The Weekly Leader Letter is a publication of the American Soybean Association. Visit ASA at SoyGrowers.com.

The American Soybean Association is "your advocate" in Washington, and is powered by the grassroots support of 22,000 members and 25 state affiliates. 

 


This ASA Weekly Leader Letter Is Brought to You by BASF.

 

Headlines For Thursday, February 19, 2009

ASA And BASF Encourage Growers To Sign Up For 2009 SOY Challenge
States Voice Support For ASA As Sole National Policy Organization
ASA Membership Department Recognizes Leading Recruiters
Farmers from 11 States And ASA Board Answer The Call To Fight Hunger

WASHINGTON UPDATE

ASA Leaders Meet With Ag Secretary Vilsack
ASA Comments On NIFA
Implementation
Producers Wonder If ACRE Program Is Right For Them
Nutrition Programs Receive Most USDA Funding In Stimulus Bill

CHECKOFF NEWS

Healthier Oils, Healthier Future
Standing Guard Against Rust
A Map For Soybean Research

INTERNATIONAL MARKETING

Soy-Based Chicken Feeds Fetch A Premium
Demand For Full Fat Soybean Meal Increases In Vietnam
Fellowship Project Supports Ongoing Aquaculture Efforts
Women-In-Soy Program Kicks Off In Bangladesh
ASA-IM Taiwan Helps Poultry Industry Guard Against Avian Influenza

 

 

This week on the Soy Radio Newsline listen to comments from ASA President Johnny Dodson about his meeting yesterday with Tom Vilsack, the new Secretary of Agriculture. This report may be heard on SoyGrowers.com.

 

AT-A-
GLANCE

CBOT Futures 02/18/09

FAS Worldwide Weekly Sales Report as of 02/05/09
(1000 Metric Tons | Million Bushels or Pounds)

 

Settle

Net Change

This Week

Year Ago

% Change

SoyBeans

(09Mar) 887.4

-154

19,464.5

7151

17,140.3

6297

+136

SoyMeal

(09Mar) 277.4

-6.1

2,581.7

5,680

2,734.8

6,017

-5.6

SoyOil

(09Mar) 30.42

-0.73

1625

358

3505

771

-536

 

ASA And BASF Encourage Growers To Sign Up For 2009 SOY Challenge   The American Soybean Association (ASA) and BASF Corporation are encouraging U.S soybean producers to sign up for the 2009 Secure Optimal Yield (SOY) Challenge. The SOY program provides an opportunity for growers to use enhanced crop-management technology and techniques to maximize yield and profitability in soybeans In addition to the one post application of glyphosate routinely used on Roundup Ready® soybeans, SOY program test acres are to be treated with a burndown application that includes a BASF residual herbicide plus one application of Headline® fungicide at R2-R3. The 2009 program will again provide a free one-year ASA membership (new or renewal) for all growers who sign up to participate in the field trials. Growers who enroll, participate in three online training modules and submit field trial results will also receive a $200 Cabela’s Gift Card. On top of that, growers who submit a "success story" about their experience with the SOY Challenge will be eligible to win prizes that include a 2010 Dodge truck, $2,000 cash and trip to the 2010 Commodity Classic in Anaheim. Complete contest rules and the field trials sign up form are now available at www.SoyGrowers.com/SOY. Online video interviews with growers who participated in the SOY program last year also have been added recently. The sign up deadline is March 13, 2009.

States Voice Support For ASA As Sole National Policy Organization   The Illinois Soybean Association (ISA) passed the following motion Feb. 5: ISA Board of Directors recognizes the American Soybean Association as the sole national policy representative for the American soybean farmer and continues our support for the national checkoff and the United Soybean Board. Although each has a separate function and separate regulatory oversight, we expect both of these national organizations to work together harmoniously. If these two national boards are not willing or are unable to work together, we will work diligently to implement what ever changes are necessary to assure that we have programs that will address needs and issues that affect soybean farmers’ productivity and profitability. "We support ASA as the sole policy voice," said ISA Chairman David Hartke. "ASA has got a great history in Washington, D.C. It’s a national and worldwide recognized group and it would be foolish of our Board to look somewhere else. You don’t throw away that much history without trying to work through the problems." At a Board of Directors meeting following the annual meeting of the Mid-Atlantic Soybean Association on Jan. 8, the directors "reaffirmed the Mid-Atlantic Soybean Association’s support of the American Soybean Association as the single national lobbying organization for soybean farmers." Mid-Atlantic President Richard Wilkins commented that "We do want to support the fact that the ASA has been in existence since 1920 and it’s certainly one of the oldest agricultural trade and policy advocacy organizations in America. We also support the need for checkoff driven organizations and I really think that this resolution that Illinois recently passed also embodies the feelings of the Mid-Atlantic Soybean Association members… But it’s of high importance for the ASA and the United Soybean Board and the U.S. Soybean Export Council to be able to work together for the ultimate goals of increasing the success of the American soybean industry."

ASA Membership Department Recognizes Leading Recruiters   The following American Soybean Association (ASA) membership recruiters currently lead their category for FY09. Level 1 states (1000+ members): Robert Nelsen (Minn.) 43 Recruits, Earl Brandt (Iowa) 24 Recruits, Richard Bartek (Neb), 12 recruits. Level 2 states (300-999 members): Scott Hendrickson (Kan.) 72 recruits, Maynard Flatt (N.D.) 41 recruits, Elbert Dixon (N.C.) 14 recruits. Level 3 states (150–299 members): Johnny Dodson (Tenn.) 2 recruits, Mac Eaddy (S.C.) 2 recruits and Mike Holman (Tenn.) 3 recruits. Top recruiters for the month of January in each level are Robert Nelson (Level 1) 7 recruits, Maynard Flatt (Level 2) 28 recruits and Johnny Dodson (Level 3) 2 recruits. All ASA members are encouraged to recruit new members to ASA and their state soybean associations. In addition to helping build strong organizations, recruiters can earn valuable rewards from Cabela’s through the ASA Recruiter Rewards Program. Members interested in becoming a recruiter should contact ASA Manager of Membership and State Relations Rita Hiscocks at 800-688-7692, ext. 1300 to obtain a Recruiter Kit.

Farmers from 11 States And ASA Board Answer The Call To Fight Hunger   The American Soybean Association’s (ASA) World Soy Foundation (WSF) Acre Challenge Campaign is quickly gaining momentum across the country, thanks to individual soybean growers who are pledging the value of an acre of soybeans toward the campaign. "Acre Challenge is a uniquely exciting way for farmers to support sustainable nutrition. These early acre donations, like seed planted in the spring, will yield a bountiful harvest for malnourished people around the world," said Jared Hagert, member of the North Dakota Soybean Council. To date, and in addition to pledges from the ASA Board, farmers from Illinois, Indiana, Iowa, Michigan, Minnesota, Nebraska, North Dakota, Ohio, South Dakota, Tennessee and Wisconsin have pledged the value of a minimum of one acre of soybeans to the Acre Challenge Campaign. It is not too late to pledge the value of an acre of soybeans. Farmers can also visit the WSF booth, 917, at Commodity Classic this year to pledge or hear more about the Acre Challenge effort. Acre Challenge donors will get "campaign ribbons" at Commodity Classic

 

ASA's Weekly Leader Letter will not be published next week due to leader and staff participation in Commodity Classic. The next issue is scheduled for distribution on March 5.

 

 

ASA Leaders Meet With Ag Secretary Vilsack    On Wednesday afternoon, American Soybean Association (ASA) President Johnny Dodson, Chairman John Hoffman and First Vice President Rob Joslin met with Agriculture Secretary Tom Vilsack in his office at the Department of Agriculture in Washington, D.C. This meeting provided an opportunity for ASA leaders to brief the new Ag Secretary on top issues of importance to all U.S. soybean farmers. ASA emphasized the importance of regulatory issues currently pending with the new Administration that will cover payments to domestic biodiesel producers under the new Bioenergy Program for Advanced Biofuels, availability of the biobased products label for all soy-based products to help pull them into the market, and determination of indirect land use by the Environmental Protection Agency that could negatively affect biodiesel eligibility under the Renewable Fuels Standard (RFS). Legislation enacted last year requires EPA to take indirect land use into account and some studies argue that soybean oil use in U.S. biodiesel production displaces rain forest and land in other countries, including Brazil and Malaysia. ASA is strongly opposing this approach and is working with the National Oilseed Processors Association, National Biodiesel Board and others to modify this provision in the pending rule. Secretary Vilsack stated that he understands the importance of this issue and has consulted with the EPA Administrator to ensure that the formula for including indirect land use as an RFS factor will not disqualify biodiesel and other U.S.-produced biofuels. ASA is also working to obtain long-term enactment of the biodiesel tax credit before it expires on Dec. 31, 2009. ASA leaders also discussed the importance of completing registration of LibertyLink® and Roundup Ready 2 Yield™ soybeans by South Korea prior to commercializing these new biotech events with the 2009 crop. Vilsack, former Iowa Governor, is the nation’s 30th Secretary of Agriculture. Following the meeting with Secretary Vilsack, ASA Policy Communications Contractor Paul Weller organized a post-

conference press briefing in the Secretary’s conference room. Hoffman and Joslin briefed and fielded questions from Chris Doering, Thomson-Reuters News Service; Jonathan Harsch, AgriPulse News Service; Alan Bjerja, Bloomberg News Service; Bill Thompson, Dow-Jones News Service; and Chuck Abbott, Reuters News Service.

(L to R) ASA Chairman John Hoffman, USDA Secretary Tom Vilsack, ASA President Johnny Dodson and ASA First Vice President Rob Joslin. (ASA photo by Lloyd Wolf) View additional photos here.

ASA Comments On NIFA Implementation   The American Soybean Association (ASA) has joined William H. Danforth, of the Donald Danforth Plant Science Center, and the American Veterinary Medical Association in providing comments on the establishment of the National Institute of Food and Agriculture at the U.S. Department of Agriculture (USDA) The 2008 Farm Bill reconstituted the Cooperative State Research, Education and Extension Service (CSREES) into this Institute, with a goal of increasing the standing and visibility of USDA's extramural science programs. "Agriculture research funding has tumbled the past 25 years when measured against other leading federal research agencies," the comments state, because "policymakers and budget writers simply lacked confidence in USDA’s ability to manage cutting-edge research… This Institute must be managed separately from the old models of the past so as to develop a new culture and methods of operation. It must be assembled carefully and it starts at the top with the appointment of a distinguished scientist as the first Director." The Institute’s Director will assume leadership of the Institute effective Oct. 1, 2009. ASA will continue to monitor the implementation of the Institute and selection of the Director.

Producers Wonder If ACRE Program Is Right For Them   Since the passage of the 2008 Farm Bill, producers have been debating whether they should sign up for the Average Crop Revenue Election (ACRE) Program that was a part of the legislation. Beginning with the 2009 crop year, producers can sign up for this optional, revenue-based counter-cyclical program, which is an alternative to receiving counter-cyclical payments (CCPs). However, participation in ACRE reduces direct payments and lower marketing assistance loan rates. "ASA urges all soybean producers to examine the ACRE Program carefully in deciding which safety net best serves to protect their farm income," said ASA President Johnny Dodson. Producers can enroll in ACRE any year during crop years 2009-12. A producer must enroll all covered commodities for a participating farm Upon enrollment, the farm is enrolled in ACRE for the remainder of the 2008 Farm Bill, which ends with crop year 2012. The ACRE Program provides participating producers a revenue guarantee each year based on market prices and average yields for the respective commodities. The guarantee is based on State-level planted yields and national market prices, but payments are dependent upon State- and farm-level planted yields and national market prices. New programs always bring with them new questions and in an effort to assist producers with ACRE questions, the U.S. Department of Agriculture’s Economic Research Service website at www.ers.usda.gov/Briefing/FarmPolicy/ACRE.htm explains ACRE payment triggers, definitions, payment calculations and other provisions.

Nutrition Programs Receive Most USDA Funding In Stimulus Bill   The majority of U.S. Department of Agriculture (USDA) money in the economic stimulus bill will go to boost nutrition programs, with $19.9 billion to provide a temporary increase in food stamps for 31 million families, $400 million for the Women, Infants and Children’s Program, and $150 million for the Emergency Food Assistance Program, which buys commodities for food banks and institutions. Those provisions were largely unchanged from the House version. But USDA got only a down payment of $50 million to upgrade the USDA Farm Service Agency computer system, down from the $245 million in the original House bill. The bill provides a total of $7.2 billion for broadband expansion, with $2.5 billion going to the USDA Rural Utilities Service for grants, loans and loan guarantees and $4.7 billion to the Commerce Department National Telecommunications and Information Administration (NTIA). Rural states are expected to benefit from the NTIA money, particularly from its plan to develop the first comprehensive mapping of broadband availability throughout the country. USDA also got $1.38 billion for rural water and waste disposal, $200 million to support loans and loan guarantees for rural housing assistance, $130 million for community facilities, $150 million to support business loan guarantees and $290 million for flood prevention efforts.

 

 

Healthier Oils, Healthier Future   After the U.S. Food and Drug Administration mandated trans fat labeling, companies rushed to reformulate products to reduce or eliminate trans fats. The mandate could have hit U.S. farmers hard, but instead, they are reaping the rewards of a long-term strategy launched by the United Soybean Board (USB) to develop new soybeans for healthier oils. "The soybean industry created a soy-based trans-fat solution [low-linolenic soybean oil] that changed the face of the market, and protected American livelihoods while delivering a healthier future from farm to table," says Chuck Myers, USB Chairman and a soybean farmer from Lyons, Neb. A soybean checkoff-funded economic analysis indicated that food companies would have reduced soybean oil needs by 894 million pounds, soybean production would have dropped by 25 million bushels and farmers would have earned 10.8 cents less per bushel. Instead, USB’s strategy prevented a cumulative lost income for U.S. soybean producers of $703.2 million. Soybean checkoff-funded research and partnerships help bring enhanced soybean traits to market. The soybean checkoff helped fund research on the effects of trans fat on human health; map the soybean genome and improve the soybean’s fatty acid profile to produce oil without partial hydrogenation (the process that creates trans fats) and to accelerate the development and commercialization of enhanced-trait soybeans alongside industry partners on QUALISOY. USB’s work doesn’t end with low-linolenic soybean oil, which is used in light frying, sauces, rolls and pizza dough. Companies are also testing increased-oleic soybean oil for use in crackers, baked goods, margarines and shortenings. USB/soybean checkoff efforts help to strengthen the U.S. soybean industry by addressing marketplace demands that benefit all U.S. soybean farmers, while helping to boost on-farm profit potential. Learn more at www.qualisoy.com.

Standing Guard Against Rust   The soybean rust sentinel plot system has provided U.S. soybean farmers with an early-warning system for soybean rust since 2005. New funding from the soybean checkoff and North Central Soybean Research Program continues this effort and helps U.S. soybean farmers make decisions on costly fungicides applications. The system is just one tool in the Pest Information Platform for Education and Extension (PIPE). It also includes rust-monitoring assets such as www.sbrusa.net, which are great for integrated pest management. PIPE was established by soybean industry partnerships with the United States Department Agency-Risk Management Agency and the USDA-Cooperative State Research, Education and Extension Service, the agency responsible for the PIPE. Since rust hasn’t spread as quickly as first suspected, the sentinel plot system has changed. The new system employs a three-tier approach with the majority of plots located along Gulf States from Louisiana to Georgia. Moving north, the number of plots lessens. While the sentinel plot system is on guard against soybean rust, checkoff-funded research efforts are underway to find rust-resistant traits.

A Map For Soybean Research   Supported by the soybean checkoff, the U.S. Department of Energy Joint Genome Institute has unveiled a complete draft assembly of the sequenced soybean genome. With the help of genomics tools that were developed with soybean checkoff funding, the project began in January 2006. Release of the sequenced soybean genome offers researchers and soybean breeders access to genetic tools that will help speed up the process of finding additional solutions to yield-robbing pests and diseases, weather-related stresses such as drought and to improve compositional quality. Ultimately, the increased speed of development of new soybean varieties helps U.S. soybean farmers continue to meet end-use demands and address production challenges, all of which could boost on-farm profitability.

 

 

Soy-Based Chicken Feeds Fetch A Premium   Middle Eastern broiler producers and retailers pay a premium for poultry meat produced with vegetarian feed including soybean meal. Increasingly, Middle Eastern consumers seek out poultry products produced using vegetarian diets for a variety of health-based reasons. In this region, soybeans have a

strong reputation as a healthy product. Many consumers prefer chickens raised on vegetarian meal instead of on animal-based proteins, such as meat and bone meal. American Soybean Association International Marketing has worked with poultry producers in the Middle East region for several years, focusing on the economic benefits of using high-quality U.S. soy products. The equivalent of approximately 100 million bushels of U.S. soybeans and soybean meal were exported to the region in 2008.

A promotional poster from Al Fakieh Poultry Company in Saudi Arabia notes the composition of its soy-based vegetarian feed products. (ASA-IM photo)

Demand For Full Fat Soybean Meal Increases In Vietnam   After five years of full fat soybean meal (FFSBM) promotion, American Soybean Association International Marketing (ASA-IM) Vietnam Country Manager Tran Trong Chien estimates that more than 50 extruders in the country produce FFSBM for both on-farm use and commercial sale. Many animal rations include FFSBM. In feed for piglets, inclusion rates average 20 percent. ASA-IM Vietnam promotion of high protein energy blocks for ruminants, such as cattle and goats, further increased FFSBM use and consequent demand for U.S. soybeans. FFSBM use in Vietnam reached approximately 3.6 million bushels in 2008, an increase of 2.9 million bushels from usage in 2003. This increased exports of U.S. soybeans to Vietnam valued at $28 million in 2008, up 500 percent in five years.

Fellowship Project Supports Ongoing Aquaculture Efforts   American Soybean Association International Marketing (ASA-IM) welcomed Herbert Quintero to their Global Soy in Aquaculture Program. Quintero will be working as part of the ASA-IM team under a two-year Fellowship Project funded by the Illinois Soybean Association. ASA-IM designed the Fellowship Project to provide International Marketing with additional aquaculture

technical assistance. The project provides a new Ph.D. graduate the opportunity to work in the international aquaculture arena and gain knowledge and skills important to the future of the U.S. soybean and global aquaculture industries. Quintero recently earned a doctorate from Auburn University, and will provide international marketing and research technical support for marine shrimp and other aquaculture activities in Latin America and Asia. Quintero has substantial aquaculture experience and has been actively involved in International Marketing and New Uses activities to develop and demonstrate soy-based feeds for marine shrimp through his association with Auburn University.

Herbert Quintero working in aquaculture fields. (ASA-IM photo)

Women-In-Soy Program Kicks Off In Bangladesh   American Soybean Association International Marketing (ASA-IM), under the Women-in-Soy banner, inaugurated a specialized and collaborative program in Dhaka, the capital of Bangladesh, to increase active participation among female entrepreneurs in setting up and operating soyfood processing operations. Nasreen Awal Mintoo, President of the Women Entrepreneurs’ Association of Bangladesh (WEAB), and Jon F. Danilowicz of the U.S. Embassy spoke during the program. Following the presentations, ASA-IM hosted a seminar on "Soy Food Processing Industries for Women Entrepreneurs." About 130 WEAB, National Association of Small & Cottage Industries of Bangladesh and Small Enterprises Foundation members attended. Currently, most Bangladeshis only recognize soybeans as a source of quality cooking oil and not as an economical protein supply. The Women-in-Soy Program, which includes a group of female farmer-leaders serving on the board of the American Soybean Association and United Soybean Board, seeks to improve both health and the economic status of women globally through promoting soy-based businesses. Through this project, ASA-IM aims to popularize U.S. soyfood products in Bangladesh while providing female Bangladeshis with a new avenue for investment. ASA-IM supports soyfood entrepreneurship in Bangladesh by providing technical training and marketing support.

ASA-IM Taiwan Helps Poultry Industry Guard Against Avian Influenza   Poultry industry leaders met with American Soybean Association International Marketing (ASA-IM) Taiwan staff to review results from ASA-IM’s poultry disease seminar for poultry industry producers and veterinarians. Seminar organizer Tony Shih reported that participants started using the biosecurity measures suggested by technicians for preventing the invasion of the bird flu. In minimizing the risk of an Avian Influenza outbreak, ASA-IM seeks to maintain the current level of soybean meal consumption. During the meeting, Taiwanese poultry industry leaders requested that ASA-IM continue providing information focusing on supply and demand situations linked with U.S. soybeans and the Taiwanese poultry industry. Recently, poultry production costs decreased 15 percent due to a drop in soybean meal costs, but local producers did not profit equally, as market prices for poultry products remained depressed. In 2008, Taiwan imported the equivalent of more than 63 million bushels of U.S. soybeans, many of which supplied the nation’s poultry industry.

 

The activities of the U.S. Soybean Export Council to expand international markets for U.S. soybeans and products are made possible through the American Soybean Association’s investment of cost-share funding provided by USDA’s Foreign Agricultural Service, support from cooperating industry, and by producer checkoff dollars invested by the United Soybean Board and various State Soybean Councils. 


 

ASA, 12125 Woodcrest Executive Dr., Ste. 100, St. Louis, MO  63141-5009   Phone:  800/688-7692
President Johnny Dodson 731/286-2268 - First Vice President Rob Joslin 937/492-8440