The U.S. Department of Agriculture’s Commodity Credit Corporation (CCC) today announced the 2021 Marketing Assistance Loan rates.
Marketing Assistance Loans provide interim financing to producers so that commodities can be stored after harvest when market prices are typically low and sold later when market conditions may be more favorable. The 2018 Farm Bill extended the Marketing Assistance Loan program, making production for the 2019 through 2023 crops eligible for loan benefits.
Read MoreEarlier this month, the United Nations-sponsored Food and Agriculture Organization (FAO) published its monthly FAO Rice Price Update, drawing attention to the continuity of elevated global pricing. As with other commodities, products, and services, global rice prices have been no exception. The report cites increased prices throughout 2020 and the start of 2021 across the board for major rice producing countries.
Read MoreThere's a newcomer in the movement to kick plastic to the curb during Mardi Gras season.
While some have looked to paper or even algae as biodegradable alternatives, Jerome Milton's Houston-based company, NexEvo, has turned to starch as the base for his colorful Carnival beads.
Read MoreAll graders working at grain elevators in Louisiana will be tested and certified for the 2021 harvest season following an announcement from the Louisiana Department of Agriculture and Forestry (LDAF).
Those graders will be trained, tested and certified by LDAF to uphold the standards set through the U.S. Grain Standards Act. The goal is to provide consistent and professional grain inspection and weighing services for producers, handlers processors, exporters, importers and end-users.
Read MoreCongratulations to Dr. Michael “Mo” Way on his retirement last month from the Texas A&M AgriLife Beaumont Research and Extension Center after a stellar career spanning 39 years. While his official title was “research entomologist,” Way wore many more hats serving the Texas, U.S., and international rice industries. He received his Ph.D. under Dr. Al Grigarick at the University of California, Davis, prior to joining the faculty at the Beaumont Center
Read MoreThe supply and demand outlook is unchanged for 2020/21 U.S. rice this month. The projected 2020/21 all rice season-average farm price is raised $0.20 per cwt to $13.60 with increases in the NASS prices reported to date and price expectations for the remainder of the marketing year.
Read MoreMarch 15 is the deadline to enroll in the Price Loss Coverage (PLC) or Agriculture Risk Coverage (ARC) programs for 2021. Program enrollment, which farmers can do on a commodity-by-commodity basis, is required to participate in the programs this year. ARC and PLC are Title I commodity safety net programs established in the 2018 farm bill. For the 2021/22 crop year, farmers can change their coverage options from what they selected in 2019 for each of the commodities and base acres enrolled.
Read MoreCongressman Clay Higgins (R-LA) and Congressman Rick Crawford (R-AR) led a bipartisan letter to U.S. Ambassador to Iraq Matthew Tueller, urging him to work with Iraq’s Minister of Trade to announce and execute a U.S.-specific rice tender under the terms of the U.S.-Iraq Memorandum of Understanding (MOU). Since the first MOU was signed in 2016, the U.S. has shipped 390,000 tons of American rice to Iraq.
Read MoreWater is arguably one of the most important inputs to rice farmers, and water use is both a hot button environmental issue and a cost issue. Episode 17 of The Rice Stuff podcast explores the importance of water use efficiency and some of the many tools available to farmers.
Read MoreU.S. rice imports here have been growing for many years. The 2012 U.S.-Colombia Trade Promotion Agreement (TPA) ushered in a tariff rate quota (TRQ) of duty-free U.S. rice which positioned Colombia as a top ten export market. Access to the U.S. TRQ has historically been provided through three annual auctions that award import certificates.
U.S. rice exports to Colombia in 2020 increased by 12 percent over 2019 levels, due in large part to a surge in consumer purchase as Colombia announced strict pandemic restrictions
Read MoreThe Louisiana Agriculture Hall of Distinction inducted three new members during a ceremony March 4 at the L’Auberge Hotel in Baton Rouge.
The new inductees are former Louisiana Farm Bureau Federation President Ronnie Anderson, of Ethel; sugarcane farmer John Gay, of Plaquemine; and Paul “Jackie” Loewer, of Branch, a rice farmer who has been a strong advocate for the rice industry in state and national organizations.
Read MoreThe U.S. Department of Agriculture (USDA) is extending the deadline from March 5 to April 9 for agricultural producers to apply for the Quality Loss Adjustment (QLA) Program because of recent winter storms and some clarifications to program rules. This program assists producers who suffered crop quality losses due to qualifying 2018 and 2019 natural disasters.
Read MoreMore acres were planted in Louisiana last year than in 2019 which resulted in more production year over year.
Read MoreDr. Blake Wilson, LSU AgCenter Rice Entomologist, is asking rice producers to complete a short survey regarding pest management.
Read MoreMore than 80 USA Rice members from all industry segments participated virtually in the annual USA Rice Government Affairs Conference (GAC) last week to advocate for rice industry priorities.
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