TOP Contents - Tailored for YOU NEWS DETAILS: Oryza U.S. Rough Rice Recap – Bids, Offers Remain Far Apart; USDA Says 15% of Crop Planted Apr 08, 2014
As of today, old crop offers continue to be found as low as $15.55 per cwt fob farm (about $343 per ton) for nearby shipment however most farmers are asking for $16.11 per cwt fob farm (about $355 per ton) or higher.Bids from larger mills held steady today near $15.35 per cwt (about $348 per ton) for April-May delivery while bids for exporters were unchanged near $15.40-$15.65 per cwt (about $340-$345 per ton), for the same delivery period, and there are still reports of smaller mills bidding between $16.00-$16.30 per cwt (about $353-$359 per ton) for prompt delivery. In the meantime, the USDA estimates that as of April 6, 15% of the US rice crop had been planted which is 1% less than this time last year and 4% less than the previous 5-year average. As of now, the USDA estimates that farmers have planted at 7% of their rice crop in Arkansas, 0% in California, 55% in Louisiana, 6% in Mississippi, 2% in Missouri, and 39% in Texas. Tags: U.S. rice prices, U.S. rice market
I Can't Believe It's Not Butter! Rice Bran Oil Product Healthier Alternative to Margarine Apr 08, 2014
Scientists with the U.S. Department of Agriculture (USDA) have developed an extract made from rice bran oil that can be used as a partial replacement for margarine, butter, or shortening. The product is somewhat similar to a nut butter but has a unique texture. It mostly contains unrefined rice bran oil and rice bran’s natural wax, in addition to small amounts of vitamin E, plant sterols, and gammaoryzanol. Foodies, take heed: the product apparently tastes good! Early experiments at the USDA’s Agricultural Research Service (ARS) National Center for Agricultural Utilization Research in Peoria, Illinois involved using the extract instead of a portion of the butter in standard recipes for granola and for white bread. Taste testers reported no negative effects in the taste or texture of either food.It gets better. The rice bran oil product has several advantages to traditional margarine or shortening. This product has no trans fats, those pesky things that contribute to heart disease. The product is also shelf-stable, resisting the oxidization that sometimes turns things off.
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