Importing Images from Camera Raw to Premiere Pro

As Meg said, the process, according to your questions would be CAMERA RAW > PHOTOSHOP (PSD) > PREMIERE. This process will "bake" your color adjustment into the PSD. You can use RAW VIDEO in Premiere but stills are another matter. or convert your stills to a raw video format to retain the flexibility of color grading but this would assume you wish to adjust color in Premiere. My guess is that you are preferring to work in Camera Raw. If this is true, the following is the ultimate method (right now) of keeping your files in RAW and retaining any work you have done in Camera Raw:

• Import your RAW stills into AFTER EFFECTS. This will launch Camera Raw.
• Use CAMERA RAW to adjust your Raw Photo. Press OPEN IMAGE to bring into After Effects
• Cut Image into your Composition and save
• Import AE project/composition into Premiere dynamically

Kind of a dirty workflow but it works and is the least destructive option. This will retain all changes and keep your file raw. Obviously the file rasterizes in Premiere--however, you will be able to manipulate the RAW file in AE which will automatically update in Premiere. The reason this works is that After Effects is like an "Animated Photoshop" and can ingest most RAW STILLS and VIDEO formats and it works wonderfully with Premiere.

FORMATS AE SUPPORTS

Camera raw (TIF, CRW, NEF, RAF, ORF, MRW, DCR, MOS, RAW, PEF, SRF, DNG, X3F, CR2, ERF)

Note: This is what Adobe lists, however, we have found that many more formats are supported beyond this list.

For Reference:

File Formats that Premiere Supports

File Formats that After Effects Supports