Print this page

Commodity Communicator Weekly

June 7, 2013


U.S. RICE MILL SHIPMENTS REPORTED
U.S. Rice mills shipped nearly 11 billion pounds of rice to domestic and international markets from August 2011 to July 2012 according to the annual USA Rice Federation U.S. Rice Domestic Usage Report, which tracks shipments and consumption of U.S. milled rice.
Additional highlights from the report include:
•    Fifty-nine percent of total shipments went to the domestic market and forty-one percent were exported.
•    Of rice shipments to U.S. segments, 59 percent went to direct food use and 41 percent went to food processors. Thirty percent of direct food use went to retail grocery, 27 percent went to ethnic distributors, 19 percent for foodservice, and 16 percent to repackers.
•    Eighty-two percent of all rice consumed in the U.S. is domestically grown, and 18 percent is imported.
A full copy of the report can be obtained at usarice.com/reports.


FARM BILL HEADED FOR VOTE ON SENATE FLOOR
Shortly after the cloture vote on the Farm Bill, Senate Majority Leader Harry Reid (D-Nev) announced that the Senate will not take up the Farm Bill again until next Monday, June 10 at 5:00 p.m. At that time, a vote will be held on amendment number 928 by Senator Pat Leahy (D-Ver.) that established a pilot program for internet projects in rural areas. Farm Bureau supports the amendment.

At 5:30 p.m. on Monday, the Senate will vote on final passage of S. 954. It is unclear at this time whether some amendments will be included in a manager’s package, but it appears no other votes will be taken on the bill.


ETHANOL PRODUCTION PUSHES TO HIGHEST LEVEL OF THE YEAR

Ethanol production in the week ended May 31 hit 885,000 barrels per day (b/d), up 22,000 b/d from the previous week and the highest level since June 15, 2012.  The four week average production pace now suggests annual production of 13.34 billion gallons. 


RFS HEARINGS: NOTHING SETTLED

EPA told a House hearing last week that meeting mandated ethanol use in 2014 is going to be dicey as the industry hits the E10 blend wall and RIN supplies tighten.  EPA plans to announce final 2013 and proposed 2014 ethanol-use levels by late summer.


JAPAN AND SOUTH KOREA BAN U.S. WHEAT IMPORTS

Japan and South Korea have suspended certain imports of U.S. wheat following the government’s confirmed findings of a strain of genetically engineered wheat unapproved for sale on an Oregon farm. The European Union is also urging its 27 nations to increase testing.
South Korea said purchases would be suspended until tests were performed on arriving shipments, which are expected to be conducted by the Ministry of Food and Drug Safety this week. The EU will not sell shipments that test positive due to their zero tolerance policy toward genetically modified crops. The Monsanto-developed strain of wheat was authorized to field test in 16 states from 1998 to 2005. New York Times article


VET FEES FOR BRUCELLOSIS VACCINATION TO END JULY 1

On Thursday, June 6, the Livestock and Poultry Commission voted to end the $2.50 per head fee paid to veterinarians for vaccinating calves for brucellosis.  This action was taken as a cost saving feature for the overall program.  Funds for paying this fee are generated by the $1.00 per head fee paid by producers on all cattle sold in the state.  These funds have been shrinking as of late due to few cattle being marketed.  Ending the fee paid to veterinarians is scheduled to take effect July 1, 2013.

Veterinarians will still have access to the vaccine and can still perform vaccinations; but will no longer receive compensation from the Commission.  On-farm vaccinations will also still be performed by Livestock and Poultry Commission personnel.


COMMISSION DELAYS ACTION ON FERAL HOGS
. . . . The Livestock and Poultry Commission has drafted regulations dealing with feral hogs and regulating the permitted feral hog hunting operations allowed in recently passed state legislation.  In their meeting on Thursday, the Commission delayed consideration of any proposed regulations until their August meeting.


JUNE SUPPLY/DEMAND REPORT WEBINAR
. . . . .Wednesday, June 12 at 12:30 p.m
The USDA will release its new U.S. and Global Agriculture Situation and Outlook tomorrow.  Join Matt King, Farm Bureau  Economist and Scott Stiles, UAEX Economist will break down the report and give insight into how the report will affect the markets.  

You have Three Ways to Participate:

SmartPhone or Tablet
Download Webex App from ITunes/Play Store
Open App
Enter Meeting Number: 578 628 665
    
Join from Computer

www.tinyurl.com/arfbwebex
Enter name and email
Click Join
Say “yes” or “ok” to all pop ups
Click Use “computer audio” for sound

Conference Call

Call: 408-792-6300
Enter Meeting Number: 578 628 665
Attendee ID: #


CONSERVATION STEWARDSHIP PROGRAM
The Natural Resources Conservation Service’s Conservation Stewardship Program will provide about $175 million in funding for up to 12.6 million additional acres enrollment this year.
Although applications are accepted all year, farmers, ranchers and forestland owners interested in CSP should submit applications by June 14 to their local NRCS office to ensure they are considered for this year’s funding. The deadline was extended from May 31.  Full Article


USDA NRCS ANNOUNCES FUNDING FOR EDGE OF FIELD WATER QUALITY MONITORING IN SELECT WATERSHED PROJECT AREAS
Farmers and landowners in Arkansas have until June 14, 2013, to submit applications to receive financial assistance for a new project to monitor edge of field water quality on agricultural lands in targeted watersheds throughout the state. Applicants can sign up at their local U.S. Department of Agriculture Natural Resources Conservation Service field service center. Full Article


ARKANSAS WATER PLAN MEETINGS
Arkansas Natural Resources Commission have seven public meetings on existing and future water use and needs forecasting during June of 2013. The schedule for the public meetings on the Arkansas Water Plan is as follows:

  • June 11, Fayetteville: Pauline Whitaker Animal Science Center, 3 p.m. & 5:30 p.m.
  • June 12, Clinton: Annex Court House Room, 3 p.m. & 5:30 p.m.
  • June 13, Searcy: Carmichael Community Center, 1 p.m.
  • June 17, Jonesboro: Arkansas State University Convocation Center, 6:30 p.m.
  • June 18, Forrest City: East Arkansas Community College Fine Arts Center Banquet Hall, 6:30 p.m.
  • June 19, Heber Springs: Community Center, 5:30 p.m.
  • June 20, Smackover: Arkansas Museum of Natural Resources, 6:30 p.m.

SAVE ON CARPET
 Farm Bureau members can save up to 40% on carpet and up to 20% off hard surfaces if you purchase through ProSource Wholesale Floorcoverings.  To receive a discount, call Bill Ross at 1-866-758-0801 ext. 203.

« go back to Listings