheraton New Orleans is also open and rooms are going fast, as are exhibiting and sponsorship opportunities. Registration rates will increase on November 6, so anyone interested in attending is encouraged to act quickly.
More information on all aspects of the 2015 USA Rice Outlook Conference, and registration materials, can be found on USA Rice's new website, here.
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September Proclaimed Rice Month in Louisiana; Rice Industry's Food Bank Donation Honors Hunger Action Month
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Kevin Berken announces donation of
15K pounds of rice to help feed hungry
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BATON ROUGE, LA -- Louisiana Department of Agriculture and Forestry Commissioner Dr. Mike Strain, rice industry leaders, and representatives of the Greater Baton Rouge Food Bank (GBRFB) gathered at the Capitol Park Museum in view of the state capitol yesterday to proclaim September as Louisiana Rice Month and Louisiana Hunger Action Month and to make the annual rice donation to the GBRFB.
Dr. Strain presented Gov. Bobby Jindal's official proclamations declaring September as Louisiana Rice Month and Hunger Action Month.
In making the donation to the GBRFB, Louisiana Rice Promotion Board Chairman Kevin Berken stressed the industry's strong record of support for the needy, noting that this year's donation of more than 15,000 pounds will provide more than 180,000 servings of rice to neighbors in need.
Louisiana Rice Mill and Falcon Rice Mill of Crowley, Planters Rice Mill of Abbeville, and Farmers Rice Mill of Lake Charles provided rice for the donation. Blue Runner Foods of Gonzales, Louisiana joined the effort to feed the hungry by donating twelve cases of their signature dry beans.
Network television affiliates from CBS, NBC and Fox covered the event as well as Louisiana Farm Bureau's weekly television program, This Week in Louisiana Agriculture.
The GBRFB is a regional food bank that provides food to more than 114 charitable agencies operating food pantries, group homes, shelters, meal sites and special agencies in 11 parishes. In 2014, the Greater Baton Rouge Food Bank provided approximately 8.9 million meals to those in need.
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 WASHINGTON, DC -- U.S. 2015/16 rice supplies are lowered 14.9 million cwt from last month resulting from a decrease in production that is partially offset by a slight increase in beginning stocks. Imports are unchanged. U.S. rice production for 2015/16 is forecast at 189.5 million cwt, down 15.5 million from last month due to a decrease in both area harvested and yield. Harvested area is estimated at 2.57 million acres, down 174,000 from last month. Harvested area estimates are lowered for all states except California. The average all rice yield is estimated at 7,374 pounds per acre, down 98 pounds per acre from last month, with decreases in all states except Mississippi. Long-grain rice production is forecast at 131.5 million cwt, down 17.5 million from last month, and combined medium- and short-grain production is forecast at 58 million cwt, up 2 million. All rice beginning stocks for 2014/15 are raised 700,000 cwt from last month to 48.5 million (rough-equivalent basis) based on USDA's August Rice Stocks report. All rice 2015/16 domestic consumption and residual is lowered 4 million cwt to 125 million due mainly to lower supplies. Exports are forecast at 97 million cwt, down 10 million from last month with long-grain exports down 10 million, but medium- and short-grain unchanged. All rice ending stocks are lowered 900,000 cwt to 41.5 million.
The 2015/16 long-grain season-average farm price range is projected at $12.80 to $13.80 per cwt, up $1.30 per cwt on both ends of the range from last month compared to $11.90 per cwt for 2014/15. The all medium- and short-grain farm price range is projected at $17.50 to $18.50 per cwt, down 30 cents per cwt on both ends of the range from last month compared to $17.90 per cwt for 2014/15. The California medium- and short-grain rice price, at a midpoint of $21.00 per cwt, is unchanged from last month. The Other States medium-and short-grain rice price, at a midpoint of $14.50 per cwt, is lowered 30 cents per cwt. The all rice season-average farm price is forecast at $14.20 to $15.20 per cwt, up 80 cents per cwt from a month ago compared to a revised $13.20 per cwt for 2014/15.
Projected global 2015/16 rice ending stocks are reduced on lower supplies. Global rice production is projected at 475.8 million tons, down 2.9 million from last month, primarily due to smaller crops forecast for Burma, China, Egypt, Indonesia, Philippines, and the United States. This is the first year-to-year decrease in production since 2009/10. Burma's crop is lowered due to significant widespread flooding in late July through mid-August. China's crop is lowered based mostly on early rice crop production data released by the government of China. Egypt's rice crop is lowered due to prolonged excessive heat during the growing season. Indonesia's crop is lowered due to a downward adjustment in expected yield. The Philippines crop is lowered due to a decrease in area and expected yield. Global beginning stocks are raised 1.8 million tons, due mostly to an increase in India. India's 2014/15 rice crop is raised 2.3 million tons based on data released by the government of India. India's exports for 2015/16 are raised 500,000 tons to 9 million, partially offset by a reduction of 400,000 for Burma to 1.8 million. Global 2015/16 rice consumption is lowered slightly from last month. Global 2015/16 ending stocks are projected at 90.2 million tons, down 700,000 from last month, and a decline of 11.7 million from the previous year. Ending
stocks are lowered for Burma, China, Egypt, Indonesia, and the Philippines; and raised for India and Vietnam.
The complete report can be read here.
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| CME Group/Closing Rough Rice Futures | CME Group (Prelim): Closing Rough Rice Futures for September 11
| September 2015 | $12.600 |
+ $0.165
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November 2015
| $12.830 |
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January 2016
| $13.110 |
+ $0.160
| | March 2016 | $13.315 |
+ $0.165
| | May 2016 | $13.445 |
+ $0.175
| | July 2016 | $13.595 |
+ $0.180
| September 2016
| $12.810
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+ $0.225
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In the News
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Around the Country
This September, USDA is highlighting the many successes of private lands conservation on the USDA Blog. Keep watching and learn more about how NRCS and landowners are working together to net big benefits for: water quality, wildlife, ecosystems, and strong rural economies.
The Nutrient Dense Rice Project, as it's officially called, uses a U.S. Department of Agriculture grant to track and compare the growth of two rice varieties - the Russian Duborskian strain and Koshihikari from Japan - irrigated with lines buried at two levels, six inches deep or one inch deep. All plants receive meticulous application of natural fertilizers at specific stages of rice kernel development.
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| Upcoming Events | Events Calendar
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| Recent Issues | September 10
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| Mission Statement | | USA Rice is the global advocate for all segments of the U.S. rice industry with a mission to promote and protect the interests of producers, millers, merchants and allied businesses. |
| About Us | Editor: Michael Klein
(703) 236-1458
mklein@usarice.com
Fax (703) 236-2301
2101 Wilson Boulevard, Suite 610
Arlington, VA 22201
This report is time-sensitive, based on information available at press time. Content is derived from facts and sources believed to be reliable. Reprinting and/or distribution may be done with permission of USA Rice.
Copyright © 2015. Please direct comments or questions to the editor or contact name listed for each story. |
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