Riceland Foods

Riceland Foods, Inc. is a United State based, farmer-owned agricultural marketing cooperative based in Stuggart, Arkansas. Founded in 1921, it is a major miller and marketer of rice with 6,000 farmer members. It owns and operates six rice mills including the world’s largest in Jonesboro, Arkansas. Its principal business is receiving, storing, milling, packaging, and marketing rice, grain, and its' byproducts.[1]

Riceland Foods, Inc.
TypeAgricultural cooperative
IndustryAgriculture/Manufacturing
Founded1921 (1921)
Headquarters
Stuttgart, Arkansas
,
United States
Area served
global
Key people
Jason Brancel (president and CEO) Roger Pohlner (chairman)
ProductsRice, soy, and byproducts
Revenue$1.2 billion (2022)
Members6,000 farmer members
Websitericeland.com

Riceland is a soybean and soy oil processor in the Mississippi Delta region where milling, pressing, packaging and distribution occurs. It refines soybean and other vegetable oils for food service and food manufacturing companies. By-products that are commercially marketed include organic gardening amenities like PBH (pasteurized rice hulls), and rice hull ash which are bio-degradable and bio-renewable soil supplement replacements for perlite and vermiculite.[2]

Riceland Foods is led by an elected board of directors.[3] In Dec. 9th 2021, they announced an intended $13.2 million dollar expansion to the plan. As of 2021, they employed approximately 1,500 workers companywide.[4]

Sales as of fiscal year end July 31
YearRevenueReference
2007$947 M[5]
2008$1.23 B[6]
2009$1.30 B[7]
2010$1.10 B[8]
2011$1.10 B[9]
2012$1.15 B[10]
2013$1.32 B[11][12]
2014$1.16 B[13][14]
2015$1.12 B[15]
2016$1.01 B[16]
2017$941 M
2018$955 M
2019$980 M
2020$868 M
2021$995 M[17]
2022$1.21 B[18][19]

As of 2005, Riceland was responsible for one-third (or more) of the total U.S. rice crop.[20] It also sells its rice and oil products through its e-commerce site, food-service distributors, and retail locations across the United States.

Products and services
Riceland storage in Stuttgart

Rice milling

Riceland operates five rice mills and two parboiling plants operate at rice milling centers in Stuttgart and Jonesboro, Arkansas.[21]

Grain storage

Riceland is recognized as one of the nation's top 10 grain storage companies.[22]

Food service products

Riceland supplies rice and oil products to the food service industry. [23]

Edible oils

Riceland's edible oil refinery at Stuttgart refines crude oils extracted from soybeans and rice bran into oil and shortening products. Corn, canola, peanut and cottonseed oils are also refined and blended.[24]

References
  1. "Encyclopedia of Arkansas". Encyclopedia of Arkansas. Retrieved 2023-09-26.
  2. PBH Nature's Amendment
  3. Leader, Stuttgart Daily (2022-05-12). "Riceland members select John Hamilton for board of directors". Stuttgart Daily Leader. Retrieved 2023-09-26.
  4. "Riceland Foods Investing $13M to Expand Arkansas Rice Plants". Food Manufacturing. 2021-12-10. Retrieved 2023-09-26.
  5. Income, revenue climb at Riceland Foods. EBSCO Host Connection,January 2008
  6. Rice Milling..
  7. Riceland Foods Sales At $1.3B For Fiscal Year. Associated Press, 25 Nov. 2009,
  8. Arkansas Business
  9. Riceland Reports $1.1 Billion in Sales. Arkansas Business,18 Nov. 2011.
  10. Arkansas Agriculture Interests Strengthen Revenues. Arkansas Business, 20 May 2013.
  11. Riceland reports best year in history at annual meeting Stuttgart Daily Leader. 22 Nov 2013
  12. Stuttgart Rice Mills Make Top 100 List of U.S. Cooperatives, October 8, 2015 Talk Business & Politics, Oct 8, 2015.
  13. Riceland sales total $1 billion-plus for 7th consecutive year Stuttgart Daily Leader. 25 Nov 2014
  14. Stuttgart Rice Mills Make Top 100 List of U.S. Cooperatives, October 8, 2015 Talk Business & Politics, Oct 8, 2015.
  15. Riceland reports $1B in Sales for 8th year in a row Stuttgart Daily Leader, Nov 20, 2015.
  16. Riceland reports $1B in Sales for 9th year in a row Stuttgart Daily Leader, Nov 7, 2016.
  17. "Riceland Foods Revenue Hits $1.2B". Arkansas Business. Retrieved 19 May 2023.
  18. "Riceland Foods Reports $1.2B in Revenue at Annual Meeting". Arkansas Money & Politics. Retrieved 19 May 2023.
  19. "Riceland Foods reports $1.2 billion in revenues". Talk Business & Politics. Retrieved 19 May 2023.
  20. "Community Profile: Ducks and Rice Are Staples in Stuttgart, Ark". www.stlouisfed.org. Retrieved 2023-09-26.
  21. "Changing Landscapes: From "The ASU Story" to Modern A-State: City History". Changing Landscapes: From "The ASU Story" to Modern A-State. Retrieved 2022-11-30.
  22. "Table 20. Largest U.S. Grain Storage Firms". www2.econ.iastate.edu. Retrieved 2022-11-30.
  23. "Foodservice Rice". www.riceland.com. Retrieved 2022-11-30.
  24. "Home". Rito Partnership. Retrieved 2023-09-26.
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