“It Came As A Surprise": USA Rice discusses Japan’s decision to expand its quota for U.S. rice

The new Japan trade deal represents a big win for American agriculture. The agreement includes the purchase of $8 billion of U.S. goods, along with an expansion of rice imports.

California farmer, Charley Mathews Jr. joined RFD-TV’s Tammi Arender to discuss what it means for rice producers in the United States, his California operation, and how he sees the trade deal impacting the rice outlook moving forward.

Related Stories
The U.S. trade deal with Argentina creates new export opportunities for U.S. livestock and crop producers but also raises competitive concerns.
More flexible export financing could strengthen demand in emerging markets and support higher U.S. agricultural exports.
Incremental trade clarity with India could support select U.S. ag exports, but major gains hinge on future market-access talks.
The phone call injected optimism into the soybean market, but actual Chinese buying and its timing will ultimately determine the extent of U.S. agricultural export benefits.
Mexico has fallen behind by several hundred thousand acre-feet in required water deliveries to the United States, a shortfall that has had devastating consequences across the Rio Grande Valley.
Purdue University Professor of Agricultural Economics Dr. Jim Mintert shares a closer look at farmer sentiment and the key issues shaping the agricultural economy in January.

LATEST STORIES BY THIS AUTHOR:

Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
As input costs continue to rise, diesel prices have held steady in recent weeks, according to energy analysts at GasBuddy.
The USDA is moving to close the farm trade gap through promotion, missions, and stronger export financing.
Farm legal and taxation expert Roger McEowen explains the IRS’s shift to electronic payments and disbursements, and what it means for upcoming tax filings.
Estate tax relief reduces pressure, but succession planning remains the critical challenge for farm families.
Midwest corn and soy producers are monitoring for disease and lower yields due to the ongoing drought over the last 30 days.