Midwestern State of Texas Adding Ag to Their Business Curriculum

The Hardin Administration Building on the campus of Midwestern State University in Wichita Falls, Texas (United States). Photo courtesy of Wikipedia.

Texas’ Midwestern State University announced at the end of January the addition of an agriculture division to their business curriculum, beginning in the fall of 2018.

Agriculture will be a subject of concentration for students to choose when taking economics as their major course of study. The school believes this new option will be attractive to students who come from the area, where there is a large amount of agricultural business.

“We believe that tying the concentration for agribusiness to the community will yield many benefits to all. This area is particularly rich in farming and ranching knowledge because of the farmers, ranchers, and their families who have been here for many generations,” said Dr. Robert Forrester, Dillard Distinguished Professor of Finance.

The new division is supported with funding from Carol Dillard, a rancher from the area who wishes to see her vision to educate future ranchers and farmers implemented successfully.

“The Dillard family’s generosity and support through the years has made the single biggest difference in our ability to enhance preparation for careers in business in this region,” said MSU President Suzanne Shipley.

Speculation on Name of DowDupont Spinoff

Curious about what the recently-merged DowDupont’s agribusiness arm will be called? Based on evidence from newly registered domain names from the organization, it seems Corteva is a good guess for the Delaware-based agricultural business.

The company has registered several website domains featuring the word Corteva, according to Domain Name Wire. DowDupont did not confirm this new name for their agribusiness division, one of three new companies that will be spun off as a result of the August mega-merger of Dow with Dupont.

“We will not comment on speculation regarding the new Agriculture company name because no decisions have been made regarding names for the new intended Agriculture or Specialty Products companies,” a spokesperson for DWDP said. “The company routinely registers a variety of domain names as part of standard business practice, including the names of actual and potential company products. We expect to announce the new name in Q1 2018.”

WHO Asks Farmers to Desist From Using Antibiotics on Healthy Livestock

London, 11th July 2012. Dr. Tedros Adhanom Ghebreyesus. Photo courtesy of DFID – UK Department for International Development.

Director-General of the World Health Organization, Tedros Adhanom Ghebreyesus demanded that farmers resist using antibiotics on healthy animals in order to promote growth and as a prophylactic measure against infections.

He said that the practice is a serious “security threat,” similar to “a sudden and deadly disease outbreak.” The overuse of antibiotics on livestock has led to an increase in the number of drug-resistant bacteria and an increase in their level of danger to human health.

Ghebreyesus added that the world will have to exert a “strong and sustained action across all sectors” to combat the dearth of effective antibiotics for humans and reverse the trend of bacterial resistance in order to “keep the world safe.”

The UN statement includes the WHO’s strong recommendation of an “overall reduction in the use of all classes of medically important antibiotics in food-producing animals, including complete restriction of these antibiotics for growth promotion and diseases prevention without diagnosis.”

Such unrestricted use of antibiotics promotes the creation and spread of dangerous infectious agents known as “superbugs;” bacteria that are resistant to many types of antibiotics of increasingly stronger quality.

The statement also included the assertion that in some countries about 80 percent of all consumption of medically important antibiotics was by animals, most of which are healthy. The drugs are used to promote growth and prevent illness in livestock. The WHO said such use of medically important antibiotics needs to end immediately.

In the case of sick animals, before antibiotics are administered tests should first be conducted to decide what the best treatment is in each specific case. The unrestricted use of important medicine is dangerous and leading the world to an unpredictably dangerous future.

Kemin Industries to Expand in Des Moines

Kemin Industries, a maker of nutritional ingredients sold globally, is negotiating a deal to buy about 24 acres of industrial land owned by the city of Des Moines, Iowa. The company wants to

Aerials of Des Moines, Iowa from 10,000 feet May 6, 2017. USDA photo by Preston Keres.

enlarge its international nutritional ingredient business in the Agrimergent Technology Park on the southeast part of the city. Kemin has its corporate headquarters situated in the tech park, as well as its advanced molecular research center.

The company just opened a new expansion, a corporate office with 94,000 square feet of space, including labs and a fitness center. The new space cost $30 million and opened this past August.

What Kemin will do with its new land purchase has not been announced. The company stated that it “anticipates the area containing a mix of manufacturing and warehouse functions.”

“It’s very positive. This area has been sitting undeveloped for a long time,” said Terrance Vorbrich, a city of Des Moines economic development coordinator.

Women in Agribusiness Summit Scheduled for September 26-28, 2017

Women in agribusiness want to change the world. At the 6th annual Women in Agribusiness Summit, to be held in Minneapolis, Minnesota at the Hyatt Regency, women will discuss how science and technology will address the most pressing issues of our times, including hunger, sustainability and climate change.

The summit will feature Jack Bobo, senior vice president and chief communications officer at Intrexon, who will speak about the role technology, media and public perception will determine the condition of the world in the next 30 years or more.

The 600 women who will be participating will hear about global trends in food and agriculture. Discussions will also consider the relationship between food safety and the public’s perception of risk, and how companies create trust.

Shannon Hauf will discuss the new gene manipulation technology known as CRISPR, which has the potential to create a revolution in food industry. Hauf will relate to the new technology’s possible impact on agriculture, new regulations and legislation, and will predict where she believes this tool will take us in the future.

The summit will facilitate women to share best practices and strategies during three days of presentations by experts, with ten hours of networking with innovators and rising stars, with an emphasis on the sharing of information.

Jon Alcorn New Head of Agribusiness at Suncrest Bank

Jon Alcorn will become the new head of Suncrest Bank’s Agribusiness Division in Fresno, California. The announcement was made on August 7, 2017.

“John brings over 35 years’ experience in both agribusiness banking and hands-on farm management. His appointment reflects our continuing commitment to the Central Valley’s agricultural sector”, said Ciaran McMullan, President and CEO of Suncrest Bank. “Accurately underwriting agricultural credit in California requires both technical industry knowledge as well as experience of multiple cycles in commodity prices and land values, across a wide variety of crop types.” McMullan added. “John’s deep knowledge of these cycles makes him a highly qualified addition to our Agribusiness team.”

The president of the Fresno Market, Jennette Williams, also commented on the appointment of Alcorn.

“We are delighted to have someone with John’s know-how join our Fresno team. Fresno County is regularly ranked one the highest ag-producing counties in the US, and is a great market for Suncrest to grow its farm lending portfolio.”

Before Alcorn joined with Suncrest he was the chief of the Field Inspection Department of the Western United States, for Rabobank. He was there in a variety of capacities from 2005. Prior to his stint at Rabobank he worked for the Anderson Clayton Corporation as a Loan Officer. Before joining ACC Alcorn worked in farm management as the Almond Crop Manager for Harris Farms and the Ranch Manager for Clark Brothers.

Logan Schoon Honored by Minnesota FFA Association

Logan Schoon, a Menahga FFA member, was recognized by the Minnesota FFA Association as the 2017 Star in AgriBusiness, one of the association’s highest honors.

Schoon has been working as a construction foreman for Kevin Kocurek as his supervised agricultural experience (SAE). At the moment, he is working on a multi-million-dollar project, and has been involved in his SAE for more than a year and a half. While working Schoon has acquired many skills, including carpentry, electrical, roofing and installing rafters.

“Since day one of working on the house, pouring the footings, I have taken great pride in my work,” said Schoon. “This job has taught me many things. The biggest accomplishment is looking at the work I have done and seeing how the hard work has paid off.”

Schoon explained that his SEA has helped him make the decision to study heavy equipment operation and maintenance at his school of choice, Central Lakes College in Staples, Minnesota.

Goat Meat Gaining Popularity in the USA

This is a classic and delicious Moroccan dish, called a Tajine, made out of goat meat and quinces. The sweet-salty mix, along with the herbs and local spices give this dish its delicious personality. Picture courtesy of Magda Baidan.

According to a study conducted at the University of Missouri extension, American consumers of meat are beginning to purchase goat meat in addition to the standard animal protein stables of beef, pork and poultry.

Goat meat is purported to be a healthier choice than the usual animal proteins eaten in the US, and is enjoyed by 75 percent of the rest of the world on a regular basis. Goat meat is less fatty than beef per gram of protein, and has less saturated fat than chicken. Goat meat is also loaded with iron, more per serving than beef, chicken, pork or lamb.

“Consuming goat meat hasn’t been part of our culture, but its popularity is rising as people search for healthy, lean, hormone-free sources of protein,” said Lindsey Stevenson, nutrition and health specialist for University of Missouri Extension.

Goats raised in the US must adhere to strict USDA regulations and inspections. Production practices must be hormone-free and antibiotics can only be used within federal guidelines.

“Look for goat meat sold at traditional grocers or specialty markets. Goat meat can also be ordered online,” added Stevenson.

Want to get started trying goat meat? Stevenson suggested an easy recipe here.

Irish Dairy Acquires US Ingredients Company

The largest exporter of Irish dairy products, Ornua, recently purchased CoreFX Ingredients, a division of MCT Dairies, Inc. together with a powder production factory in Orangeville, Illinois.

The purchase is Ornua’s first such specialty dry ingredients production facility in the United States. The company already owns ordinary ingredients production facilities in Spain, Saudi Arabia and the United Kingdom, as well as in the US.

The new company will be known as CoreFX Ingredients LLC. Ornua is planning to continue to grow the scale and capability of the new acquisition via customer-led innovation, team expertise and new dairy technologies. Ornua is investing in the growth of the facility’s technical output plus in a new Customer Innovation Center in its headquarters in Chicago.

CoreFX Ingredients, which is headquartered in Chicago, uses spray drying and blending technologies. Serving a wide range of markets from snack foods, to sports nutrition, soups/sauces and salad dressings, baby food, desserts, bakery and dairy, the company supplies cheese and lipid powder ingredient solutions for food manufacturing companies.

Kevin Lane, CEO of Ornua commented on the deal:

“This acquisition is another key milestone in Ornua’s US expansion programme and is in-line with our strategy to invest in high growth and profitable dairy businesses. CoreFX Ingredients will provide our Ingredients division with greater scale and enhances our capability to deliver bespoke ingredient solutions to our customers. Importantly, we can share its dairy technologies across all of our ingredient operations around the world and in turn drive growth.”

Obama Cancels Meeting After Philippine President Insults Obama’s Mom

Rodrigo Roa Duterte. Photo by Malacañang Photo Bureau

Rodrigo Roa Duterte. Photo by Malacañang Photo Bureau

You don’t mess with the POTUS and then expect a meeting, as US President Barack Obama proved to his Philippine counterpart, Rodrigo Duterte.

Affronted by the possibility that Obama was going to express disapproval of the extrajudicial killings that have been taking place by the thousands in the context of the Philippine “war on drugs,” Duterte was said to have called Obama’s mother an insulting epithet. In response, President Obama cancelled the scheduled meeting which was going to discuss agribusiness issues and other issues of relevance to the US and other Asian countries.

President Duterte express regret about his comments insulting President Obama. It is estimated that about 1,300 people have been killed since the Philippine President launched is war on drugs, most of them without the benefit of a trial. An additional 650,000 have turned themselves in as drug addicts, hoping to get treatment instead of a bullet. Unfortunately, the country is not in a position to offer any real assistance to these addicts.

Wisconsin Welcomes Participants to 18th Annual National Value Added Agriculture Conference

2011_logo_7594642DD4086The Park Hotel in Madison, Wisconsin, will be the venue for the 18th yearly National Value-Added Agriculture Conference, to be held on July 21st and 22nd. The event is designed to focus on the interests of farmers, service providers, extension specialists and community leaders.

According to business development specialist Kietra Olson of the state Department of Agriculture, Trade and Consumer Protection, there will be participants from across the country as well as experts from far and wide.

“We have speakers coming from around the United States to talk about agri-tourism and rural and urban economic development, local and regional food systems, alternative-energy technology, supply-chain issues, and a lot more,” Olson said.

Wisconsin is the perfect place for a meeting of this kind. With 77,000 farms, almost all of which are family owned, Wisconsin has more farms than any other state. In addition, it is the leading state in terms of diversity of produce.

The state’s agriculture industry generates close to $60 billion each year in economic activity. This year’s conference theme is entrepreneurship and expanding rural economies through innovation and outreach to new markets. Olson pointed out that today’s farmers need to know much more about their industry than just planting and harvesting.

“Outreach programming for market expansion as it’s related to value-added processing: grant writing, entrepreneurship, aquaponics and soil-health topics, financing value-added products, things like that,” she said.

US Agribusiness Sees Potential in Cuba

Official photo of United States Senator Chuck Grassley (R-IA)

Official photo of United States Senator Chuck Grassley (R-IA)

With the lifting of the US embargo on trade with Cuba US agribusiness is anticipating some benefits to their own economic sector. The American Farm Bureau and other farm groups are pushing for increased trade in agricultural goods when the embargo is nullified.

Senator Chuck Grassley, Iowa senator, is refraining from participating in the flurry of excitement the lifting of the trade embargo has been generating. Even if the end of the embargo means more agricultural products will be sold to Cuba, Grassley is still not moved to support the historic event. He believes that when it comes to the “give and take” of negotiations of the new trade arrangement, Cuba is going to get the better end of the deal.

The Senator points out that even with the embargo still in place farm sales to Cuba has been improving.

“There’s already a provisions that have even been liberalized beyond what they’ve been through maybe ten years for agricultural foods to go there along with medicine, pharmaceuticals, medicinal things. So I don’t know whether we have to be so concerned just for agriculture,” said Grassley.

Senate Taking Steps to Open Cuban Market to US Agribusiness

Official portrait of U.S. Senator Heidi Heitkamp (D-ND).

Official portrait of U.S. Senator Heidi Heitkamp (D-ND).

Prices for essential commodities such as wheat, corn and oil have been heading south for quite some time due to their current global surplus. One way to bring prices up would be to open new markets, which can often be elusive. However, one such new market is hovering just over the horizon: Cuba.

At the moment the US, under the initiative of US President Barak Obama, some decades-old restrictions on trade with Cuba have been, or are in the process of being lifted. Unfortunately, that trade embargo continues to disallow the crucial financing that agribusiness in the US would need to send agricultural products to the communist island just 90 miles south of Florida. Agribusiness is hoping that this status-quo will change.

There is a revisiting now in the US Senate of bi-partisan support for legislation which could help agriculture exporters sell their wares in Cuba. Senator Heidi Heitkamp of North Dakota, along with 13 co-sponsors are energetically pushing the Senate to pass Heitkamp’s bill. The Agricultural Export Expansion Act of 2015 would lift the present ban on companies and private banks which supply the financing for the export of agricultural products to Cuba.

Further support for agricultural trade with Cuba is coming from US Secretary of Agriculture Tom Vilsack. Vilsack has requested the funding of a US Department of Agriculture (USDA) field office in Cuba as part of the upcoming federal budget which was sent to Congress on February 9, 2016.

All good news for agribusiness in the US and in Cuba.

Canadian Agribusiness Looking for Workers

Need a job? The place to look might just be in the world of agribusiness, especially in Canada. One industry researcher has discovered that although more people have been applying for jobs in Canada’s agribusiness sector in recent months, there is still a critical labor shortage in some sectors of agribusiness.

“People have said that they have received more resumes this year than in previous years,” said Debra Hauer, project manager at the Canadian Agricultural Human Resource Council (CAHRC).

The majority of the jobs available are in the business end of agriculture, such as input suppliers, truck drivers, and marketing, sales and finance.

Job losses in the oil industry could be contributing to the increase in job applications in agribusiness, but Hauer did not want to speculate on what this trend means for agribusiness on a long-term basis.

The collapse of crude oil prices led to the loss of about 30,000 jobs during 2015 in Alberta, Canada’s natural resource industry, says Statistics Canada.

“There may be some people who are running out of EI (employment insurance) at this point in time, and may be running out of other options — that’s just starting out,” Hauer said.

Michael LaPlant to Become VP for Agribusiness of UMB

UMB Bank announced that it was elevating Michael LaPlant to the position of vice president of its agribusiness division.

As vice president LaPlant will be responsible creating new agribusiness relationships while simultaneously guiding clients to a focused strategy. LaPlant was previously a commercial lender with UMB.

LaPlant has a double degree in finance and real estate from the University of Missouri. He also spends time volunteering with Young Friends of the Zoo, Young Friends Marian Middle School, and United States Junior Chamber of Commerce.

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