What’s New With Wheat

Cindy Zimmerman

Caught up with the execs of the National Association of Wheat Growers and U.S. Wheat Associates at the 2012 Commodity Classic to find out what’s new with wheat.

What’s really new for NAWG is a brand new scholarship program with BASF just announced at the Classic, and CEO Dana Peterson says they are happy about the scholarship but sad about the circumstances that brought it about. “We are pleased to join with BASF to honor a longtime friend of wheat, Mr. Jerry Minore. He passed away just recently from a sudden illness and we were sorry to see him go,” Dana said.

Because Jerry just passed away less than a month ago, the details on the scholarship are still being developed, but Dana says they will be announced soon and available on the NAWG website.

Dana says they are thrilled with the record turnout of over 6,000 producers at Classic this year and pleased to celebrate their fifth year being one of the commodity groups that join together for the event.

Listen to my interview with Dana here: NAWG CEO Dana Peterson

I also spoke with U.S. Wheat president Alan Tracy at the wheat industry booth and he told me how excited they are about export opportunities in Asia, noting that they just celebrated their golden anniversary in Philippines. “In Asia, we continue to do very well,” he said. “I just returned from the Philippines where we celebrated the 50th anniversary of our having an office there in Manila.”

Alan says the Philippines have become at least the 5th largest market for U.S. Wheat. “This year it’s going to be 95% of their wheat comes form the United States,” Alan said, adding that the export market makes up about half of the U.S. crop in a given year.

Listen to my interview with Dana here: US Wheat President Alan Tracy

2012 Commodity Classic Photo Album

Coverage of the 2012 Commodity Classic Show is sponsored by BASF and New Holland
Audio, BASF, Commodity Classic, Trade, Wheat