Grain trade

Sure.

I'm the Managing Director of the International Grain Trade Coalition, or the IGTC.

So the IGTC is a group of global and national grain associations from around the world.

We have members from six continents, and we work on issues that are common to all of our members.

Okay so grain trading is obviously a big part of your business and we're here at the Seed Congress and I suppose so why have the grain trade come to the Seed Congress? What's the plan? Are you going to try to work together more or what can be done between the two?

Yeah, it's really important that we work together.

We're all part of the same value chain.

Yeah, I am not an expert on the EUDR issue, but I've definitely heard concerns from our members about the difficulty implementing them.

That more is coming up ahead.

[upbeat music] You're tuned in to Agriculture Today, and we start our Friday show with a grain market update from K-State grain economist Daniel O'Brien.

Daniel, thanks for joining us today.

Thank you very much, Shelby.

So I guess there are two times of the year when you wonder ab- about, uh, much excitement happening, and, uh, at least between USDA reports, one would be right at harvest for fall crops.

The other would be February for most of these crops, when we have just a difficult time having a...

Well, well, when we basically have the, uh, the doldrums of the, of the grain markets.

You know, we're not in the fields yet.

And, uh, you know, we're still, we're sitting in Levelland still today.

A lot of people don't realize, and I learned this from working at Bartlett, but most these grain trading companies, I think still today, it, it's kinda the process moving you around.

Um, can you describe that? Because it seems like, you know, they move you to one location, you, you learn that, they move you to another one.

Yeah.

You know, I think of Paul DeBruce.

Yeah.

When it w- I mean, we can go down the list of these companies that have been crazy successful that worked for these grain trading companies and really built incredible businessmen.

Yeah.

Good morning, good afternoon, and good evening to everyone joining us today.

On behalf of AMIS and IFPRI, it is my pleasure to welcome you to today's webinar, When Grain Trade is Obstructed, Black Seed Disruptions and Global Market Impacts.

Today's event continues the collaboration between AMIS and IFPRI in convening discussions on issues affecting global agriculture markets.

I would like to thank our colleagues in IFPRI for hosting today's webinar and for their partnership in making these events happen.

Trade routes evolve, exporters and importers adapt, but those adjustments are not costless.

The key question is who bears these costs, how competitiveness is affected, and where vulnerabilities remain, particularly for food-import-dependent countries and vulnerable consumers.

Today, we would like to move beyond the headlines and address the questions of how disruptive is grain trade globally, to what extent are markets adapting, what are the implications for logistics, and so on and so forth.

To help us answer these questions, we have assembled an outstanding group of speakers representing market analysis, producers, traders, importers, and food security experts.