050211 Prices Received rice coops

Project Code 188 QID 050211		OMB No. 0535-0003: Approval Expires 12/31/2007
	PRICES RECEIVED BY FARMERS FOR RICE COOPERATIVES January 2007							NATIONAL AGRICULTURAL STATISTICS SERVICE
						Arkansas Field Office 10800 Financial Centre Parkway Suite 110 Little Rock, AR 72211 1-800-327-2970 Fax: 501-224-5630 E-mail: [email protected]
					The Department of Agriculture collects and publishes information on prices received by farmers for rice. This information is used for estimation of farm income, determination of government program payments, in the computation of the gross national product and for price studies and analysis of returns from various crops. Your report is needed to accurately estimate prices and quantities sold. This survey is voluntary and not required by law. Individual reports are combined to estimate State and U.S. prices. Information in individual reports is kept confidential. Please fax your report or mail it in the enclosed postage paid envelope. Thank you.
			OFFICE USE
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Please make corrections to name, address and Zip Code, if necessary.

INSTRUCTIONS: (Patronage Pools) ●Report the equivalent rough rice quantity of milled rice shipped in item 1. Exclude cash purchases that are milled as cash purchases. These purchases are to be reported in item 3. ●Report rough rice shipped without milling in item 2. ●Exclude return and expenses from processes which materially affect the form of the product such as parboiling or income from sales of items other than rice. In the case of prices reported in Items 1 and 2— Begin with the value of milled or rough rice shipped or sold, then adjust by the following to reflect the price of dry rough rice at first point of sale.

Items to be DEDUCTED from reported price-- ● Handling, processing (milling), transportation, and marketing charges from co-op acquisition until product (milled or rough) is sold ● Interest expenses ● Losses from hedging ● Storage costs ● Government payments (i.e. loan deficiency payments [LDP] and marketing loan gains [MLG]) ● Income or dividends from capital investment

Items NOT TO BE DEDUCTED from reported price-- ● Interest Income ● Gains from hedging ● Storage income ● Capital retains from rice marketings ● Producer check-off fees (if any) ● Transportation costs of rough rice to the first point of sale

	Purchases of Rough Rice
	For Entire Month of December, 2006				For First 15 days of January, 2007
	Length of Grain	Quantity Shipped		Average Value 1/ Dollars & Cents per Cwt.	Quantity Shipped
1. Equivalent rough rice for milled rice shipped during the period--	Long	151	Cwt.	156 $ . ___ ___	157	Cwt.
	Medium	161	Cwt.	166 $ . ___ ___	167	Cwt.
	Short	171	Cwt.	176 $ . ___ ___	177	Cwt.
	All	181	Cwt.	186 $ . ___ ___	187	Cwt.
2. Rough rice shipped without milling-	Long	251	Cwt.	256 $ . ___ ___	257	Cwt.
	Medium	261	Cwt.	266 $ . ___ ___	267	Cwt.
	Short	271	Cwt.	276 $ . ___ ___	277	Cwt.
	All	281	Cwt.	286 $ . ___ ___	287	Cwt.

1/ Cost factors considered for the computation should be generally comparable to those used for determining pool settlement excluding government payments retained when loans are redeemed at less than original loan value.

INSTRUCTIONS: (Non Patronage Purchases) ●Report cash purchases from growers at first point of sale as dry rough rice before deducting drying and storage charges, or transportation costs to the first point of sale. Exclude any LDP or MLG benefit and any payment of storage or transportation earned after point of sale. ●Exclude purchase if not first buyer of record from grower, i.e. purchases from other mills, co-ops or CCC stocks.
	For Entire Month of December, 2006				For First 15 days of January, 2007
3. Cash purchases of dry rough rice from farmers during the period-- (Include green rice converted to dry weight equivalent.) (Rice purchased through redemption of CCC loans should be valued at the loan redemption rate (World Market Price or loan plus interest whichever is lower) plus any additional payment (premium) to growers.)	Length of Grain	Quantity Shipped		Average Value 2/ Dollars & Cents per Cwt..	Quantity Shipped
	Long	351	Cwt.	356 $ . ___ ___	357	Cwt.
	Medium	361	Cwt.	366 $ . ___ ___	367	Cwt.
	Short	371	Cwt.	376 $ . ___ ___	377	Cwt.
	All	381	Cwt.	386 $ . ___ ___	387	Cwt.
2/ Report total price paid to producers for rough rice at first point of sale as dry rough rice before deducting drying and storage charges, or transportation costs to the first point of sale.

Reported by: ______________________________________	Date: __________________________	Office Use
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