Alex Brinkmeier, a fourth-generation farmer and Ph.D. student at Saint Louis University, is conducting a brief 5-minute survey to explore how family farms make decisions about adopting new technology. Your insights will help deepen the understanding of what drives innovation on family farms and support research that could shape the future of agriculture. Take the Survey

Congratulations to 2024 Ray Stoesser Memorial Scholarship Recipient Ryan Williamson on his selection as a Fulbright Scholar! We are incredibly proud of Ryan and all that he has accomplished. A recent graduate of Texas A&M with a Bachelor of Business Administration focused on international trade and agriculture, Ryan will teach English and U.S. culture in the Czech Republic while gaining a deeper understanding of the host country’s culture and agricultural system. We wish him the very best as he embarks on this exciting new chapter! Read More

Senate Finance Committee Releases Reconciliation Text:

On Monday, the Senate Finance Committee released legislative text within the Finance Committee’s jurisdiction for inclusion in Senate Republicans’ budget reconciliation bill. Similar to that of the House Ways and Mean reconciliation text, Chairman Mike Crapo (R-ID) and his Committee’s bill reforms the tax code by extending the 2017 Trump tax cuts, provides additional tax relief to working families and small businesses, boosts the economy through pro-growth tax policy, and achieves net government savings. Looking at the bill from an agricultural perspective, the package expands and extends 199A deductions, restores bonus depreciation, increases Section 179 expensing, and raises the estate tax exemption level. Now, with all the committees having released their respective reconciliation texts, the Parliamentarian and Committee staff continue to vet provisions using the “Byrd Rule”, which restricts what can be included in reconciliation legislation in the Senate. The Senate’s complete reconciliation package could be considered on the floor as early as next week as lawmakers race against the pressure of a July 4 deadline imposed by the White House. You can find the complete Senate Finance reconciliation text here.

House Appropriations to Resume Ag-FDA Bill Next Week:

This week, the House Appropriations Committee released its upcoming markup schedule for the next few weeks while in session. On the calendar, the Committee rescheduled the markup for the Fiscal Year 2026 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Bill for Monday, June 23. This comes after the Full Committee initially started to markup the bill on June 11, but, due to Congressional events and the coinciding markup of the FY26 defense appropriations bill, the markup has been postponed for a later date. Now, the Committee will look to resume where the left off with amendments, and it is more than likely that the bill will pass out of Committee along a party line vote. You can watch the markup once it streams live here.

A person would be hard pressed to drive through Louisiana rice country and not see at least some rice beginning to head out, as 27% is reported headed this week per the USDA Crop Progress Report. Texas is reported at 18%, with both states being ahead of the 5-year average. The rice condition is on par with last year, which offered 83% in the good/excellent categories. Last week, it was 77%, and this week it is 74%. While the trend isn’t ideal, the rice isn’t rated as poor or very poor, but fair.

Actual planted long grain acreage continues to be debated as wet conditions in NE Arkansas and SE Missouri, and seed availability, contributed to lower than expected plantings. Prices haven’t changed—for paddy or milled—significantly in the last week. Iraq business remains the key driver for milled business right now, and the saving grace at that. With South America coming on strong with a large crop, stable quality, and lower prices, the United States is hard pressed to find new business at the moment. And with India gobbling up the cheaper markets around the globe with its unfairly subsidized rice, competition will be fierce for the coming crop.

A recent GAIN report on India highlights the dire situation they are putting the global rice trade in. Multiple concurrent record crops are depressing prices, even while Indian rice producers get unfairly subsidized to flood the export market and balloon domestic stocks. India’s rice production forecast for MY 2025/2026 has been raised to 150 million metric tons due to an increase in area harvested, now projected at 126 million acres. This growth is driven by an early and well-distributed 2025 monsoon, which is expected to boost both planting and yields. Farmers are likely to choose rice over other crops due to its resilience and government subsidies. For MY 2024/2025, production is also revised upward to a record 149 MMT from 127 million acres, based on higher-than-expected yields for kharif rice and expanded rabi/summer planting. These projections have increased despite weak market prices, spelling more pain for Vietnam, Thailand, and other rice exporters.

India’s rice exports for MY 2024/2025 are projected to reach a record 24.5 million metric tons, driven by strong export momentum through March 2025, with 12.7 MMT already shipped compared to 7.1 MMT during the same period last year. With monthly exports averaging around 2 MMT, this pace is expected to continue. Looking ahead, MY 2025/2026 exports are forecast higher at 25 MMT, assuming stable export policies and favorable price parity, supported by abundant domestic supplies and weak domestic prices that may prompt the government to release additional stocks into the market.

We will report on bright spots as they become available, but until there is an updated farm bill that addresses the price distortions and input costs that rice producers are suffering through, it will continue to be a financially tight season

As the 2025 Stoesser Scholarship recipient and a Florida resident, the Rice Market & Technology Convention provided a wonderful opportunity for Kayla Braggs to meet the Stoesser family in person and connect with members of the U.S. rice industry. "Attending the Rice Marketing and Technology Convention this past month was nothing short of amazing," Braggs said of her RMTC experience. "As a first-time attendee, I had no idea what to expect, and it was nothing short of surprises around every corner. From the production exhibition to the informational speaker sessions, the week provided a great mix of industry updates, with reconnecting with old and new friends. One of the high points was meeting the Stoesser Family. They were all so welcoming, and it made me even prouder to have been a scholarship recipient in memory of someone so instrumental in the US Rice Producers Association."Left to right: Meredith Stoesser, Kayla Braggs, & Neal Stoesser.

Kayla is currently a second-year PhD student at the University of Florida studying Agriculture Communications. Her research focuses on producer-centered policy education and finding ways that practitioners and other stakeholders can work together to make better communication tools for agriculture policy. After graduation, she plans to move to Washington, D.C., to dive into the ag policy in policy communications/stakeholder engagement at a trade association or corporate company.  "I also enjoyed getting a glimpse at how many countries U.S. rice impacts," she said. "Even with only six major producing states, it is without question the industry’s impact is exponential. If I was to give advice to someone interested in attending the conference for the first time, be prepared to come with open ears and be prepared to leave with an even greater appreciation for the growers, processors, millers, and marketers that propel the rice industry forward." On behalf of the U.S. Rice Producers Association and the Stoesser family, we extend our heartfelt thanks to Kayla for her kind words and for sharing her experience at the Rice Marketing and Technology Convention. It was a pleasure to have her join us, and we are incredibly proud to count her among the recipients of the Stoesser Memorial Scholarship. Her passion for agricultural communication and her commitment to advancing the industry’s future through research and policy are truly inspiring. We look forward to seeing the impact she will make in the years to come.

This week’s USDA Trade Mission to Peru marked a successful step forward in strengthening agricultural trade between the United States and Latin America. Led by Daniel Whitley, Administrator of the USDA Foreign Agricultural Service, the mission brought together U.S. agribusinesses, trade associations, and government officials to foster partnerships, explore market opportunities, and promote high-quality American products, including U.S. rice. “Participating in this trade mission was an excellent opportunity to connect directly with key buyers and industry partners in Peru,” said Iris Figueroa, Western Hemisphere Marketing Manager and mission participant. “There is clear interest and enthusiasm for U.S. products, and we’re excited about the potential for continued growth in this market.” The strong engagement and collaborative spirit throughout the mission underscored Peru’s importance as a strategic and growing market for U.S. agriculture.I ris Figueroa and Daniel Whitley, Administrator of the USDA Foreign Agricultural Service.

B2B meetings are a critical element of trade missions like this one, as they provide a direct platform for exporters and buyers to connect, discuss needs, and negotiate potential deals. These face-to-face interactions build trust, clarify expectations, and help tailor products and services to specific market demands. For U.S. rice producers, such meetings are invaluable in expanding their reach, understanding local market dynamics, and establishing long-lasting relationships that drive sustainable growth.

Left to right: Luis Enrique Manayay Llaguento from Grupo Valle Norte, Iris Figueroa and Jose Luis Jimenez, wholesale sales executive at Mercado San Anita. While in Peru, we had the valuable opportunity to meet with a representative from APEMA, Asociación Peruana de Molineros de Arroz, and visit Mercado San Anita, one of Lima’s largest and most vibrant traditional markets. Overall, the trip to Peru was an invaluable and we extend our sincere thanks to the USDA for making this important mission possible.

USRPA cosponsors agriculture industry event in DC: On Wednesday, Congress hosted its annual bipartisan Congressional Baseball Game for Charity at Nat’s Park in Washington, DC. USRPA, alongside a handful of other agricultural trade associations, sponsored a pre-game event that garnered lots of participation and engagement from the Hill and other working professionals within the DC agriculture policy bubble. USRPA’s own, Mollie Buckler, represented producers and the organization at the event, along with USRPA’s lobbying arm Cornerstone Government Affairs.

Senate Ag Committee releases reconciliation bill text: On Wednesday, the Senate Committee on Agriculture, Nutrition, and Forestry released legislative text to contribute towards the Senate’s broader budget reconciliation package. At the beginning of the reconciliation process, Senate Ag was instructed to cut at least $1 billion from within the Committee’s jurisdiction, which was vastly different than the House Agriculture Committee’s instruction of $230 billion. Chairman John Boozman (R-AR) and the Committee market the bill as reining in runaway spending in the nutrition title while promoting fiscal responsibility and investing in rural America and America’s farm families. In the Senate’s version, the bill has a net savings total closer to $140 billion, whereas the House’s version meets their instruction of $230 billion in net savings. From the perspective of USRPA, the bill increases reference prices for Title I commodities, including long and medium grain rice, reforms payment limits, and bolsters funding for trade promotion programs. You can find the Senate Agriculture Committee’s complete legislative text here and a section-by-section summary here. House Appropriation delays Ag-FDA FY26 markup: On Wednesday, the full House Appropriations Committee convened to markup the Fiscal Year 2026 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Bill. This bill provides a discretionary spending total of $25.523 billion, $1.163 billion (4.2%) below the FY25 enacted level. Members engaged in hotly partisan debates regarding funding levels for rural infrastructure, the Supplemental Nutrition Program for Women, Infants, and Children (WIC), and the foreign influence on farming in the U.S. Republicans supported efforts for the federal government to assume more fiscally responsibility while simultaneously supporting rural communities access to broadband, water infrastructure, and affordable housing. Democrats criticized the spending cuts, arguing that the proposed cuts to rural infrastructure will harm farmers, vulnerable communities, and subside development. The Committee initially started the markup on Wednesday morning, recessed for the Congressional Baseball Game later in the afternoon, and then returned in the evening after the game to resume the rest of the markup. Despite all this, the Committee was unable to finish up the markup, with the FY26 Defense bill that was scheduled to markup before the full Committee on Thursday, the following day. While the Committee managed to get through a bulk of the amendments, a handful remain, and a continuation date has yet to be confirmed. You can find a copy of the bill text here and the report language here. Senate confirms Stephen Vaden as Deputy Secretary of Agriculture: On Tuesday, the Senate confirmed Stephen Vaden to be the next Deputy Secretary of Agriculture along a 51-44 party vote. He will now head down to the U.S. Department of Agriculture where he will serve as Secretary Brooke Rollins’ number two in command. This vote comes two months after his nomination hearing before the Senate Committee on Agriculture, Nutrition, and Forestry. Before this new role, he served as a judge on the U.S. Court of International Trade and was at the USDA during President Trump’s first term as a general counsel. The Senate has yet to schedule confirmation votes for several other USDA nominees in the queue, such as Luke Linberg, Tyler Clarkson, and Dudley Hoskins.,

The rice market continues to move along without major disruptions in either direction. While we haven’t described prices as “strong” in quite some time, we wouldn’t call them weak either. For now, the market remains steady, though with both upside and downside potential. However, with a large crop on the horizon and low global prices, any upward movement appears unlikely. According to the FAO Rice Price Update, prices have been hovering near the bottom for a while. The All Rice Price Index averaged 106.3 points in May, up 1.4% from April, but still 22.6% below levels seen this time last year. The slight bump is attributed mainly to aromatic and Basmati rice, rather than conventional long grain.This month’s WASDE included a special update on Thailand, a country that once led global exports but has been overtaken by India in recent years. Thailand’s rice exports are projected to fall to a multi-year low of 7.0 million tons in 2025 due to plummeting demand from Indonesia, tighter exportable supplies, and increased competition from cheaper exporters. Despite a higher production forecast, beginning stocks are at their lowest since 2005, largely due to elevated exports during India’s 2024 export ban. With India back in the market, Thai rice — especially white rice — has become less competitive, further burdened by a stronger baht. As a result, key markets like the Philippines and Malaysia have shifted toward more affordable options, causing steep declines in Thai milled rice shipments. Still, there are bright spots: exports to Iraq and China are up, parboiled shipments to South Africa remain steady, and fragrant rice exports, especially to the U.S., continue to grow. Per this month’s WASDE, global rice production has been revised upward on the back of a large Indian crop, driven by government subsidies and favorable weather. Global stocks and consumption forecasts are also higher, again largely due to India’s strong performance. As mentioned, the U.S. long grain market hasn’t been described as strong in over a year, back when prices reached $800/MT. Today, $650/MT is a more common quote. See the attached price chart from FAS for recent trends. The weekly USDA Export Sales report shows net sales of 48,400 MT this week, down 17% from the previous week and 2% from the prior 4-week average. Exports of 49,900 MT were down 27% from the previous week and 3% from the prior 4-week average.  Crop Progress is looking solid, with 23% of the crop registering in the Excellent category, 54% in Good, 20% in Fair, 3% in Poor, and 0% in Very Poor. Overall, a good place to be this time of year. We can only hope that heat units and weather events are advantageous to crop and milling qualities as we move through the summer.

House Appropriations Subcommittee on Agriculture advances FY26 bill to Full Committee:  On Thursday, the House Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies convened to markup the Fiscal Year 2026 Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Bill. This markup comes after President Trump released additional guidance regarding the Administration’s ‘skinny’ FY26 budget request. The bill provides a discretionary spending total of $25.523 billion for programs under the subcommittee's jurisdiction, $1.163 billion (4.2%) below the FY25 enacted level. Republicans expressed support for the bill, claiming that it prioritizes protecting the food and drug supply, supporting farmers, ranchers, and rural communities, expanding broadband access, investing in critical agricultural research, and ensuring access to nutrition programs for low-income individuals and families. Democrats argued that the proposed cuts to rural development, nutrition assistance, and international aid undermine support to vulnerable communities. The Subcommittee favorably reported the bill to the Full Committee on a party-line vote of 9-7. The bill is scheduled for Full Committee consideration next Wednesday, June 11. You can watch the full Subcommittee markup here. President Trump shares additional FY26 budget request and agency resources:  Last Friday, President Donald Trump released a 1,224-page appendix with more details and agency instructions regarding the Administration’s initial fiscal year (FY) 2026 ‘skinny’ budget request that was released in the beginning of May. In addition to the White House’s published materials, several individual agencies also posted their own “budget in brief” resources. In the released budget, Trump seeks non-defense funding cuts of more than 22% in the upcoming fiscal year alongside a flat military budget. From the lens of the U.S. Department of Agriculture (USDA), the Administration is requesting $23 billion for USDA, which amounts to a $7 billion cut from the current year’s budget. While the appendix provides additional details surrounding targeted cuts across the federal government, the White House still owes Congress several other pieces of its budget. Despite this, the Director of the White House Office of Management, Russ Vought, has indicated that a completed proposal is not expected to be released until Congress manages to pass the GOP-led reconciliation package. You can find a copy of the appendix to Trump’s May budget request here and copy of the USDA’s FY26 budget summary here.

This week’s rice market update comes with a side of drama — because what’s global trade without a little political spice? While tariffs tiptoe their way back into headlines, the real showstopper is the very public breakup between Donald Trump and Elon Musk. Once the poster boys of free-market bravado and social media swagger, their bromance has officially soured. What does this mean for rice? Maybe nothing... maybe everything. When the world’s loudest voices clash, markets twitch — especially when tech, trade, and policy start to tangle. Buckle up, because it’s going to be a weird growing season. So with planting and emergence largely behind us, we turn our sights more directly to crop condition across the rice-producing states. The good news is that we are 75% in the Good to Excellent condition this year, compared to 77% last year. It is still too early to make any prognostications, but not having any significant weather events early on is always a plus. That being said, weather has caused an obvious reduction in the concentrated area of long grain in northeast Arkansas, with an estimated 250,000 acres going to preventive planting. Keep your eye on the weather throughout the northern rice delta as the forecast calls for wet, stormy conditions. Prices on the ground here in the U.S. for any scant amounts of old crop are being reported with Texas at $12.50-$13. Louisiana is showing $13/cwt, while Mississippi, Arkansas, and Missouri are reporting in at $11.25-$12/cwt. Many of the mills are entering a summer slowdown, while others are busy milling the Iraq business so desperately needed to keep liquidity present. Check out June's FAO Rice Update here. In Asia, prices are still dismal, but at least steady. Thailand and Vietnam are both competing in the $400 pmt +/- $5, while India is sub-$400 at $390 pmt this week. Business is relatively steady in the Far East, with many destinations ordering at ease because of the low prices with no threat of an increase on the horizon. The weekly USDA Export Sales report shows net sales of 58,100 MT this week, down 31% from the previous week, but up 17% from the prior 4-week average. Increases primarily for South Korea (22,200 MT), unknown destinations (17,500 MT), Saudi Arabia (9,000 MT), Haiti (8,000 MT), and Japan (1,000 MT) were offset by reductions for Guatemala (1,200 MT). Exports of 68,500 MT were up a whopping 407% from the previous week and up 52% from the prior 4-week average.