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United Soybean Board Activities & Accomplishments Report. USB July Meeting Highlights. 1. Adjusted 2013, 2014 budgets 2. Progress reports from action teams, target areas 3. Reviewed and approved FY14 tactical plans. FY13 Budget. FY14 Budget. High-Impact Projects.
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USB July Meeting Highlights 1. Adjusted 2013, 2014 budgets 2. Progress reports from action teams, target areas 3. Reviewed and approved FY14 tactical plans
High-Impact Projects Diversify international demand Increase yield
Other Business • SMC recommendations • Releasing funds to maintain international projects
Meal Action Team • Competition: DDGS, South American soy • Differentiating U.S. soy’s advantages • Meeting demand
Oil Action Team • High oleic: Farmer, industry outreach • Commodity oil • International sales • Industrial demand
Freedom to Operate Action Team • Sustainability • Water • Food labeling • Transportation • Public acceptance • Herbicide-resistant weeds
Customer Focus Action Team • Quality • Reliability • Customer service • Production information for farmers
Action Team Meetings • Increase the value of U.S. soy meal • Increase the value of U.S. soy oil • Ensure we and our customers maintain our freedom to operate • Meeting our customers needs for quality soy products and services.
Upcoming USB Meetings Dec. 5-6 St. Louis Feb. 4-7 Little Rock, Ark. July 16-19 Hershey, Pa.