Agribusiness
Farmers Eye Growing U.S. Soy’s Third-Largest Export Market PDF Print E-mail
News Releases - Agribusiness
Written by United Soybean Board   
Monday, 14 May 2012 12:56
Checkoff helps mark 50th anniversary of Japan’s oilseed industry

ST. LOUIS (May 10, 2012) – More than 75 million bushels of whole U.S. soybeans made their way to Japan last year, thanks to strong demand for quality soy. Next week, a delegation of U.S. soybean farmers representing the United Soybean Board (USB), the American Soybean Association (ASA) and the U.S. Soybean Export Council (USSEC) plan to honor the 50th anniversary of the Japan Oilseed Processors Association (JOPA). The organization has worked with U.S. soybean farmers to meet demand for U.S. soy in Japan.

Today’s strong trade relations with Japan started in 1956, when a team of representatives of the Japanese soy industry visited the United States. Ever since, JOPA, which represents 20 Japanese oilseed processors, has been a key ally for the U.S. soy industry. Today, nearly 70 percent of Japanese soybean imports originate from the United States.

“Japan has grown to be one of our most valued customers,” says Vanessa Kummer, USB chair and a soybean farmer from Colfax, N.D. “Because customers in Japan serve as one of our largest markets abroad, soy ranks as the top U.S. agricultural export and makes a large net contribution to the U.S. agricultural trade balance. The soy checkoff, along with my fellow farmers representing ASA and USSEC, mark this very symbolic milestone with our Japanese customers and remain committed to meeting their soy needs.”

“Japan’s oilseed processing sector has long been a trusted partner for American soybean farmers,” says ASA First Vice President Danny Murphy, a soybean farmer from Canton, Miss. “The American Soybean Association opened its first overseas international market development office in Japan in 1956, and U.S. soy exports to Japan have grown to more than $1 billion annually today. We are honored to join our Japanese counterparts and colleagues in celebrating the accomplishments of the Japanese Oilseed Processors Association as it celebrates its 50th anniversary, and we look forward to continuing the Japanese-American partnership.”

“Our partnership with the Japanese crushing industry, which is the third largest buyer of U.S. soybeans, is stronger than ever,” says Roy Bardole, USSEC chairman and soybean farmer from Rippey, Iowa. “U.S. soy farmers take the relationship with JOPA very seriously. We are committed to do what we can to ensure another 50 successful years as their partner.”

Prior to formal recognition marking JOPA’s anniversary, the U.S. group plans to visit a soy processing plant and feed mill at a major port near Tokyo.

The 69 farmer-directors of USB oversee the investments of the soy checkoff to maximize profit opportunities for all U.S. soybean farmers. These volunteers invest and leverage checkoff funds to increase the value of U.S. soy meal and oil, to ensure U.S. soybean farmers and their customers have the freedom and infrastructure to operate, and to meet the needs of U.S. soy’s customers. As stipulated in the federal Soybean Promotion, Research and Consumer Information Act, the USDA Agricultural Marketing Service has oversight responsibilities for USB and the soy checkoff.

For more information on the United Soybean Board, visit www.unitedsoybean.org
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Young Veteran Farmer goes to Washington PDF Print E-mail
News Releases - Agribusiness
Written by Elisha Smith   
Wednesday, 09 May 2012 14:36

Lyons, NE -  Justin Doerr, a beginning farmer and military veteran from Plainview, NE, will travel to Washington D.C. on Thursday, May 10, to participate and testify at the House Ag Committee Hearing on the Farm Bill Credit Title.

“I’m honored to have the opportunity to testify about the value of federal credit, training and land access programs that are absolutely crucial in helping beginning farmers get started in agriculture,” said Doerr.

Doerr, who recently finished planting, commented further on the importance of his testimony,“I believe these credit programs and other efforts targeted specifically at new farmers, are very important investments the farm bill can make in ensuring that young farmers like myself have the tools and resources we need to successfully contribute to our local farm economies, spur rural economic development, preserve our natural resource base, and do our part in ensuring our nation’s food security.”

When:  May 10, 2012 at 10:00 a.m. (EDT)


Who:  Subcommittee on Department Operations, Oversight and Credit - U.S. House of

Representatives Committee on Agriculture


What:  Subcommittee Hearing on Formulations of the 2012 Farm Bill Credit Programs


Where:  1300 Longworth House Office Building, Washington, DC

Contact the Center for Rural Affairs to schedule an interview or reach Justin Doerr directly at:

Justin D. Doerr

402-316-4919

This e-mail address is being protected from spambots. You need JavaScript enabled to view it

profiles.google.com/jddoerr

twitter.com/jddoerr

Doerr grew up on a small farm in Northeast Nebraska where his family raised hogs, cattle, and some hay. After high school he joined the Army. During this time, things got tough on the farm so Justin’s father sold the livestock and rented out the farm ground.  When Justin got back from overseas he wanted to move home and farm. “What I found later was I had the desire to farm but did not have the means, as I lacked the capital and resources to begin farming after the folks sold their operation,” commented Doerr.

“We face a lot of barriers as beginning farmers as far as access to land and credit and barriers in crop insurance,” said Doerr. “As a beginning farmer one way of getting a start is through niche markets and raising non-conventional crops, but it’s hard to gain access to crop insurance for that... that problem should be addressed.”

 

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U.S. SOYBEAN FARMERS SALUTE PARTNERSHIP WITH JAPAN PDF Print E-mail
News Releases - Agribusiness
Written by Erin Hamm   
Wednesday, 09 May 2012 12:53
Japan plays a critical role in making the United States the leading soy exporter in the world. A delegation of U.S. soybean farmers will travel there to show their appreciation.

Representatives of the United Soybean Board (USB), the American Soybean Association (ASA) and the U.S. Soybean Export Council (USSEC) will honor the 50th anniversary of the Japan Oilseed Processors Association (JOPA). 

The organization, which represents 20 Japanese processors, continues to be an important ally for the U.S. soy industry. Last year, soy users in Japan represented the third-largest market for U.S. soy, importing more than 75 million bushels of whole soybeans. The U.S. group will visit the Showa Sangyo Crushing Plant and Grain Terminal, as well as the Higashi Nihon Feed Mill. Both are located at Kashima Port near Tokyo. 

PARTICIPANTS:

Vanessa Kummer, USB chair, North Dakota soybean farmer

Sharon Covert, USB International Marketing chair, USSEC board member, Illinois soybean farmer

Danny Murphy, ASA vice president, Mississippi soybean farmer

 
Agriculture Secretary Vilsack Announces Funding To Improve Rural Electric Infrastructure and Make the 'Grid' More Reliable and Efficient PDF Print E-mail
News Releases - Agribusiness
Written by USDA Communications   
Tuesday, 08 May 2012 13:46
Georgia Loan Moves USDA Closer to Secretary's Smart Grid Goal

WASHINGTON, May 4, 2012 – Agriculture Secretary Tom Vilsack today announced that rural electric cooperative utilities in 10 states will receive loans to install smart grid technologies and make improvements to generation and transmission facilities. Examples of funding announced today include a $102.8 million guaranteed loan to the Jackson Electric Membership Corporation in Jefferson, GA, to build and improve over 850 miles of distribution line and make other system improvements. The loan also includes $7.2 million in smart grid projects.

"A 21st century electric grid is essential to America's ability to create jobs in the clean energy economy of the future." Vilsack said. "These investments enable consumers and businesses to better manage their use of electricity and help maintain affordable rates. Building transmission infrastructure that employs smart grid technologies will make it easier to add renewable sources of electricity into the grid and also improve reliability."

With this funding, USDA Rural Development moves closer to reaching Secretary Vilsack's goal to fund more than $250 million for Smart Grid technologies. Today's announcement includes support for nearly $20 million in Smart Grid technologies. For example, In Kentucky, Cumberland Valley Electric was selected to receive a $17.6 million guaranteed loan, including $2.2 million in smart grid projects. Funds will be used to build and improve 100 miles of distribution line and make other system improvements.

The $334 million in loans announced today are provided by USDA Rural Development's Rural Utilities Service (RUS). The funding helps electric utilities upgrade, expand, maintain and replace rural America's electric infrastructure. USDA Rural Development also funds energy conservation and renewable energy projects.

The following is a list of rural utilities that will receive USDA funding, which is contingent upon the recipient meeting the terms of the loan agreement.

Georgia

  • Jackson Electric Membership Corporation – $102,800,000. Funding will be used to serve 8,656 consumers, build and improve 855 miles of distribution line, and make other system improvements. The loan includes $7,218,525 in smart grid projects.

Kentucky

  • Nolin Rural Electric Cooperative Corporation – $12,000,000. Funding will be used to construct and improve 102 miles of distribution line and make other system improvements. The loan also includes $543,087 for smart grid projects.
  • Cumberland Valley Electric, Inc. – $17,608,000. Funding will be used to build and improve 100 miles of distribution line and make other system improvements. The loan includes $2.2 million in smart grid projects.

Minnesota

  • Minnesota Valley Electric Cooperative – $18,450,000. Funding will be used to build and improve 101 miles of distribution line and make other system improvements. The loan also includes $5.9 million in smart grid projects.

Missouri

  • Missouri Rural Electric Cooperative – $3,000,000. Funding will be used to build and improve 44 miles of distribution line and make other system improvements.

Missouri, Iowa and Nebraska

  • Atchison-Holt Electric Cooperative – $5,000,000. Funding will be used to build and improve 62 miles of distribution line and make other system improvements.

Nebraska

  • Panhandle Rural Electric Membership Association – $7,839,000. Funding will be used to serve 113 consumers, build and improve 49 miles of distribution line, and make other system improvements. The loan amount includes $1,823,200 in smart grid projects.

North Carolina

  • North Carolina Electric Membership Corporation – $33,822,000. Funding will be used to finance capital improvements at the Catawba nuclear Station Units 1 and 2.

Oklahoma

  • Southeastern Electric Cooperative, Inc. – $4,787,000. Funding will be used to build and improve 26 miles of distribution line and make other system improvements.

Virginia

  • Northern Neck Electric Cooperative – $14,337,000. Funds will be used to build and improve 88 miles of distribution line and make other system improvements. The loan includes $1.1 million for smart grid projects.

Washington

  • Public Utility District No. 1 of Jefferson County – $115,507,000. Funding will be used to build and improve 825 miles of distribution line and make other system improvements. The loan amount includes $99,000 in smart grid projects.

Since taking office, the Obama administration has taken significant steps to improve the lives of rural Americans and has provided broad support for rural communities. The Obama Administration has set goals of modernizing infrastructure by providing broadband access to 10 million Americans, expanding educational opportunities for students in rural areas and providing affordable health care. In the long term, these unparalleled rural investments will help ensure that America's rural communities are repopulating, self-sustaining and thriving economically.

USDA, through its Rural Development mission area, administers and manages housing, business and community infrastructure and facility programs through a national network of state and local offices. Rural Development has an existing portfolio of more than $165 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America.

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USDA is an equal opportunity provider and employer. To file a complaint of discrimination, write: USDA, Office of the Assistant Secretary for Civil Rights, Office of Adjudication, 1400 Independence Ave., SW, Washington, DC 20250-9410 or call (866) 632-9992 (Toll-free Customer Service), (800) 877-8339 (Local or Federal relay), (866) 377-8642 (Relay voice users).


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