USA Rice Daily, Wednesday, December 2, 2009
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USA Rice Daily
Up-to-the-Minute News on Issues and Activities
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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.
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Wednesday, December 2, 2009
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| USA Rice Initiates Sampling Campaign at Japanese Cooking School |
 TOKYO -- The USA Rice Federation has developed a sampling campaign for U.S. medium-grain rice in cooperation with the popular ABC Cooking Studio. Each of the estimated 15,000 students enrolled during the course of the campaign will receive a 150 gram (5.29 oz.) package of U.S. medium-grain rice. The package comes with a recipe card for rice salad, a dish that is not yet well-known in Japan. Organizers hope the festive dish will prompt the students to make it for a party.
ABC Cooking Studio is designed for non-professional chefs who hope to expand their cooking capabilities. The campaign started yesterday and will run for several months. Its kick-off coincides with the start of the Japanese party season.
This is the latest effort by USA Rice to demonstrate the unique characteristics and versatility of U.S. medium-grain rice. USA Rice conducts similar campaigns around the world to promote U.S.-grown rice.
Contact:
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, (281) 391-5693
Photo: The sampling package that will be distributed. |
CCC Rough Rice Prices Increase
WASHINGTON -- The Department of Agriculture's Commodity Credit Corporation 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 2009 crop, which became effective today at 7 a.m. Eastern time. Rough rice prices increased $0.66 per cwt for long grain and $0.67 per cwt medium-/short-grain.
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World Price
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MLG/LDP Rate
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Milled Value ($/cwt)
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Rough ($/cwt)
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Rough ($/cwt)
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Long-Grain
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18.83
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12.32
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0.00
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Medium-/Short-Grain
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18.60
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11.43
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Brokens
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12.96
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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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57.71/11.19
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6.50
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Medium-/Short-Grain
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60.92/8.48
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6.50
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The next program announcement is scheduled for Dec. 9. |
CME Group/CBOT Rice Futures Closing
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CME Group (Preliminary): Closing Rough Rice Futures for Dec. 2
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Month
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Price
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Net Change
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Jan. 2010
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$15.41
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March 2010
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$15.69
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- $0.015
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May 2010
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$15.945
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July 2010
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Unch
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Sept. 2010
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Unch
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Nov. 2010
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$14.435
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Unch
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Jan. 2011
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$14.425
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Mission Statement
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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. |
About Us
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Editor: Stacy Fitzgerald-Redd, (703) 236-1458,
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Associate Editor: Rob Yunich, (703) 236-1444,
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Fax ( 703) 236-2301
4301 North Fairfax Dr.
Suite 425, Arlington, VA 22203-1616.
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 © 2009. Please direct comments or questions to the editor or contact name listed for each story. |
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