Tuesday, June 24, 2008

USA Peanut Congress

The USA Peanut Congress will conclude tonight.

Besides numerous presentations on issues such as the Farm Bill, peanut allergy, foreign market updates, a presentation on the commodity markets, and more, the American Peanut Council Board unanimously passed a motion to oppose changes in the methodology USDA uses to determine loan differentials. This motion had broad support from all industry segments. The President of the APC was directed to send a letter to the USDA expressing the industry position.

Of special note was the presentation of the Lifetime Achievement Award to Jay Williams, the retired Ag Engineer from USDA and UGA who was instrumental of the hull scrape maturity assessment used to determine harvest timing.

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