By Bobby Coats, Professor of Economics, Department of Ag Economics and Agribusiness
On May 25 at 2 pm (CST), we will be hosting a webinar that may be of interest to rice producers and agribusiness industry personnel. This webinar will focus on USDA’s projections for the 2017/18 U.S. and global rice markets.
The main themes:
- A 10-percent decline in U.S. rice production is expected to reduce U.S. rice supplies 7 percent in 2017/18.
- Tighter supplies and higher projected prices are behind expectations of smaller domestic use and U.S. exports in 2017/18.
- In the global market, production is expected to again exceed use, with global ending stocks in 2017/18 projected to increase to the highest level since 2001/02.
*Presenter: Nathan Childs, agricultural economist with USDA’s Economic Research Service.
Additionally, Dr. Jarrod Hardke, Associate Professor and State Rice Extension Agronomist, Crop, Soil & Environmental Science Department, University of Arkansas System-Division of Agriculture, will give an update of rice production in the state.
Register via Zoom: https://uaex.zoom.us/webinar/register/2ac409cb921099637510d14dfea9e911
You will receive an email with instructions for joining the webinar after you complete registration.