USA Rice at Miami Trade Show
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Join the crowd at the booth in Miami
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MIAMI, FL -- This week, USA Rice exhibited here at the 19th Americas Food and Beverage Show and Conference, the largest Americas focused food and beverage trade show in the Western Hemisphere. More than 500 exhibitors hailed from the U.S. and Latin America as well as Korea, Thailand, Turkey, and the show's country of honor, Algeria.
The USA Rice booth, in the USA pavilion, provided brochures and samples of rice cooked by USA Rice's Chef Javier of Guatemala and the four winners of the Colombian chef competitions conducted earlier this year. (see the USA Rice Daily, June 29, 2015)
"This was our first time attending and exhibiting at this show and we gathered more than a dozen quality trade leads," said Sarah Moran, USA Rice director of international promotion. "Large, well-known grocery chains, existing importers, as well as new importers to the region approached us expressing interest in U.S. rice. We'll work with our members to follow up on all of them."
The trade show also hosted seminars, including a discussion on "Top Food and Restaurant Trends across the U.S." Presenters there stressed the need for brands to tell their "people story" to consumers. This is something USA Rice has already taken to heart, with the "Meet Our Farmers" section of the consumer website that is promoted via several social media channels.
"There was a high caliber of attendees in this year's show and I think this was a great venue to showcase USA Rice," said Ernesto Baron, USA Rice's representative for Central America/Andean. "This region is growing very rapidly, and rice is popular and even intrinsic in a lot of cultures. People requested samples of U.S. rice as well as general trade information and I think they were pleased with our booth and the information we had for them. This was definitely worthwhile."
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#USARiceOutlook Contest: Week Three
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No matter the media, it's always USA Rice
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ARLINGTON, VA -- Sean Doherty, a rice farmer from Dunnigan, California, is this week's finalist in the #USARiceOutlook social media contest. A weekly winner will be announced every Wednesday until November 4, and will be in the running for the grand prize of a free registration to the USA Rice Outlook Conference in New Orleans December 9-11.
For contest eligibility, participants can retweet or share USA Rice's posts about the upcoming conference, or they can create their own original content using the hashtag #USARiceOutlook. Members can share what they are looking forward to most at the conference, which speaker they are most excited about, their favorite part about New Orleans, etc. Creativity is encouraged!
When asked for his response to being named a finalist in the contest, Doherty replied, "USA Rice Outlook Conference in New Orleans? Be there. And that's all I'm saying!"
Follow @usaricenews on Twitter for more exciting updates about the 2015 USA Rice Conference and remember to tweet us using #USARiceOutlook!
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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 increased $0.18 per cwt for long grain and $0.19 per cwt for medium/short grain.
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World Price
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MLG/LDP Rate
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Milled Value ($/cwt)
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Rough ($/cwt)
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Rough ($/cwt)
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Long Grain
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15.21
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9.60
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0.00
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Medium/Short Grain
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14.72
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9.87
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0.00
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Brokens
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9.17
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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:
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U.S. Milling Yields
Whole/Broken
(lbs/cwt)
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Loan Rate
($/cwt)
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Long Grain
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55.01/13.46
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6.50
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Medium/Short Grain
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61.81/8.43
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6.50
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The next program announcement is scheduled for November 4, 2015. |
| CME Group/Closing Rough Rice Futures | CME Group (Prelim): Closing Rough Rice Futures for October 28
| November 2015 | $11.400 |
- $0.200
| | January 2016 | $11.685 |
- $0.200
| | March 2016 | $11.950 |
- $0.210
| | May 2016 | $12.220 |
- $0.215
| | July 2016 | $12.470 |
- $0.215
| September 2016
| $12.095
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- $0.255
| November 2016
| $12.095
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- $0.255
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In the News
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Around Washington
Ag Committee Leaders Stand United Against Reopening Farm Bill to New Crop Insurance Cuts
High Plains Journal
Chairman Mike Conaway (R-TX): "The House Agriculture Committee was not consulted regarding any changes to policies under the jurisdiction of our committee. This provision is opposed by an overwhelming majority or our committee members. It was debated and defeated during the 2014 farm bill process, and to move forward with it now breaks faith with the American producer."
Members of the House Agriculture Committee were waging a last-minute, uphill fight to stop a $3 billion cut to crop insurers that's contained in a two-year budget agreement between congressional leaders and the White House. House Agriculture Chairman Mike Conaway, R-Texas, said he was trying to persuade House GOP leaders to roll back the cut before the House is expected to vote on the deal Wednesday.
Around the Country
Steve McKaskle, owner of McKaskle Family Farm, the only organic rice farm in Missouri, supplies a growing number of Chipotle restaurants in his region with organic long grain white and brown rice.
Science and Technology
Apps use the latest in digital soil mapping, GPS-enabled camera functions and Cloud-computing technology, but require no special training-thanks to picture-matching, drop-down menus, explanatory video and multiple-choice questions.
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| Upcoming Events | Events Calendar
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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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