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Ag News
New WASDE Information to be Released
Published Thursday, July 03, 2008 at 04:44 AM
Also, the farm bill authorizes the Secretary of Agriculture to make counter-cyclical payments to rice producers using rice-by-class payment rates. So, the July 11th WASDE report will forecast the average price received by farmers for U.S. rice-by-class, such as long-grain rice and medium-grain rice, which also includes short-grain rice. The price estimates for 2006/07 will appear as a point estimate and reflect the rice-by-class prices reported by the National Agricultural Statistics Service in the Agricultural Prices report, January 2008.
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