united soybean board activities & accomplishments report
DESCRIPTION
United Soybean Board Activities & Accomplishments Report. USB February Meeting Highlights . FY12, FY13 Budget. NEW STRUCTURE / FY 2013 ALLOCATIONS. MEAL $20.5 million . OIL $14.5 million. FREEDOM TO OPERATE $12.6 million. CUSTOMER FOCUS $22.5 million. DOMESTIC OPPORTUNITIES. - PowerPoint PPT PresentationTRANSCRIPT
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UNITED SOYBEAN BOARD ACTIVITIES & ACCOMPLISHMENTS REPORT
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BILOXI, MS
Adopted New Board Structure – Aligns with Long-Range Strategic Plan
Reviewed 2012 Budget, Set 2013 Budget
Reviewed USB Activities Relating to Meal, Oil, Freedom to Operate & Customer Focus
Made FY 2013 Allocations to Programs
USB FEBRUARY MEETING HIGHLIGHTS
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FY12, FY13 BUDGETFY 2012 DECEMBER
FY 2012 FEBRUARY
FY 2013 FEBRUARY
Price $12.00/bushel $11.70/bushel $11.00/bushel
Usage 3.1 billion bushels
3.011 billion bushels
3.22 billion bushels
USB Collections $88.35 million $83.66 million $84.12 million
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NEW STRUCTURE / FY 2013 ALLOCATIONS
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
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NEXT STEPS:
TRANSITION TO NEW STRUCTURE
2013 Project Planning Collaborative approach Projects approved by current committees, aligned under Action Teams December:
Action Teams appointed Projects transfer to Action Teams
Strategic Management Committee appointed in July
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USB Meal Activities
Beyond the Elevator Campaign
Animal Nutritionist Direct Outreach
Soybean Meal Information Center
U.S. Meat & Poultry Exports
Research - Adhesives, Fibers and PaperComposition Research–Genetics/Breeding
International Product Differentiation
Global Aquaculture
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USB Oil Activities
High-Oleic Communications & Outreach to Farmers & Food Industry
Advanced Biofuels Initiative
Research - Plastics, Paints, Coatings & Inks, Solvents, Lubricants and Waxes, Rubber
Adding Value to Glycerin
Composition Research–Genetics/Breeding
International Food Industry Outreach
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Freedom to OperateActivities
Monitor Issues - DETs, Trade Agreements
Document Soy’s Sustainability
Promote Soy’s Sustainability Globally
Biotech Acceptance in Foods – Health Professionals
Identify Best Management Practices for Efficiently, Sustainably Increasing Yield
Educate Influencers, Customers and Regulators on Weed Resistance Management
CommonGround
Animal Ag Regulat
Center For Food I
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Customer FocusActivities
Buyers Conference in Southeast AsiaDefining the U.S. Soy Brand GloballyCommunications to Provide Tools
& Resources to FarmersBiobased Communications to GovernmentAnimal Nutrition Working GroupTechnical Advisory Panel Meetings Soy New Uses Technology TransferSoybean Quality Surveys/AnalysisDeveloping Tools to Measure Soybean Component Value
International Poultry
Trade Missions
Trade Team Visi
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USB LEVERAGING IN FY11
Total USB Program Funding= $82,727,021
Total Leverage = $58,501,759
Five Year Average = $51,759,773
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SUSTAINABILITY UPDATERenewable Energy Directive in Europe inaccurately labels U.S. soy as unsustainable makes U.S. soy ineligible for use in biodiesel reduces market access
Checkoff-funded research and outreach making some progress, working to overcome this obstacle
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Charged to:Understand “game changing” soybean
technologies that could emerge in next 5-20 years
Assess how technologies impact valueIdentify changes to optimize and capture
additional valueDrive rapid adoption by value chainGrow value pie for all
VALUE TASK FORCE
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ANIMAL UTILIZATION
Analysis Recommendations Package research results to ensure use Consider domestic aquaculture outlook Customer management strategy Assist further down the supply chain Coordinate key messages
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YOU ARE INVITED!MEETINGS
USB July 18-19 Williamsburg, Va.
CONNECTIONS December 4-5 St. Louis, Mo.
USB December 6-7 St. Louis, Mo.
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