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USA Rice Daily, Friday, March 1, 2013
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USA Rice Daily
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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.
Friday, March 1, 2013

USA Rice Commends Sen. Mary Landrieu for Putting Louisianans First Instead of Partisan Politics, Bad Policy

WASHINGTON -- The USA Rice Federation today issued the following statement regarding Sen. Mary Landrieu's (D-LA) Feb. 28 vote against a Senate Democratic plan to replace budget sequestration with a proposal to enact unfair alternative budget savings that are unacceptable to the Louisiana rice industry:

"The USA Rice Federation commends Sen. Landrieu for voting against a Senate Democratic budget-savings plan that relied on tax increases and spending cuts by singling out America's military men and women and farmers and ranchers.  A plan involving only tax increases and cuts to defense and agriculture is neither responsible nor fair, and it is certainly not good for Louisianans.  We applaud Senator Landrieu for doing the right thing and standing up for the people of Louisiana against this inequitable approach.  Instead, Louisiana farmers have endorsed a farm bill that actually saves taxpayers more money in agriculture's budget through responsible streamlining and reforms.  No aspect of government is so efficient that it cannot be called upon to do the same thing.  If everyone does their fair share, we can get this country's fiscal house in order.  Sen. Landrieu's vote today was a vote for common sense and fairness and a vote against partisan politics and bad policy.  We thank Sen. Landrieu for standing up for our nation's farmers and ranchers, our military men and women, and the American taxpayer."

In a related development, House Agriculture Committee Chairman Frank Lucas today released the following statement after the U.S. Senate failed to pass a replacement bill for the sequester slated to take effect today.

"It is disappointing that the Senate has failed to pass a replacement for the sequester, and more importantly has failed to pass a budget in nearly four years.  But, I am pleased they rejected the Reid-Stabenow plan, which unfairly targeted agriculture.  America's farmers and ranchers deserve better than to be used as a pawn in a political game.

"The agriculture portion of their proposal called for a 50 percent cut to a single title in the farm bill that accounts for 6 percent of overall agriculture spending and less than 1 percent of overall federal spending.  Further, the Reid-Stabenow proposal called for tax increases while adding money to a laundry list of pet projects.

"Our agricultural producers remain committed to being a part of the solution to our fiscal crisis, but a plan that is made up of half tax increases and half cuts to agriculture and defense is an absurd approach to balancing a budget."

Sequestration is an across-the-board reduction in spending mandated by the Budget Control Act of 2011.  In an effort to turn off sequestration, which is estimated at $85.3 billion for fiscal year 2013, the Senate Democrats proposed raising taxes, cutting defense spending, and cutting the traditional farm safety net.  The proposed cuts to the traditional farm safety net are $31 billion, which is a 53 percent reduction.

Contact: Reece Langley, (703) 236-1471

Arkansas Rice Industry Holds Luncheon for Arkansas Legislature

Left to right:  David Gairhan, vice chairman, Arkansas Rice Producers' Group, Butch Calhoun, Arkansas secretary of agriculture and Dow Brantley, chairman, Arkansas Rice Producers' Group.
LITTLE ROCK, AR -- The Arkansas rice industry hosted a rice luncheon for the Arkansas General Assembly on Wednesday, Feb. 27.  Farm, industry and community leaders from across the state gathered to educate policy makers on the importance of rice to the Arkansas economy.   Sponsors of the luncheon were Arkansas Rice Federation (Arkansas Rice Council, Arkansas Rice Producers' Group, Arkansas rice mills and merchants), Arkansas County Bank, AgHeritage Farm Credit Services, BancorpSouth, Producers Rice Mill and Riceland Foods.

Attendees at the Arkansas Rice Legislative Luncheon.
Arkansas is the largest rice producing state in the U.S.  The Arkansas rice industry produces approximately 26,000 jobs and provides $6 billion in economic output/activity annually.

 

Contact: Chuck Wilson, (870) 673-7541

CME Group/Closing Rough Rice Futures
CME Group (Preliminary):  Closing Rough Rice Futures for March 1

Month
Price
Net Change
March 2013
$15.530
+ $0.030
May 2013
$15.775

- $0.005

July 2013
$16.065
UNCH
September 2013
$15.565

UNCH

November 2013
$15.605
+ $0.040
January 2014
$15.605
+ $0.040
March 2014
$15.605
+ $0.040
In the News

Vermilion Parish Benefits Financially from the Millions of Ducks in the Parish

Vermiliontoday.com -- (USA Rice Federation mentioned)

Lundberg Family Farms Leader Named to State Food and Ag Board

ChicoER.com

Mary Landrieu Breaks with Fellow Democrats and Opposes Party's Alternative to Sequester

The Times Picayune, LA

Texas Water Supplier Set to Cut Off Rice Farmers

KLTV, TX

Commentary: On-farm Technology Now Sits in the Palm of Your Hand

Southeast Farm Press

Japan Set to Join Trade Talks

Wall Street Journal -- (Rice farmers mentioned)

March 15 is Crop Insurance Deadline for Most Spring Crops

Southeast Farm Press

Mid-South Farm and Gin Show Opens Today

Delta Farm Press -- (Video included)

USDA to Simplify Guaranteed Farm Loans by Setting Thresholds on Interest Rates

USDA

USA Rice Daily Index of Articles, February 25-28
Thursday, February 28
USA Rice Update on Regulatory Issues Affecting U.S. Rice Producers
Clinic Teaches Nonfarmers About Growing Rice

Wednesday, February 27
Administration Investigating Export Subsidy Programs

Tuesday, February 26
Reauthorize 'Sustainable...Fiscally Responsible Reforms' House Agriculture Committee Leaders Say
USDA Announces One Year Extension of Flexibility for Grains and Proteins
John Morello Wins Two Registrations to 2013 Outlook Conference

Monday, February 25
What's Hot in 2013 Trends Survey Shows Growth Opportunity for Whole Grain Rice
In Memory:  Mr. Jack Wendt
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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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