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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.
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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
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
New USB Structure & Initial FY13 Allocations Action Teams MEAL $20.5 million OIL $14.5 million FREEDOM TO OPERATE $12.6 million CUSTOMER FOCUS $22.5 million Target Areas ↓ DOMESTIC OPPORTUNITIES INTERNATIONAL OPPORTUNITIES SUPPLY COMMUNICATIONS
Transition to New USB Structure • 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
USB Support to ASA • 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
Jim Stillman, Vice Chair United Soybean Board Phone: 712.852.4598 Email: still1@ncn.net www.UnitedSoybean.org