By Bobby Coats, Agricultural Economist and Professor of Economics
Join us at 3 p.m. CST on August 30 for the next Food and Agribusiness Webinar. Dr. Nathan Childs and Eugene Young will present back-to-back during this session. Childs will analyze the most current USDA forecasts for both the 2018/19 U.S. and global rice markets. For the U.S., a substantial boost in production is expected to lead to larger ending stocks, despite expanded trade and domestic use, and to lower farm prices. Globally, world rice trade is projected to again reach a new record in 2019, led by steady growth in demand from Sub-Saharan Africa and continued strong purchases by China. Little change is expected for global ending stocks in 2018/19, despite projected record global consumption.
Nathan Childs is an agricultural economist with USDA’s Economic Research Service. His current activities include managing ERS’ contribution to the rice situation and outlook program and supporting the Department’s annual Baseline forecasting activities. Nathan joined ERS in 1987. During his career, he has worked on a variety of topics including U.S. rice consumption patterns, global trade liberalization, farm program analysis, and supported emerging market projects to Taiwan, China, Vietnam, and Haiti. In the early 1990s, Nathan was editor of USDA’s weekly Agricultural Outlook magazine.
Following Dr. Childs, Eugene Young will discuss the August 1, 2018 USDA NASS rice stocks report; a look at the remaining rough rice and milled rice on hand from the 2017 crop. The presentation will also include a brief look at how the data is collected and summarized for the report.
Eugene Young is the regional director for the USDA-NASS Delta Regional Office located in Little Rock, Arkansas which services the states of Arkansas, Louisiana, and Mississippi. Mr. Young has 28 years of experience working at USDA-NASS and has worked in offices in Arkansas, North Carolina, and Washington, D.C. He is a graduate of the University of Arkansas with a Bachelor’s of Science in Agricultural Business and a Master’s in Agricultural Economics.
You may register now at: https://uaex.zoom.us/webinar/register/WN_vjN__mbzTlS4kmXspbCC2Q