Globally Competitive Agriculture and the Midwest

September 29, 2006
Federal Reserve Bank of Chicago
230 South LaSalle Street
Chicago, IL 60604-1413
Third Floor Conference Center

September 29, 2006
8:00 a.m.		Registration and Continental Breakfast
8:30 a.m.		Welcome and Opening Remarks Daniel G. Sullivan, Vice President and Senior Economist, Federal Reserve Bank of Chicago Marshall M. Bouton, President, The Chicago Council on Global Affairs
8:45 a.m.		Session I: Midwest Agriculture in the Global Arena Moderator Meredith Crowley, Economist, Federal Reserve Bank of Chicago The Global Reach of Midwest Agriculture (PDF, 100KB) David B. Oppedahl, Business Economist, Federal Reserve Bank of Chicago Globalization and Agriculture: New Realities (PDF, 60KB) Michael D. Boehlje, Professor, Department of Agricultural Economics, Purdue University Food Pricing, Competition, and the Emerging Supercenter Format (PDF,83KB) Kyle W. Stiegert, Associate Professor, Department of Agricultural and Applied Economics, University of Wisconsin–Madison
10:15 a.m.		Break
10:30 a.m.		Session II: Impacts of Globalization on the Midwest Moderator William Testa, Vice President and Director of Regional Programs, Federal Reserve Bank of Chicago Value-Added Innovation and Opportunities (PDF,1360KB) John Hinners, Assistant Vice President, Industry Relations, U.S. Meat Export Federation Effects of International Markets and Potential Policy Changes on the U.S. Ethanol Industry: Will Sector Policies Liberalize Soon? (PDF,55KB) Paul W. Gallagher, Associate Professor, Department of Economics, Iowa State University The Real Impact of Sugar Subsidies on the Candy Industry (PDF,27KB) Matt Hancock, Director, Food and Candy Institute
12:00 p.m.		Lunch Introduction Michael H. Moskow, President and Chief Executive Officer, Federal Reserve Bank of Chicago Introduction of the Chicago Council's U.S. Agriculture Task Force Marshall M. Bouton, President, The Chicago Council on Global Affairs Chicago Release of the Agriculture Task Force Report Catherine Bertini, Former Executive Director, World Food Program, The United Nations August Schumacher, Jr., Former Undersecretary of Agriculture for Farm and Foreign Agricultural Services, U.S. Department of Agriculture Robert L. Thompson, Gardner Chair in Agricultural Policy, University of Illinois at Urbana–Champaign
1:30 p.m.		Session III: The Future of Midwest Agriculture Amid Global Growth Moderator August Schumacher, Jr., Former Undersecretary of Agriculture for Farm and Foreign Agricultural Services, U.S. Department of Agriculture Farming, Farmers and Rural Development: The Role of Global Competition (PDF,1143KB) David Freshwater, Professor, Department of Agricultural Economics and Martin School of Public Administration, University of Kentucky The Agricultural Outlook: Are We in a New World? (PDF,119KB) Patrick Westhoff, Research Associate Professor, Department of Agricultural Economics, University of Missouri, and Program Director, Food and Agricultural Policy Research Institute
2:45 p.m.		Break
3:00 p.m.		Session IV: Panel Discussion: What Agricultural Policies Best Promote Midwest Growth via Global Markets? Moderator Catherine Bertini, Former Executive Director, World Food Program, The United Nations Limitations of Policies in "Creating Competitiveness" (PDF,231KB) Gary R. Blumenthal, President and Chief Executive Officer, World Perspectives, Inc.
		U.S. Agricultural Policy and Rural Growth in the Context of Globalization (PDF,426KB) Robert L. Thompson, Gardner Chair in Agricultural Policy, University of Illinois at Urbana-Champaign
4:30 p.m.		Adjourn Last updated: October 3, 2006