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Contribution Report

Ryan Olson July 9, 2018

On Thursday, June 28 NAEGA submitted its annual 2017 Contribution Report to FAS, officially closing out the 2017 MAP Program Year. The contribution report highlights industry and staff contributions to NAEGA’s Unified Export Strategy (UES) efforts. Per MAP regulations, NAEGA and NAEGA industry personnel must contribute the same amount of money to NAEGA’s UES as allocated in its MAP agreement, plus 10 percent. In 2017, NAEGA and its membership contributed 169 percent of its MAP allocation to its UES objectives. Thank you to all NAEGA members and member personnel who worked to accomplish NAEGA’s UES objectives, proving once again that NAEGA is dedicated to “working together to make trade work”! 

 

A copy of the NAEGA contribution report can be found here. For more information, please contact Ryan. 

Approval for Liberty Link Soy

Ryan Olson July 9, 2018

On Thursday, July 5 Bayer reported that it has received several key approvals for the commercialization of its FG72xLL55 event, including approval in the Philippines. FG72xLL55 soy is a collaboration project between Bayer and MS Technologies and will be commercialized under the name LibertyLink® GT27™ in 2019.  

The new LibertyLink® GT27™ trait stack is a soybean seed with tolerance to Liberty® (glufosinate-ammonium), glyphosate herbicides and the first HPPD mode of action herbicide for soybeans, pending EPA approval.   

Please contact NAEGA for additional information about this approval.  

Additional information regarding the launch of LibertyLink® GT27™ will be released shortly.  

CME Block Trades

Ryan Olson July 9, 2018

In a report published on Monday, July 2 the U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight announced that block trading conducted by the CME Group has fallen within the Commission’s rules for “fair and reasonable pricing”. Block trades are generally larger deals that are privately negotiated but cleared via an exchange before appearing as volume like other deals.  

In its report, CFTC also noted that “block trades are still occurring mainly in the nearby months,”  and that “block trades are insignificant compared to total volume, but the analysis shows block trades can be a significant percent of the total volume in an individual contract month on specific days.” 

A copy of the report can be found report here.  

 

Board of Directors Meeting – Miami, FL – January 29, 2019

Ryan Olson July 9, 2018

The next meeting of the NAEGA Board of Directors will be held from 12:00pm-4:00pm on Tuesday, January 29, 2019 at the Miami Beach Edition Hotel in Miami, FL. The meeting will occur alongside the Commodity Markets Council’s (CMC) State of the Industry conference, which will take place on January 27-29 at the same hotel. All board members are invited to attend the CMC conference, and NAEGA is currently negotiating a discounted group rate.

Those looking to make early travel arrangements can book their hotel room under the CMC group rate by following this link.

More details and the meeting agendas will follow in the coming weeks.  

NAEGA-APPAMEX Forum – Puerto Vallarta, Mexico – August 23-25

Ryan Olson July 9, 2018

Please make plans now for the next NAEGA-APPAMEX Forum in Puerto Vallarta, Mexico on August 23-25. The forum will take place at the Hard Rock Hotel Vallarta at Paseo de los Cocoteros No. 19, Villa 8 Nuevo Vallarta, Bahía de Banderas, Riviera Nayarit, México C.P. 63732   

A preliminary agenda can be found here.   

All NAEGA members are invited to attend. If you are interested in attending please complete the attached registration form here. Hotel bookings at the Hard Rock can be made by contacting the hotel directly using the following email address: nfuentes@rcdhotels.com.   

Please contact Ryan for more information.   

 

U.S. FGIS soybean, corn and canola standards

Ryan Olson July 9, 2018

The NAEGA Grades and Inspections Committee is coordinating with the National Grain and Feed Association’s Grades and Weights Committee to respond to U.S. Agricultural Marketing Service (AMS) request for public comment on current Federal Grain Inspection Service (FGIS) standards for canola, corn and soybeans as follows:

 

Responses to all three requests are due December 3, 2018.

 

The Agency reports that the purpose of these requests for comments is to ensure that standards and official grading practices remain relevant and effective. While the standards and grading practices for all three commodities are relevant to NAEGA interests the soybean standards likely will need and attract the most attention given the ongoing issues with China, and in particular the Animal and Plant Health Inspection Service's inappropriate use of FM (a grain quality factor) on phytosanitary certificates (reserved for plant disease or plant pest matters).  We anticipate that soybean producer and marketing organizations will focus heavily on the definition and measurement of foreign material in the U.S. soybean standards.  There also may be consideration given to changing soybean FM to differentiate and account for soybean pieces and hulls, thereby more closely mirroring the BCFM factor in the corn standards.

 

Please let us know your views.   

 

USAEDC Attaché Seminar – July 11-13 – Arlington, Virginia

Ryan Olson July 9, 2018

The U.S. Agricultural Export Development Council will hold its annual Attaché Seminar on July 11-13 in Arlington, Virginia. This year’s seminar includes a number of speakers providing information regarding updates in the Foreign Agricultural Service (FAS), upcoming plans for the Office of Trade and Foreign Agricultural Affairs, as well as several regionally-based breakout sessions led by various FAS attachés. A draft of the agenda can be found here.  

IGTC-ISF Meeting

Ryan Olson July 9, 2018

Randy Gordon, NGFA President and acting as a NAEGA volunteer, is back from Nyon, Switzerland where he joined an IGTC team for bilateral meetings with the International Seed Federation. A trip report for this travel is now available here. The meeting was the second meeting conducted between IGTC and ISF to discuss the information needs of the global grain industry concerning the commercialization of crops developed through genetic engineering. During discussions the IGTC and ISF engaged in detailed, substantive discussions on specific information needed from gene-editing seed developers and those commercializing such seeds to preserve the fungible, commingled commodity stream and to avoid trade disruptions. 

IGTC Newsletter

Ryan Olson July 9, 2018

The latest IGTC newsletter is now available! This edition covers ongoing IGTC communications about the IPPC’s ePhyto hub, a call for input on the IPPC draft ISPM and specifications on grain, and a report on the WTO SPS committee’s proposal on MRLs. 

For more details, read the IGTC newsletter here or visit the IGTC website at www.igtcglobal.org.  

ASP Cyber Security Meeting

Ryan Olson July 9, 2018

On June 25, the U.S. Coast Guard’s Office of Port and Facility Compliance, Cargo and Facilities Division held a meeting with Alternate Security Plan (ASP) members to discuss best practices regarding cyber security. The purpose of this meeting was to set goals for cyber awareness expected from ASP users, with a specific focus on users being able to recognize suspicious behavior and know what constitutes a security breach in the cyber realm. 

The Coast Guard is encouraging industry to get ahead of the curve by addressing cyber security before small issues develop into larger problems. 

Interested in participating in the NAEGA-NGFA Alternative Security Program? Contact Ryan.  

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