Optimism Expressed at Open of 2016 CUTC

In agribusiness, Audio, CUTC, New Uses by Chuck

Chris NovakIn light of a lot of negativism directed toward farming today the opening speakers for the 2016 Corn Utilization Technology Conference (CUTC) were very optimistic in their outlook. Welcoming us to the 10th CUTC was Chris Novak, CEO, National Corn Growers Association.

New technologies have allowed corn farmers to produce so much corn that a surplus was created. That has made a need for new markets for the commodity. He points to NCGA’s new strategic plan which has a focus on building corn demand.

You can listen to Chris’s opening remarks here: Chris Novak, NCGA

Kris LuttNext up on the podium was Kris Lutt, President, Sweeteners, Starches and Acidulants, ADM. Kris had a very optimistic outlook and noted several areas that will provide more opportunities for the use of corn. These include building more foreign market demand, the development of new products made from corn, increasing worldwide demand for meat, focusing more on food safety and security and continuing to develop alternatives to petroleum

You can listen to Kris’s opening remarks here: Kris Lutt, ADM

Wade EllisOur next speaker was Wade Ellis, Vice President and General Manager of Milling, Bunge North America. Wade talked about the changes in the corn market of late have pushed his company to look at alternative inputs but at the same time learn from that experience to find new ways to utilize and re-build their corn business.

You can listen to Wade’s opening remarks here: Wade Ellis, Bunge North America

After the remarks came a question and answer session from the folks attending. You can listen to the question and answer session here: CUTC Open Session Q&A

You can find lots of photos from the conference here: 2016 CUTC Photo Album