Industry News

Trade Agreement with South Korea a positive for California Rice

Trade Agreement with South Korea a positive for California Rice

Today’s announcement from the Administration of trade agreement with South Korea is helpful for California Rice.  The agreement provides certainty in demand and greater access to one of our most important overseas markets.

Here’s a link to more information from the U.S. Department of Agriculture. Additional information can also be found in this article in the USA Rice Daily

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Major Amendment Increasing CRC Assessment Cap Coming June 4 – Please Vote!

CDFA will send ballots June 4 to all producers and all handlers, asking the industry to vote on an increase in the assessment cap from $0.15 per hundredweight to $0.20 per hundredweight. The increase in the assessment cap is expected to provide up to nine years of operations for the Commission while continuing the Rice WDR and other regulatory compliance programs. The assessment rate will be set annually based on planted acres, increased costs and reserve levels. 

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