United Soybean Board Update Jim Stillman, Treasurer United Soybean Board (USB)

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Transcript of United Soybean Board Update Jim Stillman, Treasurer United Soybean Board (USB)

United Soybean Board Update

Jim Stillman, Treasurer

United Soybean Board (USB)

United Soybean Board

Mission: Ensure that U.S. soy is of the highest quality and the most competitive in a global marketplace.

Focusing on Quality

• Protein levels to meet customer demands

• Keeping U.S. soy globally competitive

• Reconnecting the industry

USB/NOPA January Meeting

• Soybean meal’s position

• Quality concerns regional

• Improving performance• Industry change

Soybean Oil Market Share

High Oleic Soybeans

• Contracted Acreage Planned for 2011• Healthier oil: 75 percent less saturated fat

than Palm oil• Comparable yields to conventional varieties

“Food production partners will work together to enhance US consumer trust in modern food production to ensure the abundance of affordable, safe food.”

USFRA Founding Affiliates

Federation of State Beef Councils

U.S. Soybean Export CouncilFY2011 Transition Year

• Strong support and commitment to USSEC and CEO Jim Sutter

• Heightened focus on problem identification and problem solving

• Positive progress in transitions

Thank you

Jim Stillman, TreasurerUnited Soybean Board

still1@ncn.net

www.unitedsoybean.org