The U.S rice crop is expected to be the smallest since 1996-97, according to the latest World Agricultural Supply and Demand Estimates report.
The “why’s” and implications of that decline will be the topic of the webinar being offered by the University of Arkansas System Division of Agriculture at 3 p.m. Thursday, Oct. 26.
The webinar is free and will feature Nathan Childs, agricultural economist with the U.S. Agriculture Department’s Economic Research Service.
“Nathan will discuss the reasons behind and implications of the expected decline in U.S. rice supplies in 2017-18 on prices, trade, and use,” said Bobby Coats, professor-extension economist for the Division of Agriculture. “He will also touch on major factors driving the global rice market and recent global price movements will be analyzed.”
Childs’ presentation will be based on updated forecasts from the Oct. 12 WASDE report (See: https://www.usda.gov/oce/commodity/wasde/latest.pdf), which said the rice ending stocks would be the lowest in 14 years.
The event is part of the ongoing Food & Agribusiness Webinar Series. Visit https://www.uaex.edu/farm-ranch/economics-marketing/food-agribusiness-webinars/ to learn more.
To register for the webinar, visit: http://bit.ly/uaex-rice-outlook-Oct26 .
The University of Arkansas System Division of Agriculture offers all its Extension and Research programs and services without discrimination.