February 2018

USDA announces final 2016 Price

USDA announces final 2016 Price

By Tim Kelleher, Rice Lawyers, Inc.

On January 31, the USDA Farm Service Agency announced the marketing year average (“MYA”) price for temperate japonica rice (California short/medium grain rice).  While all prior projections out of USDA estimated the price at $13.70/cwt, the 2016 MYA was set at $14.10/cwt. READ MORE