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News Release 24-020
Inv. No(s). 332-603
Contact: Philip Stone, 202-205-1819
The U.S. International Trade Commission (USITC) is undertaking a new factfinding investigation that will examine recent trends and developments in the global rice market and the export competitiveness of the rice industries in the United States and other major producers, such as Bangladesh, Brazil, China, India, Indonesia, Pakistan, Paraguay, Thailand, Uruguay, and Vietnam.
This investigation, Rice: Global Competitiveness and Impacts on Trade and the U.S. Industry (Investigation No. 332-603), was requested by the U.S. House of Representatives Committee on Ways and Means in a letter received on February 5, 2024.
As requested, the USITC, an independent, nonpartisan federal agency, will prepare a public report that will provide, to the extent practicable:
- Information on recent developments in the rice industries of the countries listed above;
- Information on recent trade trends and developments in the global market for rice, including U.S. and major foreign supplier imports and exports;
- A comparison of the competitive strengths and weaknesses of rice production in and exports from the United States and other major exporting countries, focusing on factors affecting delivered cost, product differentiation, and reliability of supply, as well as government policies and programs that directly or indirectly affect price, production, and exporting in these countries;
- A qualitative and, to the extent possible, quantitative assessment of the impact of government policies and programs, including public stockholding programs and export restrictions, of major producing and exporting countries on U.S. rice production, producer revenues and profits, consumption, trade and prices, as well as on food security in developing countries; and
- An overview of the impact on the U.S. rice industry of exports from the highlighted countries of rice to the United States and to traditional export markets of the United States.
The report will contain updates to the USITC’s 2015 report where significant changes have been observed during the 2018-2023 period. The USITC expects to submit its report to the Committee on Ways and Means by March 5, 2025.
The USITC will hold a public hearing in connection with the investigation at 9:30 a.m. on April 30, 2024. A link to the hearing will be posted on the Commission’s website at https://www.usitc.gov/calendarpad/calendar.html.
Requests to appear at the hearing should be filed no later than 5:15 p.m. on April 8, 2024, with the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. See below for important information regarding filing a request to appear at a USITC hearing.
The USITC also welcomes written submissions for the record. Written submissions should be addressed to the Secretary of the Commission and should be submitted no later than 5:15 p.m. on July 12, 2024. All written submissions, except for confidential business information, will be available for public inspection. See below for important information regarding the filing of written submissions for USITC investigations.
IMPORTANT: All filings to appear at the hearing and written submissions must be made through the Commission’s Electronic Document Information System (EDIS, https://edis.usitc.gov). No in-person paper-based filings or paper copies of any electronic filings will be accepted until further notice. Persons with questions regarding electronic filing should contact the Office of the Secretary, Docket Services Division (EDIS3Help@usitc.gov), or consult the Commission’s Handbook on Filing Procedures.
Further information on the scope of the investigation is available in the USITC’s notice of investigation, dated February 29, 2024, which can be downloaded from the USITC Internet site (www.usitc.gov) or may be obtained by contacting the Office of the Secretary at commissionhearings@usitc.gov.