Who We Are
Become a Member
2016 Rice Millers' Association Convention
Hotel General Information
Guest and Special Events
Schedule at a Glance
The Rice Foundation
Leadership Program Information
Leadership Development Program Application
Leadership Development International Application
Leadership Development Recommendation Form
News & Resources
USA Rice Daily
Arsenic in Food
Conservation & Sustainability
USA Rice PAC
How to Export U.S. Rice
How to Import U.S. Rice
All About Rice
Stewards of Sustainability
U.S. rice farmers provide critical wetland habitat for many wildlife species.
Nominations for 2016 Rice Awards are Open!
Nominate an outstanding rice leader for this year's Rice Awards. Deadline to apply: June 15
Cuba Market Update
Read Chairman Dow Brantley's op-ed for The Hill about the importance of opening trade in Cuba.
2016 Field Days
Upcoming Rice Field Days: Mark your calendar and plan to attend the event in your area!
USA Rice Shop
USA Rice Daily
In-Depth Analysis of TPP Shows Rice Right to Abstain for Now
Hold the phone
WASHINGTON, DC – The U.S. International Trade Committee (USITC), an independent, quasi-judicial Federal agency with broad investigative responsibilities on trade matters has released a long-awaited analysis of the mammoth Trans Pacific Partnership (TPP) deal, and the findings aren’t making the strong case for the deal that the Obama Administration likely had hoped for.
The almost 800-page report estimates a modest gain for the U.S. economy with consumer purchasing power up 0.23 percent over the next 16 years with the deal as compared to not having the deal in place. Some agriculture sectors do well with pork, beef, poultry, and dairy making net gains in exports over imports, but the same cannot be said for rice according to the USITC.
Rice remains the only agriculture sector that has not publicly taken a position on the pending trade deal between 12 nations, saying they believe the deal to be deficient for rice, but that they will hear the U.S. negotiating team out. That non-position appears to be validated by the USITC report.
“U.S. rice production is expected to be marginally lower under TPP than without in response to lower exports,” the report says. “Exports would decline because the U.S. rice industry may find that gains in access to the Japanese market are more than offset by lost sales…in Mexico, where the United States would lose its current tariff advantage over Vietnam.”
“As we’ve said from the outset, we don’t believe the modest gains presented in the deal offset the potential losses that will result from the deal,” said USA Rice President & CEO Betsy Ward. “However, we’re not giving up on turning this into a win for U.S. rice farmers and we’re seeking some clarity and assurances around some of the issues, specifically with regard to access to Japan, solidifying our number one market of Mexico, and seeking meaningful compliance by our trading partners with existing agreements.”
USITC previously studied rice and global competitiveness at the request of the House Ways and Means Committee and found that rice is the commodity with the most government interference around the world.
“We hear all the time that rice is a sensitive commodity around the world,” Ward said. “Well guess what? We feel the same way.”
Tweets by @usaricenews
2101 Wilson Boulevard,
Arlington, VA 22201
Phone: (703) 236-2300
Fax: (703) 236-2301
©2016 USA Rice Federation. All rights reserved.