Prospective Plantings Report is counting on you and your data
Mar 02, 2020
WASHINGTON, DC – Following the wrap-up of last week’s USA Rice Government Affairs Conference, the USA Rice World Market Price Subcommittee met here for the first of their three meetings scheduled in 2020. The Subcommittee met with representatives from the USDA National Agricultural Statistics Service (NASS), Farm Production and Conservation Mission Area, and the Foreign Agricultural Service (FAS).
Because it is the middle of the annual marketing cycle and pre-planting season, discussions revolved around 2019 crop yields, predictions for 2020 planted acreage, and 2019/2020 marketing year exports. NASS reminded participants to encourage their friends and neighbors to complete the upcoming set of surveys to better inform the 2020 NASS Prospective Plantings Report. FAS staff shared that the World Market Price increase since the Subcommittee’s October 2019 meeting can be attributed to increased prices by large exporters, including Thailand and Vietnam.
The Subcommittee is next scheduled to meet in May.