Delta Farm Press

Delta Farm Press: "The 2010 Rice Leadership Development class, announced during the USA Rice Outlook Conference, is comprised of five rice producers and two industry-related professionals selected by a committee of agribusiness leaders. Candidates must be 25 to 45 years old at the time of application and derive their primary livelihood from some aspect of the rice industry.
The new rice-producer class members are Alex Clark, Poplar Bluff, Mo.; Matthew Fielke, Stuttgart, Ark.; Shannon Harrington, Iowa, La.; Nicole Van Vleck, Sacramento, Calif.; and Jim Whitaker, McGehee, Ark.
The new industry-related class members are Andy Morris, Murfreesboro, Tenn., and Dan Squires, Yuba City, Calif."

Delta Farm Press

Delta Farm Press: "Increases in acreage and production this season have significantly bumped supplies of U.S. medium-grain rice and is weighing on prices of the class of rice, despite good export numbers, according to Nathan Childs, senior rice market analyst, Economic Research Service, USDA."

Rice Trade Outlook 2010

Rice Trade Outlook 2010 will look at the future challenges of the major exporting nations in Asia and the Americas and assess the impact on key European importing countries.
Industry professionals from the production, trading, retail, shipping and finance sectors of the rice industry will address key industry issues including;
The outlook for global rice production and changing consumption trends
New policies on tariffs and trade barriers and the likely impact of further agricultural liberalisation in the rice market
The future for GM rice in Europe
Authenticity, quality and safety of rice supplied to Europe
Critical challenges in rice shipping and overcoming rising freight prices
New opportunities for emerging markets: Latin America, Cambodia, Myanmar, Africa

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Rice Trade 2010

Rice prices have nowhere to go but up as drought in India and cyclones in the Philippines cripple harvests, according to the world’s biggest importer and the top exporter


Rice may double to more than $1,000 a tonne as dry El Nino weather shrinks output and the Philippines and India boost imports

Global rice supplies are likely to be tighter than last year

The market can even touch $2,000 a tonne in the middle of 2010

Rice purchase prices

"THE PHILIPPINES, the world’s largest rice importer, will likely buy less than the 600,000 tons of rice sought in last Tuesday’s tender given substantially higher prices offered.
Bids for the tender -- the first of three of the same volume this month -- ranged from $598 to $697 per ton, cost and freight, all above the $543 per ton budget set by the National Food Authority (NFA) and over a quarter up from offers during a November 4 tender.

'It’s a sellers’ market. The market thinks it was an act of desperation for the Philippines to schedule back-to-back tenders, that’s why you see prices rising,' a grains trader said."