Category Archives: U.S. Rice News

US challenges $100 billion in China rice, cereal subsidies

US President Barack Obama launched legal action against “unfair” Chinese rice, wheat and corn subsidies at the World Trade Organisation on Tuesday, setting up a culturally sensitive multi-billion-dollar trade spat. The United States alleges that China doled out $100 billion in “market price support” for the grains, above levels agreed at the Geneva-based WTO. “When… Read More »

California Rice Harvest Expected To Be Near Normal

California farmers are growing about 545,000 acres of rice this year, about 100,000 acres more than each of the last two years. Jim Morris with the California Rice Commission says this year is an average planting, but it’s welcome news to rice farmers who have had to idle fields during the drought. “Rice was one… Read More »

Exports to China, UAE decline

Pakistan’s exports to China and United Arab Emirates (UAE) have declined by 13.71 percent and 24.5 percent in the financial year-2015-16, respectively. According to sources, China has abandoned its policy to store raw cotton and yarn that comprises major portion of Pakistan export basket. China’s policy shift has also affected international price of yarn. Pakistan’s… Read More »

Prevailing World Prices and Loan Deficiency Payment Rates for Rice

The Department of Agriculture’s Commodity Credit Corporation today announced the following prevailing world market prices of milled and rough rice, adjusted for U.S. milling yields and location, and the resulting marketing loan gain (MLG) and loan deficiency payment (LDP) rates applicable to the 2015 crop, which will become effective today at 7:00 a.m., Eastern Time… Read More »