From the beginning of Coastal Warehouse in 1958, the business focus has been on agricultural infrastructure and betterment of local agricultural communities by providing storage and marketing opportunities for grain producers in Wharton and the adjacent counties. After 62 years of service to those farmers in Wharton and surrounding counties, Coastal Warehouse is proud to announce a change of ownership to Dr. J. Thomas Wynn of Egypt, Texas, effective April 12, 2021.
After over 35 years of ownership, increasing the storage capacity to over 5,400,000 bushels and developing the successful Premium Deer Corn brand, the managing partners of Coastal Warehouse, Ltd. Ronnie Wittig, William Loocke and Laurance Armour III. have elected to retire. They are very pleased that Dr. Wynn will carry on the business with a similar philosophy and dedication to serving farmers in the Upper Texas Coastal area. Dr. Wynn will keep on all current employees and will add some new, key employees to enhance the success of the business. He also looks forward to helping his customers remain successful in making informed and beneficial marketing decisions.
In embarking on this venture, Dr. Wynn is committed to maintaining and enhancing the strong reputation for service and support for agriculture that has been developed over the years. Already a partner in East Bernard Rice Marketing, Thomas will further hone and broaden the services that Coastal Warehouse can provide to farmers.
Wynn, an Aggie to the core earning his undergraduate degrees at A&M and completing his Ph. D. in International Agriculture brings a wealth of experience to his new role as the owner of Coastal Warehouse. While with the U.S. Rice Producers based out of Houston, he traveled extensively in Latin, Central, and South America and Mexico. His workplace travels have included Thailand, Cuba, Trinidad and Tobago, Switzerland, and most recently the country of Georgia in the former Soviet Union. During his tenure in the industry, he spent a great deal of time in Washington DC working with Congress and USDA on behalf of farmers and farm policy.
At the graduate level, he studied risk management techniques with clear insights being developed in futures and basis contracts, which he has mastered and employed to the satisfaction of his agricultural customers. He brings this experience into application at Coastal for its longstanding agricultural clientele.
Married with three daughters, he and his wife Mary will continue to live in their 100-year-old home enjoying the benefits of a life in the country. In addition to his responsibilities as the new owner of Coastal Warehouse, he will continue as the managing partner of M&W Farm and Ranch in Egypt, Texas.
Volume 18, Issue 17
April 30, 2021
In This Issue:
Rice Market & Technology Convention, July 6-8, 2021 in The Woodlands!
Despite Weak Long Grain Export Demand, Prices Remain Unaffected
This week, the National Association of Colombian Entrepreneurs (ANDI) reached out to the US Rice Producers Association for support in its fight to protect the current nutritional labeling regulations for rice and protest the proposed adjustment to the recommended portion size of rice in labeling.
Colombia notified the OMC (World Trade Organization) and other trading partners, the interest of issuing the resolution which "establishes the technical regulation on the nutritional labeling requirements for packaged foods for human consumption must comply with" in Colombia and proposes to reduce the recommended portion of rice from 50 grams to 30 grams.
Colombia's economy is the third-largest in Latin America and has continued to grow in recent years due to sound economic policies, recent reforms, and a proliferation of free trade agreements (FTAs). With an annual rice consumption of around 40 kg per capita, according to the Colombian government, reducing the recommended portion would be equivalent to having a per capita consumption of 11 kg. Such a drastic change would put the consumers and the Colombian and U.S. rice sector at great risk. The USRPA supported the efforts of ANDI through letters that outlined the nutritional benefits of including rice in the everyday diet.
In mid-April the Texas Department of Agriculture granted registration to Adama for Highcard™ herbicide, a novel safened herbicide used as part of the RiceTec Max-Ace™ Rice Cropping Solution.
The US Rice Producers Association played a key role in the support of this registration and is glad to hear this product will be available for growers this season. The Max-Ace Rice Cropping Solution gives rice growers an excellent tool for weed control, high-yield, a rice rotation alternative to the FullPage™ Rice Cropping Solution, and conventional offerings from RiceTec.
Missouri rice farmer and USRPA board member, Chris Berry is in the midst of planting RiceTec's FullPage 7321 in the Bootheel using a 60' wide planter with section command. Berry plants both on a 0-grade flat field and a row rice field.
President Biden Releases “Skinny” Budget
Last week, President Biden released his FY 2022 “skinny” budget. The proposal includes $27.8 billion, a 16% increase, for agriculture programs. Increases align closely with the President’s priorities outline during his campaign and see in his recent infrastructure proposal.
Specifically, the bill provides increases to expand broadband access, upgrade drinking water and waste water infrastructure in rural communities, bolster public and private lands conservation, and advance clean energy usage and equity within the department. Additionally, the bill provides strong investment in research and development for farmers and local agriculture marketing programs to support local supply chains.
As evident in all the Administration’s initiatives, there is great emphasis on bolstering economic activity in rural communities. The President’s budget makes critical investment to create jobs and opportunities in rural America, restore America’s advantage, and address climate change through agricultural practices.
In addition to the “skinny” budget, we expect President Biden to release a detailed budget sometime late May.
Volume 18, Issue 14
April 9, 2021
In This Issue:
U.S. Rice Market Lacking Demand Especially for Milled Rice
Washington DC Update
USRPA Kicks Off Digital Campaign in Mexico
USDA Announces Upcoming Changes to the World Agricultural Supply and Demand Estimate (WASDE) Rice and Soybean Tables
The US Rice Producers Association, to continue the conversation that U.S. rice is nutritious and economical, recently kicked off its established digital media campaign for 2021 in Mexico. The digital campaign consists of the creation of digital content such as video recipes, mini rice facts memes, live content, and more shared on Facebook and Instagram.
The campaign features content created by Melissa Morelos, professional chef, influencer, and finalist of Master Chef Mexico, Chef Ismael Zhu, influencer, TV chef and winner of Master Chef Mexico, Pablo Marti, Chef, influencer, surfer, finalist of Master Chef Mexico and current contest of the reality TV show "Survivor," and Leon Michel, actor and TV host. Our team of content creators are sharing various recipes using U.S. long-grain rice as the main ingredient.
The USRPA Facebook fan page of “Consume Arroz USA,” currently has 18,600 followers and 1,800 followers on Instagram. Likes, positive comments, and shares from followers on the various recipes, videos, nutritional and cooking tips, are spreading the message that U.S. long-grain rice can create simple, delicious, nutritious, and economical everyday meals!
The campaign will continue throughout the year on social media, always emphasizing the message of including U.S. long-grain rice in their everyday diet.
Washington DC Update
The House and Senate are in recess this week but a ruling by the Senate Parliamentarian on the use of another reconciliation measure is good news for President Biden’s infrastructure proposal and the ability of Senate Democrats to pass the proposal. A spokesman for Senate Majority Leader Chuck Schumer (D-NY) announced that the parliamentarian “has advised that a revised budget resolution may contain budget reconciliation instructions.” The ruling would allow Democrats to use the reconciliation process to move another bill with only majority support (51 votes). Although there are ongoing discussions surrounding the President’s infrastructure proposal, there is much skepticism on whether a bi-partisan proposal can be achieved. Although the reconciliation process is more constraining regarding matters that can be included a bill, the Parliamentarian’s ruling opens an additional pathway to passing an infrastructure proposal without support from Senate Republicans.
USDA released a report this week which analyzes how the coronavirus, and the resulting U.S. economic contraction, has led to increased food assistance to U.S. households. Overall, an average of $8.4 billion in combined SNAP and P-EBT benefits were redeemed per month during the 6-month period of April through September 2020—an increase of 86.4 percent compared to the same period in 2019. The value of benefits redeemed online also grew quickly, from $2.9 million in February 2020 to $196.3 million in September 2020. By September, online redemptions accounted for 2.4 percent of the total value.