U.S.
Rice Deliveries to Mexico Surge in 2017 - Both Paddy and Milled Rice Show
Significant Gains
MEXICO
CITY, MEXICO -- According to official Mexican government data, total U.S.
rice deliveries (non-converted) to Mexico were up a staggering 31.4 percent
in the first two-months of 2017 compared with the same period the previous
year. That's 148,016 MT, and of significant note, milled rice exports
nearly tripled - to 22,478 metric tons, nearly half of total milled exports
in all of 2016.
Paddy arrivals were up 25 percent as local milling demand increased, not only for local consumption but also due to additional Mexican milled rice export sales to Venezuela. U.S. milled rice shipments were up 183 percent and market share up to 63.3 percent, compared with a market share of just 22.4 percent in the same period in 2016. Total Mexican rice imports were up 17.1 percent in this period, and the U.S. total market share for all types of rice reached 93.1 percent, the best since 2013. "Two months do not a trend make, but it's very good news," said USA Rice Vice President International Hugh Maginnis. "USA Rice continues our aggressive promotion programs in this key market and the U.S. rice industry is very grateful for Mexico's continued loyalty as our number one export customer. Mexico is a valued trading partner, and we are heartened that our southern neighbors continue to place their trust in the quality and reliability that U.S. rice exporters provide." |
|
Latest
Issue of Whole Grain Highlights Industry Record on Sustainability
ARLINGTON,
VA -- Check your mailbox for the Whole Grain, USA Rice's
newspaper, as the latest issue is off the presses and on its way to readers
throughout the six rice producing states and Washington, DC.
"I'm thrilled this issue of the Whole Grain is dedicated to the conservation record of the U.S. rice industry and our overall sustainability," says Jennifer James, an Arkansas rice farmer and chair of the USA Rice Sustainability Committee, who is interviewed for this issue's cover story. "We have plenty to be proud of, and on these pages you'll read a lot about where we've been and where we're going." There are stories on two Regional Conservation Partnership Program projects that received $15 million funding, an overview of the conservation programs up for discussion in the next Farm Bill, a report on end-users and their footprint within the U.S. food supply, and the complete transcript of former NRCS Chief Jason Wellers' farewell speech to the industry at the recent USA Rice Outlook Conference. It's not all about sustainability as there's also a report from the Rice Leadership International Class trip to Great Britain and Spain, all the news from this year's Government Affairs Conference, a financial update from USA Rice CFO Linda Sieh, and more. If you do not receive the Whole Grain in your mailbox, or you'd like additional copies to distribute to friends, neighbors, and colleagues, or you would like to advertise in future issues, contact Deborah Willenborg. |
USA ID
News
/ National
Zanu-PF revives rigging machinery
by
Staff reporter
24 Mar 2017 at 09:27hrs | Views
ZANU-PF has embarked on a massive campaign - involving coercion, intimidation and vote buying - to influence the results of the 2018 general elections under the guise of a nationwide membership verification exercise.
The carrot-and-stick approach has seen Zanu-PF teams embarking on door-to-door campaigns in the party's strongholds in rural and farming areas, recording the identification particulars and other biometric details of adults in the areas.
The teams are taking passport size pictures as well as the fingerprints of party supporters and those coerced into joining the party.
"After registering, the members are given an electronic card as a membership card which can be scanned to reflect the complete bio-data of the owner. The teams are also working with village heads to form structures from cell level," an official said.
Zanu-PF political commissar Saviour Kasukuwere confirmed Zanu-PF was on a recruitment drive, which also involves the capturing of biographical data. He, however, denied Zanu-PF teams were intimidating people.
"We rolled out our membership drive in 2014 and we are doing digital data capturing. No one is intimidating people as you are saying. As Zanu-PF we want our members to have identification cards and we have put in place mechanisms which help them get those IDs," he said.
The teams are also flushing out those without identification particulars, issuing them ultimatums to get the ID particulars to enable them to register for voting.
In some instances, Zanu-PF officials are assisting villagers to get the identification documents which will enable them to register.
"In farming areas, the teams are reminding people who were allocated land during the land reform programme that Zanu-PF did them a favour. They are also telling land owners that they have a responsibility to ensure that everyone on their farms, be it relatives or workers, should vote for Zanu-PF," an official said.
"Those found on farms without identification particulars are being given ultimatums to get particulars or risk being kicked out of farming areas. This has happened in several areas such as Chegutu, Selous and Beatrice among other areas."
A party official told the Zimbabwe Independent that through this exercise Zanu-PF was hoping to register at least three million voters which "will guarantee a landslide victory" in next year's polls.
The official said the party was alive to the likelihood of facing a united opposition, hence the need for a massive recruitment and intimidation drive among other dirty tactics.
"If Zanu-PF can pool three million members in its database then the election is already won. This is what will happen. It does not matter whether there is an opposition coalition or not," an official said.
In the 2013 elections, Zimbabwe had 6,5 million registered voters, but only about 50% of them voted.
In that poll, only 3 480 047 registered voters cast their ballots. President Robert Mugabe polled 2 110 434 (61,09%) while the opposition MDC-T's Morgan Tsvangirai had 1 172 349 votes (34,94%).
Zanu-PF officials also revealed the party was planning to use its influence to reduce the number of parliamentary seats in urban areas and other opposition strongholds to limit the number of opposition legislators.
"The mapping process is being done and it is possible that some urban constituencies will be joined with rural ones to dilute the urban votes.
"A good example is the Mazowe South constituency, which may include peri-urban suburbs such as Mount Pleasant Heights, part of Marlborough and the Defence College area," an official said.
As part of its campaign strategy, Zanu-PF has also resorted to vote-buying by distributing maize and rice countrywide. The party is sourcing the rice from China as food aid. However, the food is only being given to Zanu-PF party members and not the opposition.
Public Service and Social Welfare minister Prisca Mupfumira is allocating rice to provincial affairs ministers who then parcel it out to Zanu-PF legislators in their provinces to distribute, shutting out the opposition.
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Mexico sets zero tariff for rice imports
Mexico recently
introduced a zero tariff for 150,000 tonnes of imported long-grain white rice
from March 2 to Dec 31 this year, as its government seeks to lower the
country's food costs and meet higher demand.
Published: 24 March 2017 07:08 PM
Mexico has also granted the zero
tariff for long-grain white rice to Thailand,Argentina, India, Italy, Uruguay,
Vietnam and the US. The country's import tarifffor rice is normally set at 20%.
Under the combined 150,000 tonnes
this year, the Mexican
Talks held to boost rice exports
Submitted by Eleven on
Thu, 03/23/2017 - 14:05
Writer:
Nilar
A rice broker house is seen in Bayintnaung wholesales center in
Yangon. (Photo-Kyi Naing)
A seven-member delegation led by
private sector specialist Jose Ricardo Silva of the International Finance
Corporation (IFC) and other rice traders met a Burmese team led by Ye Min Aung
and Nay Lin Zin, the joint MRF general secretaries, at the MRF offices.
Between last April and March 20, nearly 1.5 million tonnes of rice were exported.
The MRF is cooperating with the World Bank and the IFC on marketing and promotion. They will coordinate over the holding of the first-ever TRT Rice Conference on April 28.
Toe Aung Myint, a permanent secretary of the Ministry of Commerce, said: “In the past, about 80 per cent of rice exports relied on border trade routes. Now about 40 per cent is exported by sea.
“Before 2003, the government monopolised rice exports. The country exported about 1 million tonnes of rice in 1995 which did not change until 2002,” he added.
In 2011, the government allowed entrepreneurs to export rice through the borders. At the time, rice exports by sea amounted to about 80 per cent of the total while the border trade routes accounted for 16 per cent. In 2015-16, rice exports by sea routes were about 21 per cent with the rest going by land
Between last April and March 20, nearly 1.5 million tonnes of rice were exported.
The MRF is cooperating with the World Bank and the IFC on marketing and promotion. They will coordinate over the holding of the first-ever TRT Rice Conference on April 28.
Toe Aung Myint, a permanent secretary of the Ministry of Commerce, said: “In the past, about 80 per cent of rice exports relied on border trade routes. Now about 40 per cent is exported by sea.
“Before 2003, the government monopolised rice exports. The country exported about 1 million tonnes of rice in 1995 which did not change until 2002,” he added.
In 2011, the government allowed entrepreneurs to export rice through the borders. At the time, rice exports by sea amounted to about 80 per cent of the total while the border trade routes accounted for 16 per cent. In 2015-16, rice exports by sea routes were about 21 per cent with the rest going by land
http://www.elevenmyanmar.com/business/8432 RiceBran Technologies' (RIBT) CEO Robert Smith on Q4 2016
Results - Earnings Call Transcript
Mar.23.17 | About: RiceBran Technologies (RIBT)
Q4:
03-23-17 Earnings Summary
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10-K
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News
RiceBran
Technologies (NASDAQ:RIBT)
Q4
2016 Earnings Conference Call
March
23, 2017 4:30 P.M. ET
Executives
Fred
Sommer - Investor Relations, Ascendant Partners
Robert
Smith - Chief Executive Officer & President
Brent
Rystrom - Chief Financial Officer
Michael
Goose - President of Ingredient Sales & Marketing
Analysts
Bruce
Galloway - Granite Lake Capital
Operator
Good
day, ladies and gentlemen and thank you for standing by. Welcome to the
RiceBran Technologies’ 2016 Full Year Financial Results Conference Call.
[Operator Instructions] As a reminder, this conference is being recorded. I
would now like to introduce our host, Mr. Fred Sommer of Ascendant Partners.
Please go ahead, Mr. Sommer.
Fred
Sommer
Thank
you, operator. Good afternoon listeners. Welcome to the RiceBran Technologies’
full year 2016 financial results conference call. With us today are Dr. Robert
Smith, Chief Executive Officer and President of RiceBran Technologies; Brent
Rystrom, Chief Financial Officer; and Michael Goose, President of Ingredient
Sales & Marketing.
Before
I turn the call over to Robert, I want to remind listeners that during the call
management’s prepared remarks may contain forward-looking statements that are
subject to risk and uncertainties. Management may make additional
forward-looking statements in your response to your question today.
Therefore,
the company claims protection under the safe harbor for forward-looking
statements contained in the Private Securities Litigation Reform Act of 1995.
Actual results may differ from the results discussed today and therefore we
refer you to a more detailed discussion of these risks and uncertainties in the
company’s filings with the SEC.
In
addition, any projections as to the company’s future performance represented by
management include estimates as of today, March 23, 2017, and the company
assumes no obligation to update these projections in the future as market
conditions change. This webcast and certain financial information provided in
this call, including reconciliations of non-GAAP financial measures as
comparable to GAAP financial measures are available at www.ricebrantech.com on
the Investor Relations page.
At
this time, I would like to turn the call over to Dr. Robert Smith, CEO and
President of RiceBran Technologies. Dr. Smith, please go ahead.
Robert
Smith
Thanks
Fred and thanks to our listeners for joining us today. 2016 was a year of great
change and challenges at RiceBran Technologies that help set the stage for
achieving a number of important goals, including our ultimate goal of
generating substantial shareholder value. As many of you are aware, the second
half of 2016 brought about significant changes in our company, beginning with a
reconstitution of the Board of Directors, the addition of Michael Goose to head
of our Ingredient Sales efforts and my being named CEO.
And
with the recent addition of Brent Rystrom as our new CFO, our team now brings
together a wealth of industry and operational experience. Management is working
hard to implement a comprehensive strategic plan designed to significantly
reduce cost, while capitalizing on the vast market opportunities for our
proprietary ingredients.
Our
company is technology rich and has extensive experience in transforming a
marginal value byproduct of the rice milling into high value nutritional
ingredients for the food and feed markets. Our products meet increasing
consumer demands for minimally processed sustainable, nutritious, and clean
label ingredients and have the additional benefits of providing specific
functionalities for various food applications.
I
will briefly highlight some important accomplishments that have taken place
towards the end of last year and early 2017 that I believe will have a positive
impact on our future performance. First, we implement that a series of
stream-lining initiatives, including the employee headcount reductions and
supply chain adjustments, to remove unnecessary cost and improve operational
efficiencies.
The Comeback
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The Duquesne coaching search is (still) the hottest of hot messes
So
far no one remotely wants this job.
NCAABy on March 23, 2017
The position has been vacant for 10 days with several possible names getting thrown around. It looked like the Dukes might’ve finally had their answer Thursday morning. Gary Parrish of CBS Sports reported that Michigan State assistant Dane Fife, a hot name on the coaching carousel for the last few years, was showing significant interest in the job.
Michigan State assistant Dane Fife is in advanced talks to replace Jim Ferry at Duquesne, a source told @CBSSports.
An hour later, Fife had already backed out.
UPDATE: Dane Fife has ended discussions with Duquesne. Is no longer pursuing the job, a source told @CBSSports. https://t.co/yVjRAuPifp
And that wasn’t even the first time today someone turned down Duquesne! Earlier Thursday morning, Vermont coach John Becker told ESPN’s Andy Katz he’s staying put in Burlington after giving the open job a look.
Vermont coach John Becker told ESPN that he is staying with the Catamounts after looking at the vacant Duquesne… https://t.co/n1hnuWoHqg
Duquesne hasn’t won 20-plus games since 2008-09. It hasn’t reached the NCAA Tournament since 1976-77. It’s last NCAA Tournament win came in 1969.
The program’s only big highlight of the past season was beating rival Pittsburgh, which didn’t even have a winning record this year, for the first time since 2000.
Ron Everhart, the only coach to find any moderate form of success there in the last 20 years, was let go despite producing four winning seasons, which is more in his six years than all other Duquesne coaches have combined since 1980.
Everhart, now an assistant at West Virginia, spoke to the Pittsburgh Post-Gazette about his firing ahead of Thursday’s Sweet 16.
“The more time moves on,” he
said, “the more difficult it is to get my head around it.”
Becker has a good thing going at Vermont. He’s won at least 20
games in all six of his seasons there, including a 29-win year and perfect
America East record this season.Still, the America East is a bottom 10 league and the Atlantic 10 is a top 10 league.
Still, Becker said no.
Previously, Adam Zagoria reported the job was Monmouth coach King Rice’s to lose. You’d think someone who’s won 55 games over the last two seasons but missed the NCAA Tournament both times largely because of playing in a weak league like the MAAC might find some intrigue in moving to a stronger conference.
Rice then denied any involvement in the coaching search.
Considering how the coach who Duquesne canned last week, Jim Ferry, built LIU Brooklyn into an NEC powerhouse and then won less than 40 percent of his games with the Dukes, Becker and Rice are likely making the smart decision.
The other name that interests Duquesne is former Rutgers coach Mike Rice, according to Zagoria. This Rice, unrelated to King, lost the Rutgers gig in 2013 after ESPN’s Outside The Lines showed video of him abusing his players in practice with everything from hurling basketballs at their heads to using homophobic slurs.
Mike Rice had great success at Robert Morris. He’s also the son of former Dukes coach Mike Rice Sr., who won two conference titles in the early 1980s. But going in that direction with this hire would undeniably bring plenty of controversy.
That’s what this job search has dwindled to. Assistant coaches don’t want Duquesne as their first job. Hot mid-major coaches don’t see the position as worthy of leaving a secure job in a worse conference.
And now Duquesne can choose between a man who abused his players or some other option from the bottom of their list. And who even knows if that person would finally be the one to say yes.
Update, March 24 (12:28 ET): Ball State coach James Whitford released a statement that he has also turned down the Duquesne gig. It didn’t help Duquesne’s image that ESPN “inadvertently published” a story saying the school had hired Whitford.
Ball State has not been to the NCAA Tournament since 2000. Whitford’s base salary is under $300,000 while Duquesne paid its previous coach $600,000. But he still does not want to coach the Dukes.
On top of that, Duquesne lost a pair of promising young players. Freshman guard and leading scorer Mike Lewis II announced his decision to transfer on Friday. On Saturday, Rivals’ Corey Evans reportedsophomore forward Nakye Sanders will transfer as well.
After much Prayer and thought with myself and my family I have asked Duquesne University for permission to contact other schools 🙏🏾😕🎱
Moving on down the list, Duquesne has set it sights on Akron coach Keith Dambrot, according to CBS Sports’ Jon Rothstein. Dambrot has won four of the last six MAC regular season titles. He’d be a great get for Duquesne — if they can actually get him.
About Jesse Kramer
Jesse is a senior at Northwestern
University studying journalism. He has previously worked for SI.com and runs
The Catch and Shoot, a college basketball website based in Chicago. If he's not
watching sports, he's probably listening to and/or making music. Follow Jesse on
Twitter @Jesse_Kramer.
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