California Rice Feeds Orient Amid War and Policy Shifts
California rice, worth about 100 million dollars a year, largely grown near Sacramento, ships over half its output through the Port of Sacramento to Asia. South Korea remains the leading customer, with nearly 47 percent of this year’s sales, while Japan’s subsidy program has transformed demand and could push Japan toward export status. The Rice Growers Association notes Vietnam’s rice import needs have fallen as its crop recovers, affecting U.S. acreage allotments and farm decisions in the region.
MENTIONED IN THIS ARTICLE
Bill Stall
Sacramento
Vietnam
Japan
Asia
California
Rice Growers Association of California
Sacramento River
South Korea
Rice Growers Association
Robert W. Freeland
Association
U.S
Freeland
Louisiana
Texas
Arkansas
Sacramento Valley
Grundman
Orange growers squeezed by tax focused land deals in San Bernardino
Investors using tax gimmicks bid up citrus groves forcing farmers to sell at high prices. Real estate firms target high income individuals and farmers, securing 14 year deals with interest only for a decade, shifting profits to capital gains rates. Veterans report land values rising from 4 000 to 11 000 dollars per acre, with taxes climbing.
MENTIONED IN THIS ARTICLE
San Bernardino Valley
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