WASHINGTON, Feb. 2, 2015 - The Feb. 10 World Agricultural Supply and Demand Estimates (WASDE) report, which will be released at 12 noon ET, will include two new rice prices in the "Medium & Short-grain" rice section of the table on page 14. USDA is forecasting these two new additional rice prices that are part of the program parameters introduced in the 2014 Farm Bill for the Agricultural Risk Coverage (ARC) and Price Loss Coverage (PLC) programs.
The two new prices will be located directly under the "Average Farm Price" line and will include :
- California
- Other States
Two lines have been added at the bottom of the rice table under the sub-heading "Medium & Short-Grain Rice." The two new prices are a sub-category of the combined medium- and short-grain average farm price. No other lines were added or deleted from the table.
The first publicly available information for the 2013/14 "California" and "Other States" prices became available in the January issue of USDA's National Agricultural Statistics Service's Agricultural Prices report that was released on January 30, 2015.
An example of the change is found on this sample WASDE page (PDF, 46KB).
Background on USDA's WASDE report and past issues are available at: www.usda.gov/oce/commodity/
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