USA Rice Daily - 4/25/2012 Print E-mail
USA Rice Daily, Wednesday, April 25, 201
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USA Rice Daily
Up-to-the-Minute News on Issues and Activities
USA Rice Federation is the global advocate of all segments of the U.S. rice industry with a mission to promote and protect the interests of producers, millers, merchants and allied businesses.
Wednesday, April 25, 2012
Louisiana Rice Farmers Rally at Capitol in Support of Rice Checkoff Programs
Rice farmers from across the state turned out to oppose changes to Louisiana's rice research and promotion checkoffs.
BATON ROUGE, LA -- A hearing before the Louisiana Senate Agriculture, Forestry, Aquaculture, and Rural Development Committee yesterday drew rice farmers from across the state.  Most were there to oppose Senate Bill 656, legislation that would have changed major provisions of the research and promotion statutes.

"The equal-assessment checkoff referendums were voted on statewide on January 17, 2012, and supported overwhelmingly by an 85 percent margin for research and a 75 percent margin for promotion.  Any attempt to reverse the will of this vast majority through legislation should not be allowed," Louisiana Rice Growers Association President John Owen said in his remarks to the committee.  

After hearing testimony, the committee voted and the bill did not pass.

Contact: Randy Jemison, (337) 738-7009

 

Louisiana Rice Blog Provides Real-Time Look at Rice Progression
CROWLEY, LA -- In the digital age, social media tools play an essential role in the dissemination of information. Twitter and Facebook make it easy to share content with carefully selected groups but blogs have the potential to communicate on a larger scale. The Louisiana State University (LSU) AgCenter Rice Research Station blog allows readers to follow the progression of a rice crop via a recently installed webcam.

"This blog is viewed by people around the world, and it allows them to compare how rice is grown here with other regions," said Steve Linscombe, director of the Rice Research Station. The webcam gives followers of the blog a more in-depth look at a six-acre field of rice planted in March to produce foundation seed.

The Louisiana Rice Insects blog also has proven to be a useful communications tool. "This blog allows me to provide timely field information to producers," said Natalie Hummel, extension entomologist, LSU associate professor and 2012 Rice Leadership Development Program class member. "Unlike social media tools such as Twitter and Facebook, the blog is open to the public which means anyone can respond and access the information."

ContactJamel Jackson, (703) 236-1444

 

CCC Rough Rice Prices Unchanged
WASHINGTON -- 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 2011 crop, which will become effective today at 7:00 a.m., Eastern Time (ET).  Prices are unchanged from the previous announcement. 

World Price
MLG/LDP Rate
Milled Value ($/cwt)
Rough ($/cwt)
Rough ($/cwt)
Long-Grain
17.52
11.28
0.00
Medium-/Short-Grain
17.31
11.68
0.00
Brokens
12.40
----
----

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
55.09/13.13
6.40
Medium-/Short-Grain
62.12/7.50
6.46

The next program announcement is scheduled for May 2.
CME Group/Closing Rough Rice Futures
CME Group (Preliminary):  Closing Rough Rice Futures for April 25

Month
Price
Net Change
May 2012
$15.745
+ $0.080
July 2012
$16.000

+ $ 0.075

September 2012
$16.195
+ $0.085
November  2012
$16.415

+ $0.090

January 2013
$16.615
+ $0.035
March 2013
$16.775
+ $0.025
May 2013
$16.930
UNCH
In the News
Chinese Delegates Visit Area Facilities
Stuttgart Daily Leader, AR -- (Rice mentioned)

New Threat Greets Rice Growers
Orland Press Register, CA

Farm Groups: Just Postpone the Farm Bill Markup
Agri-Pulse -- (USA Rice Federation mentioned)

Eating Rice Improves Overall Diet
Food Product Design

Action on Farm Bill Postponed
Politico -- (Rice mentioned)

Farm Bill Draft Hammered in South
Western Farm Press -- (Rice mentioned)

Aromatic Rice up on Trade Inquiries
Hindu Business Line, India

Business as Usual for the Government as Thai rice Loses Business
The Nation, Thailand

Growing Rice with Little Water
Bangkok Post, Thailand

Sea Level Rise Threatens Mekong Rice
Eurasia Review


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USA Rice Federation 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.
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Editor: Stacy Fitzgerald-Redd,
(703) 236-1458,
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Associate Editor: Jamel Jackson,
(703) 236-1444
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Fax (703) 236-2301

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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 the USA Rice Federation

Copyright © 2012. Please direct comments or questions to the editor or contact name listed for each story.