AgWired

This morning at AG CONNECT Expo the first session was the Ag Executive Forum. The keynote speaker for breakfast was Thomas Cunningham, Economist and Associate Research Director, Federal Reserve of Atlanta. Thanks to Mary Thompson, Farm Foundation, for taking a photo of us in the hallway during my interview with him.

According to Thomas the economy is recovering but at a very slow pace. I asked him if there was room for optimism and he said it was more like “less room for pessimism.” He says that things are pretty good for the ag sector of the economy. With people around the world building wealth they’re spending more on food. As he put it, “It doesn’t look too bad right now.” and “The world is getting wealthier and as it does that it is changing its diet.” He doesn’t see this trend reversing. I thought he made an interesting observation that in talking with ag groups they “have a good sense of history.” So the bottom line is that the ag sector is relatively healthy compared to the rest of the economy but we should keep in mind that the world has changed, mostly for the better, and make financial decisions accordingly.

You can listen to my interview with Thomas here: Thomas Cunningham Interview

2011 AG CONNECT Expo Photo Album

We’ve been talking with Association of Equipment Manufacturers (AEM) Vice President of Agricultural Services Charlie O’Brien about AG CONNECT Expo since it was first announced at Ag Media Summit in July 2008.

Now we are starting the second AG CONNECT Expo, which will be held every other year after this year, and Charlie says the show has really come together this year to be what they envisioned. “It’s certainly a larger footprint than we had last year,” Charlie says. “It feels like people really stepped it up a little bit more this year and it’s really looking good on the show floor this year.”

Charlie says it worked out very well for them to team up with American Farm Bureau, as well as other groups such as the American Society of Agricultural and Biological Engineers, to have co-located events. “That’s kind of been the strategy all along is to have key meetings associated with it and then have the trade show and the educational events as part of the trade show. We’re trying to be as efficient as we can with everybody’s time.”

Listen to my interview with Charlie here: Charlie O'Brien

2011 AG CONNECT Expo Photo Album