June 17, 2014
News Release 14-064
Inv. No. 332-549
Contact: Peg O'Laughlin, 202-205-1819

USITC TO STUDY GLOBAL RICE MARKET

The U.S. International Trade Commission (USITC) has launched an investigation to examine global rice trade.

The investigation, Rice: Global Competitiveness of the U.S. Industry, was requested by the House Committee on Ways and Means. The USITC will deliver the report to the Committee by April 14, 2015.

As requested, the USITC, an independent, nonpartisan, factfinding federal agency, will report on factors of competition in major rice producing and exporting countries, including Brazil, China, India, Indonesia, Thailand, Uruguay, and Vietnam, plus the United States. The USITC will examine costs of production, industry structure, input prices and availability, pricing and marketing regimes, and government policies that affect rice production and export in the selected countries.

As requested, the USITC will also perform a qualitative, and to the extent possible, quantitative assessment of the impact of government policies and programs in the highlighted countries on rice production, exports, consumption, and domestic and export prices.

The USITC will hold a public hearing in connection with the investigation on September 10, 2014. Requests to appear at the hearing should be filed no later than 5:15 p.m. on August 26, 2014, with the Secretary, U.S. International Trade Commission, 500 E Street, SW, Washington, DC 20436. For further information, call 202-205-2000.

The USITC also welcomes written submissions for the record. Written submissions should be addressed to the Secretary of the Commission at the above address and should be submitted at the earliest practical date, but no later than 5:15 p.m. on December 9, 2014. All written submissions, except for confidential business information, will be available for public inspection.

Further information on the scope of this investigation and appropriate submissions is available in the USITC's notice of investigation, dated June 17, 2014, which can be obtained from the USITC Internet site (www.usitc.gov) or by contacting the Office of the Secretary at the above address or at 202-205-2000.

USITC general factfinding investigations, such as this one, cover matters related to tariffs or trade and are generally conducted at the request of the U.S. Trade Representative, the House Committee on Ways and Means, or the Senate Committee on Finance. The resulting reports convey the Commission's objective findings and independent analyses on the subjects investigated. The Commission makes no recommendations on policy or other matters in its general factfinding reports. Upon completion of each investigation, the USITC submits its findings and analyses to the requester. General factfinding investigation reports are subsequently released to the public unless they are classified by the requester for national security reasons.

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