USA
December 11, 2014
Farmers in the Southern Rice Belt looking for a better profit margin in 2015 should consider planting medium-grain rice, especially as California acres decline due to a three-year drought.
According to the University of Missouri U.S. Crop Price Update for October, quality medium-grain rice has averaged a higher price at the mill than long grain over the past six years. In 2014, some 290,000 acres of medium-grain harvested received an average of $14.72 per cwt. The 2.1 million acres of long-grain brought $12.97 per cwt.*
Traditional Medium-Grain vs. Long-Grain Prices
Source: October 2014 U.S. Crop Price Update published by the Food and
Agricultural Policy Research Institute (FAPRI) at the University of Missouri
The Horizon Ag Clearfield® medium-grain variety, CL271, is a proven high-yielder with the quality desired by the mills and food industry. In addition, it offers the Clearfield system which clean up red rice and other tough to control weeds in problem medium-grain fields. CL271 is a semi-dwarf variety with blast and lodging resistance. It replaced CL261 on the market with much improved agronomics, including yield potential.
"CL271 has yield potential equal to or better than most conventional long-grains grown today, so with all costs being equal, CL271 has the potential to return more dollars per acre," says Dr. Tim Walker, general manager of Horizon Ag. "Growing a medium-grain such as CL271 could offer farmers $1 per cwt, which equals 46 cents per bushel. An average yield of 170 bushels would be equal to $78 per acre more in return."
Grain Yield for Clearfield® Varieties
U of A Producer Rice Evaluation Program (PREP)
and Arkansas Rice Performance Trials (ARPT)
Clearfield® Medium-Grain Variety Offers Benefits in 2015 Rice farmers in the Southern Rice Belt looking for a better profit margin in 2015 should consider planting medium-grain, especially as California acres decline due to a three-year drought.
* Based on data in the October 2014 U.S. Crop Price Update, published by the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri.
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