(Posted Fri. Nov 4th, 2011)
Nov. 4: National Corn Growers Association Vice President of Production and Utilization Paul Bertels spoke today to the Agriculture Future of American Alliance Forum on the global forces impacting the U.S. corn market. Held this year in Kansas City, the forum provided more than 50 young members of agribusiness an overview of international marketing trends and opportunities, along with a look at global factors impacting major U.S. agricultural commodities.
“In helping the younger members of the agribusiness community understand not only the implications of the current global grain trade situation but also how it has evolved, we ensure that our industry has the base understanding needed for continued success,” Bertels said. “In any sector, it is important that each new generation of leadership grasps the historical perspective of their trade. Through a deeper understanding, future leaders gain the overall outlook necessary to avoid many pitfalls and foresee possible opportunities.”
Bertels began his presentation by noting that, over the past three decades, U.S. corn exports have declined in comparison to total use, while overall exports remain strong especially to Japan, the largest market for U.S. corn. He went on to look at trends among sectors that generate corn demand domestically, including livestock and ethanol production. Bertels concluded by comparing the United States’ position among other net corn exporters and examining the improvements to infrastructure, policy and technology needed to remain competitive.
Bertels spoke following Dr. Joe Parcell, University of Missouri, who provided an overview of international marketing trends and opportunities. Focusing on what makes today’s agricultural export climate different from a decade ago, Parcell examined what factors now influence market production, processing and marketing.
In addition to NCGA, representatives from South America Soy, U.S. Premium Beef and the Kansas Department of Agriculture also spoke on how the new global climate impacts their specific industries.