Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

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Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair United Soybean Board (USB)

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Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair United Soybean Board (USB). Global Vegetable Oil Stocks/Use Ratio. Source: John Baize & Associates. - PowerPoint PPT Presentation

Transcript of Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

Page 1: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

Soy Checkoff Reportto

American Soybean Association (ASA)Jim Stillman, Vice Chair

United Soybean Board (USB)

Page 2: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

Global Vegetable Oil Stocks/Use Ratio

Source: John Baize & Associates

10.6%

9.7%

8.8% 8.7%

9.5%9.1%

8.1%8.6%

10.5%9.8%

8.7%8.1%

0%

2%

4%

6%

8%

10%

12%

2000/01 2001/02 2002/03 2003/04 2004/05 2005/06 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12

Page 3: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

Do you think that research on new uses funded by the Soybean Checkoff has helped to develop any new uses for soybeans?

Source: USB Winter 2012 Soybean Producer Attitudes Survey

Page 4: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

ASA & USB Code of ConductMemorandum of Understanding

USB’ s New Long-Range Strategic Plan

USB Organizational Assessment & Changes

Next Steps for USB/Soy Checkoff

Soy Checkoff Report

Page 5: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

CUSTOMER FOCUS

$22.5 million

FREEDOM TO

OPERATE

$12.6 million

OIL

$14.5 million

MEAL

$20.5 million

DOMESTIC OPPORTUNITIES

INTERNATIONAL OPPORTUNITIES

SUPPLY

COMMUNICATIONS

Action Teams

Target Areas ↓

New USB Structure &Initial FY13 Allocations

Page 6: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

Project/Tactic Planning for FY 2013 collaborative approach projects, tactics approved by current committees, aligned

with Action Team categories• Meal, Oil, Freedom to Operate, Customer Focus

December 2012 Action Teams appointed projects/tactics transition to Action Teams

Transition to New USB Structure

Page 7: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

Federal Farm Program Analysis

Trade Policy Analysis

Partner in Soy Transportation Coalition examine alternative funding mechanisms for maintenance, upgrades study on tax incentive for rail improvements

Freedom to Operate initial analysis of existing/future regulations, costs, options for future

Regional Exchange & Awareness Programs (REAP)

Co-sponsor Conservation Legacy Contest

International Soybean Growers Alliance

Commodity Classic, more

USB Support to ASA

Page 8: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

USB Summer Meeting July 18-19 Williamsburg, Va.

Soy Industry CONNECTIONS December 4-5 St. Louis

USB Annual Meeting December 6-7 St. Louis

Beyond Spring/Summer/Fall Work

Page 9: Soy Checkoff Report to American Soybean Association (ASA) Jim Stillman, Vice Chair

Jim Stillman, Vice ChairUnited Soybean BoardPhone: 712.852.4598Email: [email protected]

www.UnitedSoybean.org