MGEX Sets New Open Interest Record

John Davis

mgexMGEX has set a record for its highest open interest total in its 135-year history. This news release from the trading organization said it closed the day Tuesday at 82,279.

This breaks the previous record of 82,056 set on April 17, 2014. The Exchange has seen an increase in open interest each of the past seven days and has now recorded eight top 25 open interest days this month.

The major surge in open interest has been gradually taking place since last summer and has spiked rapidly in recent weeks. Since June 29, 2015, open interest has increased by more than 22,000, totaling a change of 38 percent in just under seven months.

Markets

NFMS Will Hear From Ag Executive Panel

Taylor Truckey

aemThe Association of Equipment Manufacturers (AEM) will be hosting an agribusiness panel discussion featuring some of agriculture’s leading manufacturers at the National Farm Machinery Show. On February 10, the AEM Ag Executive Outlook panel will discuss key issues including the future of agriculture, new technologies, and the vital role of ag advocacy at the local and national level.

The AEM Ag Executive Outlook will be held from 2 to 4 p.m. on Wednesday, February 10 in the AEM I Make America Room (South Wing C 201) of the Kentucky Exposition Center.

“This is an opportunity to gain insights directly from the leadership of some of the major manufacturers gathered on the same stage, as they share their experiences and thoughts on what’s next in agriculture and how that will affect agribusiness and life on the farm,” said Charlie O’Brien, AEM senior vice president.

The session will be moderated by Max Armstrong from ‘This Week In AgriBusiness’ and Penton Agriculture, and includes time for questions from the audience.

Panelists for the AEM Ag Executive Outlook include:
· Mark Core, Vice President & CMO – Vermeer Corporation
· Jim Walker, Vice President – Case IH NAFTA
· Linda Salem, President – Great Plains Manufacturing
· Leif Magnusson, President – CLAAS Global Sales Americas Inc.
· Nick Yaksich, Senior Vice President – AEM

Topics for discussion include:
· Advocacy and the issues: RFS, WOTUS, rural broadband, pollinator health, Section 179, etc.
· A look ahead at agriculture equipment technologies
· The future of agriculture from equipment manufacturers’ perspective
· As well as, taking questions from those in attendance

The panel will be open to all show participants.

AEM, Ag Groups, Agribusiness, Equipment, National Farm Machinery Show

USPOULTRY Elects New Chairman

Lizzy Schultz

HIll_2016USPOULTRYChairmen The U.S. Poultry & Egg Association (USPOULTRY) elected a new chairman at a board meeting held during the 2016 International Production & Processing Expo (IPPE). Previous vice chairman of the board, Paul Hill, of Ellsworth, Iowa, was elected into the position, and was presented with the time-honored “working man’s gavel” by Sherman Miller, the 2015 chairman.

Hill is a native of Iowa, and received a BA in economics from St. Olaf College in Northfield, Minnesota. He was instrumental in the founding of West Liberty Foods, a farmer-owned turkey processing company, in 1996, and currently serves as chairman of the company. He is also president of Circle Hill Farms, as well as a past chairman of the National Turkey Federation.

Listen to Chuck’s full interview with Paul here:
Interview with Paul Hill, USPOULTRY Chairman

2016_USPOULTRYExecutiveCommittees The board also elected several other members to new positions within the USPOULTRY Executive Committee. Jerry Moye, of Siloam Springs, Arkansas, was named vice chairman. A graduate of Washington College in Maryland, Moye has worked in integrated chicken production for several large US integrators, and currently serves as president of Cobb-Vantress.

Tom Hensley, of Baldwin, Georgia, was named treasurer. Hensley graduated with a degree in business from Marshall University in West Virginia, and is currently president of Fieldale Farms, where he has worked for 38 years, as well as a member of Fieldale Farms Corporation board of directors.

John Prestage, of Clinton, North Carolina, was named secretary. Prestage graduated with a BS in Animal Science from North Carolina State University. He has served the poultry industry in various capacities on boards and committees, and is currently senior vice president of Prestage Farms. He has been with the company since its inception in 1983.

Sherman Miller, of Jackson, Mississippi, is immediate past chairman. He received his degree from Mississippi State University, and joined Cal-Maine Foods in 1997. He has worked in a variety of positions in the company, and is serving as their chief operating officer.

“I look forward to the leadership and guidance these officers will provide our organization,” remarked John Starkey, president of USPOULTRY.

Photos from IPPE: 2016 IPPE Photo Album

Coverage of the International Production and Processing Expo is sponsored by
Coverage of the International Production and Processing Expo is sponsored by NOVUS
Ag Groups, IPPE, Poultry

John Deere Strengthens Partnership with FFA

Kelly Marshall

johndeerelogoJohn Deere has been partnering with the National FFA Organization to ensure the future of agriculture for more than 72 years.  2016 will continue the tradition of providing opportunities for members of the FFA to grow into leaders who can strengthen their communities as well as agriculture.  John Deere has pledge one million dollars annually for the next five years to continue to build the FFA program.

“John Deere has been a deeply loyal and generous partner of FFA for many years,” said Molly Ball, National FFA Foundation President. “The announcement of this continued commitment with this multi-year gift speaks volumes to their dedication to the future of agriculture and FFA. Through gifts like this, we are able to continue to pursue our mission and strengthen the future leaders of agriculture and agricultural education.”

ffaJohn Deere’s Corporate Citizen’s program focuses on education, making them an ideal partner for an organization that offers members the chance to learn about agricultural literacy, advocacy, agriculture knowledge, career exploration, leadership development, food security and service engagement.

Deere’s support through the years has allowed FFA to deliver its mission to millions of members. Their gifts have supported the National FFA Organization’s Career Development events, Proficiency Awards, National Chapter Awards, Agriscience Fair, and leadership conferences for state officers. Deere is also a key supporter of the National Association of Agricultural Educators, as well as the FFA scholarship program, in conjunction with John Deere dealers.

In addition to monetary support, Deere employees have an active FFA Alumni Chapter. Since 1947, five John Deere representatives have served in the role of the National FFA Foundation Sponsors’ Board Chair, including Cory Reed, senior vice president, Intelligent Solutions Group, who headed the group last year.

“John Deere is privileged to partner with such an esteemed and valuable organization as FFA”, said Amy Allen, Manager, National Corporate Contributions. “We look forward to continuing our partnership and shared commitment to tomorrow’s Ag leaders.”

Ag Groups, Agribusiness, FFA, John Deere

Novus Focusing on Innovation at IPPE

Lizzy Schultz

scott-hine-novus The animal nutrition innovators behind Novus International are on hand at this week’s International Production & Processing Expo (IPPE) to meet with customers and industry professionals. Scott Hine, Chief Innovation Offer for Novus, sat down with AgWired during the event to discuss some of the company’s innovative plans for the future, as well as their ongoing mission to use innovation in an effort to improve global sustainability.

“2016 is our 25th anniversary, and we’re really excited to keep taking the agenda that we’ve built, which includes a long history of methionine and has moved into a number of specialty products, minerals, and platforms for antibiotic-free which offer us real opportunity to change the way the industry works,” said Hine.

Hine also discussed how Novus is working to aid and assist customers as major demand for change has begun to propel the industry, leaving many producers concerned about increasing regulatory pressures and the impact of the public’s volatile perception of livestock production.

“Our customers have a lot more regulatory pressure, as well as the pressure of the consumer, the ultimate customer out there,” he said, “Right now the buyer is saying ‘what is the industry doing? What does it look like?’ And we have to move with those times, so we build innovation into what we do, we build sustainability into what we do, and we make sure the products we’re producing and providing to our customers offer some benefit that’s going to help the industry be more sustainable over its long haul.”

As change continues to shape the industry, as well as the economy behind it, Hine maintains a positive, confident outlook on the future, for both this company and its customers.

“Sure there’s been hiccups around the world, but we see opportunity to still grow the industry and have it perform well,” he said. “That’s why we’re here, my expectation is to come out of the gate this week with some excellent, excellent information.”

Listen to Chuck’s full interview with Scott here:
Interview with Scott Hine, Novus International

Photos from IPPE: 2016 IPPE Photo Album

Coverage of the International Production and Processing Expo is sponsored by
Coverage of the International Production and Processing Expo is sponsored by NOVUS
IPPE, Novus International, Poultry, Technology

2016 CIC & NCBA Trade Show in Sunny San Diego

Jamie Johansen

cic-16-6-editedI have touched down in warm and sunny San Diego for the 2016 Cattle Industry Convention & National Cattlemen’s Beef Association (NCBA) Trade Show. Cattlemen & women from across the country have made their way West to take in the latest beef industry issues and network with fellow cattle producers. The trade show is like no other and the Cattlemen’s College tackles all the current issues and trends impacting beef production.

I will be here all week gathering audio content, photos and maybe sending some sunshine your way. Please feel free to download and use for your broadcasts, publications, websites and/or social media channels. A special thanks to our event sponsor New Holland Agriculture for making our coverage possible.

2016 Cattle Industry Convention & NCBA Trade Show Photo Album

Coverage of the Cattle Industry Convention is sponsored by Coverage of the Cattle Industry Convention is sponsored by New Holland
Ag Groups, Beef, Cattle Industry Conference, Events, NCBA, New Holland

Family is Emphasis of Corn Growers Photo Contest Winner

John Davis

Fields-of-cornThe grand prize winner in the National Corn Growers Association’s (NCGA) 2015 Fields of Corn Photo Contest struck a special chord with the judges as it highlighted the joys of family farming and sharing a love of agriculture with future generations. This news release from the NCGA says the photo of a father and young daughter playing in a corn field by Krista Kappes of Ada, Minnesota, was picked as the best of the best of more than 240 photos entered and judged online by thousands of viewers.

“For the second year in a row, we opened up a photo contest to the general public, and we’re very pleased with the high quality of the results,” said NCGA Graphic Communications Designer Beth Musgrove. “We’ve already started using some of these images on our websites and in our publications, and they help us tell the farming story in a more powerful and meaningful way.”

Kappes took a moment to share her story behind the photo and provide insight into how to capture the amazing story of farming. To listen, click here.

Linnae Carlson, who took first place in the Farming Challenges category, offered an explanation of her winning entry, one of many photos she has collected over her 35 years of joining her passions of farming and photography.

“The photo chosen shows one of the worst rain storms we have ever had in all those years. We received 16 inches of rain in two days. I have never seen it rain that hard in all my years on this planet. Lots of local flooding of young crops. To capture this photo, I climbed up onto the top of our biggest grain bin as the last of the storm has just passed over and was still visible to the east of the farm. It was truly that dark and menacing. I hope we never see that sort of rain again. But, despite all that, we had a very good corn crop that year.”

You can see all the winners here.

Corn, NCGA

Grassroots Movement Expanding through CommonGround

Kelly Marshall

Common Ground 3CommonGround volunteer farm women from across the country met in Washington D.C. at the National Museum of American History to learn how to share their story.  Presentations from various ag groups, like the Center for Food Integrity, helped give the women tools to reach urban and suburban moms online, through public speaking, and in media interviews.  Attendees talked about prevalent consumer ideas and how to build trust to reach their audience.

“I came away from the conference with an appreciation for the idea that we need to embrace skepticism in conversations about food and farming with those outside of agriculture,” said National Corn Growers Association Grower Services Action Team Chair, Patty Mann. “Just listening to concerns and sharing values can assure others that we really do want the same things for our families.

“Many mistrust farming because they lack access to farmers and ranchers. They sense the food system has changed, but they do not understand why. The more we can find in common, the more likely consumers will be open to hearing our stories. We need to be open about what we do and own our story instead of letting someone else tell it for us.”

The conference offered both the volunteers and staff a chance to share insight into their CommonGround experiences over the past year, during which the involved states hosted more than 120 state events and grew to include more than 170 volunteers, CommonGround continued to grow its grassroots network. Since it began more than five years ago, CommonGround has sparked more than 680 million conversations with consumers.

At the event CommonGround shared its latest project, a video designed to reassure consumers about pesticide use on crops.  The video, titled “Not a Latte,” received more than 94,000 views on Facebook in the first 36 hours of its release.

CommonGround was created by the National Corn Growers Association, the United Soybean Board and their state affiliates.  The group of farm women volunteers focus on nine areas of interest: farm ownership; GMOs; food safety; antibiotics and animal health; hormones in meat and milk; organic and local foods; food prices; and sustainability, to encourage others to enjoy their food without fear.

Ag Groups, NCGA, USB

ARC Calling for Golden Awards Contest Entries

Kelly Marshall

arc-logo1The 2016 Golden Agricultural Relations Council Awards Contest is accepting new entries beginning February 1, 2016 through April 1.  This award highlights public relations professionals promoting agriculture, with an added focus on social media.  The process allows them to obtain feedback on the entries submitted and see how they compare to the best in the industry.

This year contestants will be able to submit entries online.  The entry fee is $175 with both ARC members and non-members being eligible, but the non-member entry fee is $190 to cover the cost of joining the organization.

Professionals wishing to enter the 2016 competition, with work completed in full or partially in 2015, should visit http://betternewspapercontest.com/goldenarc2016. A complete list of the 46 revised categories for 2016, reflecting the evolution of agricultural public relations and with an added focus on social media, can be found at www.goldenarcawards.com and at www.facebook.com/goldenarcawards.

New ARC members who have not entered in the past may contact Adelita at contest.manager@goldenarcawards.com or 254-445-4333 to set up a profile. This profile must be set up at least 24 hours before entries can be accepted.

Award will be presented at the ARC annual meeting in St. Paul Minnesota on June 21-23.

Agribusiness, ARC

The IPPE is Bigger Than Ever

Chuck Zimmerman

IPPE 2016Hello from the Georgia World Congress Center and the International Production & Processing Expo. The event is sponsored by the U.S. Poultry & Egg Association, North American Meat Institute and American Feed Industry Association. There are 1,300 exhibitors occupying almost a half million square feet. It’s big!

The trade show opens at 10am this morning and is where I’ll be for a portion of the day. I’ve got a number of interviews lined up to complete and share as soon as I can.

Meanwhile, Cindy and Joanna are covering the National Biodiesel Conference and Jamie is on her way to the Cattle Industry Convention and NCBA Trade Show. We’ll have a lot of great new content for you this week.

Be sure to check out complete coverage of IPPE and CIC on Animal.AgWired.com.

Photos from IPPE: 2016 IPPE Photo Album

Coverage of the International Production and Processing Expo is sponsored by
Coverage of the International Production and Processing Expo is sponsored by NOVUS
Ag Groups, IPPE, Meat, Poultry