USA Rice Daily - 7/3/2012 Print E-mail
USA Rice Daily, Tuesday, July 3, 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.
Tuesday, July 3, 2012

Louisiana Farm Bureau Members Receive Rice Industry Updates

Langley addresses the Farm Bureau Rice Advisory Committee.
NEW ORLEANS -- The Rice Advisory Committee of the Louisiana Farm Bureau Federation (LAFBF) met in conjunction with the 90th annual LAFBF convention on Saturday.  Growers from across the state received information on proposed farm policy, the market outlook and the uncertainty of the federal budget.

USA Rice Federation VP for government affairs Reece Langley reviewed the recently passed Agriculture Reform, Food and Jobs Act, the Senate version of the 2012 Farm Bill.  Langley summarized aspects of the Senate legislation that would impact rice growers and outlined USA Rice's efforts with the House Agriculture Committee to develop farm policy that provides producers with policy options tailored to their risk management needs.

Dr. Mike Salassi, Louisiana State University AgCenter economist, presented an economic analysis of the Senate Farm Bill and a market outlook for rice.

ContactRandy Jemison, (337) 738-7009


CME Group/Closing Rough Rice Futures
CME Group (Preliminary):  Closing Rough Rice Futures for July 3

Month
Price
Net Change
July 2012
$14.715
+ $0.325
September 2012
$15.005

+ $0.325

November 2012
$15.270
+ $0.330
January  2013
$15.545

+ $0.335

March 2013
$15.790
+ $0.335
May 2013
$15.980
+ $0.335
July 2013
$16.175
+ $0.335
In the News
Pet Food Offers Growth for US Rice Industry
Western Farm Press -- (USA Rice Federation mentioned)

Recipe Contest Set for July 11
Stuttgart Daily Leader, AR -- (Rice mentioned)

California Rice Crop Setting Examples for Other States

ABC-30-TV, CA

 

Governor Gindal Announces Appointment of Richard to the Louisiana Rice Promotion Board BAT
Gonzales Weekly Citizen, LA

Rice, Soybean Field Tour Set for July 10
EuniceToday.com, LA

Farm Bill Clears Senate Hurdle-Now on Its Way to the House
Prairie Star, MT -- (Rice not mentioned)

Blast Hits Louisiana Rice
Delta Farm Press

Cotton and Rice Acreage Falls, Corn Nears Record
Western Farm Press

Staple Diet Rice on Your Plate, Soon to Be a Luxury
Deccan Herald, Bangalore

Aromatic Rice Exports Resume
Daily Star Online, India

End of Traditional Varieties? Scientists Exploring Designer Rice
Times of India, India

Indonesia Sees 2012 Rice Output up Four Percent
Business Recorder, Pakistan -- (blog)

Duck-Farming Technology Proven to Boost Rice Production
Business Mirror, Philippines


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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,
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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

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