WCMA Dairy Export Workgroup Meeting
Event Details
You're invited to join WCMA for our 2024 Export Workgroup meeting on Thursday, November 7. All dairy processors and industry suppliers, regardless of their WCMA membership status are invited to join in-person at WCMA's offices in Madison, or online via Zoom.
Here's a look at our agenda:
9:30 - 10:00 a.m. (CT): Registration & Networking
10:00 - 10:05: Welcome and Introductions
10:05 - 10:20: Status Update on Dairy & Cheese Exporting
- Presenter:
- Monica Ganley, Senior Director, Global Trade Analysis, U.S. Dairy Export Council (USDEC)
10:20-10:50: Determining Trustworthy Partners for New Export Ventures
- Presenters:
- Jacqueline Cook, Owner & Consultant, Cook Alpine Ltd.
- Todd Osterman, One Source Risk Management
- Topics include:
- Qualifying Leads for Export Opportunities
- Selecting Reliable Distributors
- Vetting and Evaluating Potential Business Partners
- Key criteria for identifying reputable companies
- Due diligence and risk assessment strategies
10:50 a.m. – 12:00 p.m. (CT): Setting the Right Price for a Global Market: Key Considerations for Setting Prices of Dairy Products for Export
- Presenters:
- Executive Leadership Representative, Ausfine Foods
- Jacqueline Cook, Owner & Consultant, Cook Alpine Ltd.
- Topics include:
- Market conditions & demand forecasts
- Cost of production & supply chain factors
- Currency exchange rates and international trade policies
- Competitor pricing and global dairy market trends
- Tariffs, duties, and regulatory compliance
- Strategies for hedging futures to set prices for dairy exports
- Presenter:
- Mike Christensen, Commodity Risk Team Leader, Schreiber Foods
- Topics Include:
- Utilizing futures contracts to stabilize dairy export prices
- Criteria for engaging a hedging firm
- When and why to involve hedging services
- Risk management strategies and cost-benefit analysis
12:00 – 12:30 p.m.: Lunch
12:30 – 2:00/2:30 p.m.: U.S.-Mexico-Canada Agreement (USMCA) Implementation Update
- Presenters:
- Marie Lemieux, Senior Advisor and Client Director, PAA Advisory | Conseils
- Joe Dal Ferro, Chair of the International Cheese Council of Canada and President of Finica Food Specialties LTD
- Shawna Morris, Senior Director, Consortium for Common Food Names
- Sam Allison, Director of Global Sales, Sartori Cheese
- Topics Include:
- Overview of current progress and challenges
- Quotas for Canadian sales under USMCA
- Impact on trade flows and market access
- Compliance with established quotas
- Common Food Names in Mexican Markets
- Issues surrounding protected geographical indications (GIs)
- Negotiations on the use of common food names
- Implications for U.S. Exporters
- USMCA Panel and Q&A
2:30 p.m.: Adjournment
Presenters will reserve time to field attendees' questions during the meeting.
Have questions or suggestions? Please contact WCMA Director of Sustainability & Grants Danica Nilsestuen.