In a medium saucepan, combine the 1 cup dry medium grain rice, 2 tablespoons dry ranch seasoning, 1 tablespoon butterand 2 cups water. Heat over medium-high heat until it comes to a full boil.
Place a cover on the pot and reduce the heat to low until just simmering. Allow to cook for 15-20 minutes.
Remove the cover and fluff the rice with a fork. Turn off heat, returning the lid and allow to sit for 5 minutes before serving.
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