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
The trade agreements with South Korea, Panama and Columbia were each voted on separately and passed in rapid succession Wednesday, first by the House and then by the Senate. The votes in the House were 278-151 for South Korea, 300-129 for Panama and 262-167 for Colombia. In the Senate, it was 83-15 for South Korea, 77-22 for Panama and 66-33 for Colombia. The president is expected to sign them.
The coalition is sending out messages on Twitter this week during the
Among the bigger issues is expanding international markets for U.S. pork by getting Congress to pass the three pending free trade agreements with Korea, Colombia and Panama. “We need new and expanded markets,” said NPPC immediate past president Sam Carney of Iowa. “These FTAs combined would add more than $11 to the price producers receive for their pigs and would generate about 10,000 U.S. jobs.”
NCBA was joined by the American Farm Bureau Federation (AFBF), American Soybean Association (ASA), National Association of Wheat Growers (NAWG), National Corn Growers Association (NCGA), and National Pork Producers Council (NPPC). NCBA President Bill Donald started it all off by saying that the pending trade agreements are long overdue and the unprecedented delay is putting U.S. agriculture at a competitive disadvantage.
President Obama announced today that an agreement has been reached on the deal that was signed by the U.S. Trade Representative and the Colombian trade minister on Nov. 22, 2006. The agreement will now be sent to Congress to ratify. It is estimated that the Colombia agreement could mean U.S. agricultural export gains of more than $815 million per year at full implementation.
One of those experts was an old friend, former Secretary of Agriculture and U.S. Trade Representative Clayton Yeutter, who is pictured here with Bayer CropScience executives Mike Deall and Alan Ayers. It’s been a couple of decades since I had the opportunity to interview Clayton, so it was a real treat to spend a few minutes with him to get his thoughts on agriculture and trade policy, 2011 and beyond.
As the president of China was flying in for a quick visit to the Windy City on Thursday, representatives from China’s 10 largest soybean crushers were signing agreements to purchase 110 million bushels of U.S. soybeans during a ceremony held in Chicago. The purchase is worth $1.8 billion and more bushels are expected to be committed tomorrow. A similar purchase agreement ceremony in 2008 was largest reported single-day export sale of U.S. soybeans in history, but this buying event – which may be larger – was split into two days.
Korea’s ambassador to the United States is optimistic that Congress will pass the Korea-US Free Trade Agreement when it is submitted by the president.
Here at the U.S. Grains Council International Marketing Conference n this morning’s general session we had a panel discussion on trade with Mexico. In the discussion attendees were able to ask questions and answers. In fact, it was mostly a Q&A session. Allan Mustard, Minister Counselor, Office of Agricultural Affairs, US Embassy, Mexico City, introduced our panel.
The
The administrator of USDA’s Foreign Agriculture Service Michael Michener spoke to the