why u.s. wheat remains your best choice€¦ · remains your best choice mark fowler vice...
TRANSCRIPT
Why U.S. Wheat Remains Your Best
Choice
Mark Fowler
Vice president, Overseas Operations
U.S. wheat
US Wheat Associates
Mission of US Wheat Associates
Serve the mission of USW to “Develop, maintain, and
expand international markets to enhance wheat’s
profitability for U.S. wheat producers and its value for
their customers.” Through education and trade servicing
activities
Three P’s of Management
People
Three P’s of Management
Products
Three P’s of Management
Profits
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Three P’s of Management
People Products Profits
Three P’s of Wheat Marketing
• Price
• Product
• Policy
We don’t set the price,but we help with Price Discovery
• Weekly Price Report
• Regular Trade Service
• Purchasing seminars
Commodity
Forex
Freight
The Product
• Wheat = Commodity
• Flour = Food Ingredient
• Extraction is a measure of profitability and efficiency
• Flour functionality is the objective
• Crop Quality Survey (16 different organizations)
Why focus on technical service?
The Product - Research
The Product - Research
• New Product Development
• In Factory Training and
Consulting
• Training Courses and Seminars
• Not to mention the PRODUCTS
• Six classes of wheat to meet the
needs of a variety of finished
products
The Competition
• Other origins?
The Competition
• Educated Consumers
–Developed Market
–Food Safety Concerns
• Consumption Trends
–Gluten Free
–Low Sodium
–Lower Fat/Sugar
Battling the competition
Some recent U.S. Headlines
• Bay State focusing on health, wellness – World Grain
• U.S. Consumers are Eating More Wheat – AgWeb by Farm
Journal
• Flour mills take steps to ensure safe flour supply
– Bakingbusiness.com
– SafeGuard Ready-To-Eat Flour – Trademark Ardent Mills
Policy
Trade Policy
• FTA’s
• TRQ’s
Food Safety Policy
• MRL’s
• FSMA (Food Safety)
• Labeling Laws
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Why U.S. Wheat Remains Your Best Choice?
THE WORLD’S MOST RELIABLE CHOICE