S. EDWARDSON (1); (1) North Dakota Barley Council, West Fargo, ND, U.S.A.
Malt and Grains
Friday, October 9
River Terrace 2
The downward trend in U.S. barley production since the mid-1980s suggests that growers have shifted production systems to more profitable crops. Advancements in genetic technology in corn and soybeans have allowed these crops to migrate into new production areas in the northern plains. This presentation analyzes the trend in U.S. barley production and provides an in-depth discussion regarding the decision factors growers utilize in crop enterprise selection (both in terms of crop management factors and business decision factors). The comparative risks of producing malting barley, spring wheat, corn, and soybeans are quantified and explained to provide a comprehensive overview of the interactive risk dynamics considered by growers in crop enterprise selection. The impact on malting barley procurement programs is outlined. Future considerations for malting barley procurement are addressed.
Steve Edwardson has served as executive administrator of the North Dakota Barley Council since 2004. Steve and the NDBC Board of Directors work together to develop markets for barley, improve risk management for barley producers, and conduct education in malt barley contracting and supply chain management, crop enterprise selection, and market intelligence. Steve served for 12 years as vice president of research and development for Minn-Dak Growers Ltd., a North Dakota specialty crop company that contracted and processed mustard, buckwheat, confection sunflowers, and safflower. Steve also served as commercial manager for Kings Inc. (a former division of Associated British Foods) and as a farm management specialist for the North Dakota State University Extension Service. Steve holds B.S. and M.S. degrees in agricultural mechanization from the Department of Agricultural Engineering at North Dakota State University. Steve was raised on a small grain and sunflower farm near Carrington, ND. He is the 2010 recipient of the Distinguished Alumni Award from the College of Agriculture, Food Systems, and Natural Resources at North Dakota State University.