Opening Plenary Session
Monday, September 11, 2017
Owen Wagner, Senior Economist, LMC International, will cover trends in protein content of soybean meal from the so-called "G3" countries as well as costs of delivering this product to key markets globally. He will also discuss how meal protein is valued in a global context and examine payback on investing in high protein varieties versus investments in infrastructure to deliver products more efficiently.
Brazil, Argentina and the US constitute over 85% of global exports of soybean products, by volume. To meet growing global demand for oil and proteins, these three countries have all increased production in their own way over the past twenty years. In Brazil, production has increased by pushing the agricultural frontier north and west. In the United States, soybean production has increased by capturing acreage from small grains in the north and specialty crop products in the south. Finally, In Argentina, soybean production has not pushed into new boundaries-instead increasing on the back of intensification efforts in traditional growing areas. Each of these approaches has had important implications for both the quality and landed cost of soybean product exports globally.
Michael S. Wenk, Senior Regulatory Consultant with The Acta Group (Acta®) and Bergeson & Campbell, P.C. (B&C®), will present an overview of the chemical substance, pesticide, product stewardship, and worker and workplace safety regulations developing and being implemented at an unprecedented rate in the region.
Mr. Wenk will focus on several countries that have key legislation either in process or recently enacted, such as Argentina, Brazil, Chile, Colombia, and Costa Rica among others, and will offer observations on how companies can manage their compliance obligations.