The 2024/25 U.S. corn outlook indicates larger supplies, greater domestic use and exports, and slightly lower ending stocks. Beginning stocks for corn were lowered 145 million bushels largely upon greater use forecasted for 2023/24. Exports were raised by 75 million bushels based on current outstanding sales and shipments to date. Feed and residual use is up 75 million bushels based on indicated disappearance in the Grain Stocks report for June.
Read MoreIt is amazing that no matter how much you know about rice or whom you know in our industry there is always something new to learn and someone new to meet. This was definitely the case during Session II of the Rice Leadership Development Program as we traveled throughout Missouri, Mississippi, and Arkansas, all states with which I am very familiar as my territory with Horizon Ag covers northeast Arkansas and Missouri, and I was raised on a rice farm in the Mississippi Delta.
Read MoreThe Rice Leadership Development Program gives future leaders a comprehensive understanding of the rice industry, with an emphasis on personal development and communication skills. The class attends four one-week sessions over a two-year period that encompasses studies of all aspects of the rice industry through firsthand observations. They also attend seminars and workshops designed to strengthen leadership skills.
Read MoreOn Sunday, fourth-generation rice farmer Richard Fontenot of Ville Platte was elected the 13th president of the Louisiana Farm Bureau.
Fontenot, who in addition to rice farms soybeans and crawfish, succeeds Jim Harper of Cheneyville, in leading the more than 100-year-old organization.
Read MoreLouisiana rough rice stocks in all positions on June 1, 2024, totaled 4.14 million hundredweight (cwt), up 25 percent from June 1, 2023. Stocks held on farms totaled 310,000 cwt, up 29 percent from last year. Off farm stocks totaled 3.83 million cwt, up 25 percent from last year.
Read MoreThe USDA recently released its annual Acreage Report which provides markets a more accurate idea of spring planting progress and what potential supply implications may be in store for the 2024 crop year. On the demand side, USDA also released its Quarterly Grain Stocks report which shows usage rates between March 1, 2024 and June 1, 2024. These changes in supply levels will impact 2023/24 ending stocks and 2024/25 beginning stock levels which will subsequently be reflected in the July World Agricultural Supply and Demand Estimates report.
Read MoreOn Friday June 28th the USDA released its annual Acreage report. The report estimates planted acreage of principal crops based on producer surveys conducted in the first two weeks of June. Nationally, principal acres planted were estimated at 315.177 million acres, up 1.866 million acres compared to the March Prospective Plantings report and 4.424 million acres lower than last year (Table 1). Southern states accounted for 22.8% of principal crop acreage.
Southern states account for 75% of rice production nationally, with Arkansas the largest producer. Rice acres planted were unchanged in Texas and Mississippi, declined 30,000 acres in Arkansas and increased 30,000 acres in Louisiana.
Read MoreFor the 115th year, farmers gathered June 25 for the LSU AgCenter’s annual rice field day, where they heard updates on researchers’ efforts to breed higher-yielding varieties, develop pest management strategies and encourage beneficial agronomic practices.
Read MoreNutrien, a leading crop inputs and services provider, recently committed $1 million over four years to support sustainable agriculture practices for rice growers in Arkansas, Louisiana, Mississippi, Missouri, Texas and California. Through the USA Rice and Ducks Unlimited decade-long Rice Stewardship Program, we have built a field team of partners who have worked on more than 1,000 rice farms spanning nearly one million acres, improving agricultural and environmental performances.
Read MoreMAUI, HI – The USA Rice Millers’ Association (RMA), one of the oldest agribusiness organizations in the U.S., gathered here last week for their 124th convention for strategic planning, a Board of Directors meeting, networking events, and enlightening and provocative presentations on important topics.
As in recent years, shortcomings with Class 1 railroad service and needed ocean shipping reform was a burning topic; as was export competitiveness, hampered by bad actors and trade cheats such as India and others. U.S. grain quality and supporting research dominated many conversations, and of course, the status of the 2024 Farm Bill and food safety and labeling regulations also factored heavily in meetings.
Read MoreWhen it comes to rice stinkbug, Midsouth rice farmers have few insecticide options and experience widespread failures with pyrethroid products like Lambda-Cy. Through university trials in Arkansas, research confirmed the quality and economic net return of all the available products, with two standing out above the rest.
Read MoreThe 2024/25 U.S. corn outlook is unchanged relative to last month. The season average price received by producers remains at $4.40 per bushel. USDA will release its Acreage report on June 28, which will provide survey-based indications of planted and harvested area.
The 2024/25 outlook for U.S. soybeans includes higher beginning and ending stocks. Higher beginning stocks reflect reduced crush for 2023/24, down 10 million bushels on lower soybean meal domestic use that is partly offset by higher exports.
Read MoreNominate an outstanding consultant for the Rice Consultant of the Year Award. It is helpful to include background information about the consultant and support letters from people who know him or her.
Read MoreCajun Country Rice and Rouses Supermarkets are joining together for Louisiana rice lovers.
Cajun Country Rice is made right here in Crowley by the Falcon family. Falcon Rice Mill proudly maintains their status as the only rice mill owned and operated by the original family. They started it decades ago, and one of the only mills that continues to support local agriculture by keeping Louisiana rice farmers at the heart of their operation.
Read MoreMore than 250 people from more than 25 countries across six continents attended the 2024 International Temperate Rice Conference (ITRC) held here last week. USA Rice and the Louisiana State University AgCenter co-hosted the four-day event, and USA Rice President & CEO Peter Bachmann was on hand to welcome attendees.
“Research within the industry over the last half of a century has led to monumental breakthroughs and growth in yields and production efficiency, and when you combine this impressive group of professionals from all corners of the globe with modern technology and turn them loose, our opportunities for advancement of the world’s rice industry are limitless,” said Bachmann.
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