Consumer desires and demographics continue to shift. Global demand for U.S. dairy products is still booming. What impact will these changes have on the production, marketing and sales of dairy products? Where is dairy positioned for growth?
A slate of eight concurrent sessions at Dairy Forum 2016, January 24-27, will offer insight into these and other questions stemming from the challenges and opportunities facing the industry. Here’s a deeper look at three of the featured sessions, which will address dairy’s opportunities through global trade agreements, offer discussions with industry leaders about what it takes to stay competitive and examine how dairy risk management may change in the future.
Trade Policy: Opportunities for Dairy
After five long years of negotiations, the Trans-Pacific Partnership (TPP) has been completed. A panel of trade experts will explore important questions about the TPP and what lies ahead for dairy companies trading with Pacific Rim countries. They will also discuss the status of the Transatlantic Trade and Investment Partnership (T-TIP) and negotiations with the European Union.
Fostering a Culture of Food Safety: Lessons from the C-Suite
The Food Safety Modernization Act’s preventive controls rule for human food is now in final form and on the verge of being enforced by the Food and Drug Administration. This session will feature a discussion with dairy executives who have successfully instilled food safety principles across their organizations. They will share their successes and failures and discuss how they found the best ways to train employees and ensure that food safety always comes first.
Dairy Risk Management: Past, Present and Futures
Futures and options contracts tied to Class III fluid milk for physical delivery began trading just over 20 years ago. Since then, the dairy trading complex has evolved to include more dairy commodities, a move away from physical delivery to cash settlement as well as from open outcry to electronic trading, and trading on more exchanges around the world. Attendees will hear industry experts discuss this evolution and learn how the dairy risk management markets may change further in the future.
Additional Sessions
Other concurrent sessions will be:
- Can Dairy Take a Bigger Bite Out of Food Waste?
- Unlocking Ways to Capture Volume
- Caution: Company Under Pressure
- Value of Protein Quality to the Dairy Industry
- Don’t Get Hacked: Protecting Your Company from a Cyber Breach
Dairy Forum will be held January 24-27 at the Arizona Biltmore in Phoenix. Read the agenda for the full list of sessions and speakers at Dairy Forum 2016. Be sure to register and book your hotel reservations soon.
For more information, contact Maria Velasco, IDFA meetings coordinator and registrar, at mvelasco@idfa.org.