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Today we had the pleasure of hosting Corey Rosenbusch for a wide-ranging discussion on the fertilizer industry, global energy markets, and the geopolitical forces increasingly shaping both. Corey is the President and CEO of The Fertilizer Institute (TFI), headquartered in Arlington, Virginia. Corey joined TFI in 2020 after serving as President and CEO of the Global Cold Chain Alliance. He currently serves as Chair of the Texas A&M University Agricultural Leadership, Education & Communication Department Advisory Board and the Association Leadership Group. We were thrilled to host Corey to better understand the connections between fertilizer, natural gas, food security, and global supply chains. In our conversation, Corey provides a comprehensive overview of the global fertilizer industry and its critical connection to energy markets. He explains how natural gas serves as the essential feedstock for nitrogen fertilizer production, outlines the distinct dynamics of nitrogen, phosphate, potash, and sulfur markets, and discusses why fertilizer has become increasingly intertwined with global geopolitics, food security, and national security. We examine how disruptions in the Strait of Hormuz affected global flows of urea, ammonia, phosphate, and sulfur, why export restrictions from China and Russia have reshaped global trade, and how government subsidies, tariffs, and state-owned enterprises continue to influence fertilizer pricing and availability. Corey highlights the concentration of global fertilizer production and exports across a handful of countries and explains how those supply chains have become increasingly vulnerable to geopolitical disruption. Corey shares why current fertilizer market conditions differ from the 2022 Russia-Ukraine disruption, how weak farm economics and higher input costs are impacting U.S. growers, and why fertilizer prices are ultimately driven by global supply and demand rather than local production. We discuss the outlook for fertilizer demand, key Farm Bill provisions, including E15 and biostimulants, the competitiveness of U.S. fertilizer manufacturing, and why expanding domestic production, streamlining permitting, and maintaining access to affordable natural gas will be critical to strengthening both U.S. food security and energy security. We learned a great deal from Corey and greatly enjoyed the discussion. To start the show, Mike Bradley noted the day's market trifecta: lower bond yields, lower oil prices, and higher equity markets. The 10-year Treasury yield was trading between 4.60% and 4.65%, well below last week's high of ~4.75%. The Dow Jones Industrial Average (DJIA) was up approximately 1,000 points, driven largely by significant share price gains in Caterpillar and Goldman Sachs. These two stocks alone accounted for roughly 500 points of the DJIA's gain. He highlighted several companies scheduled to report second-quarter earnings results this week, including AMD, Disney, Eli Lilly, and SpaceX. On the oil market front, he noted that WTI crude oil prices had fallen roughly $9/bbl to ~$75-$76/bbl so far this week following a temporary pause in U.S. military strikes on Iran. While U.S. strikes are on hold for now, military action could resume at any point, contributing to heightened oil price volatility. Despite WTI declining more than 10% this week, the energy sector was down only ~1.5%. Investor focus last week was primarily on second-quarter earnings results from the U.S. integrated oil majors, Chevron and ExxonMobil, as well as refiners, with management teams indicating that global refining margins remain structurally tight. He highlighted BP's new CEO's comment that it would be "prudent" to stop thinking of BP as a traditional Big Oil supermajor and instead compete within its own weight class. He concluded by highlighting President Trump's remarks about to Chevron's and ExxonMobil's record-setting quarterly results. President Trump argued that these companies were making too much money and should return more of their profits to the public and lower retail prices. Chevron and ExxonMobil generated average second-quarter profit margins in the mid-to-high teens and have generally reported high single-digit to low-double-digit profit margins over the past three years. By comparison, large-cap tech companies reported average second-quarter profit margins of ~40% and have averaged ~45% to 50% profit margins over the last three years. Jeff Tillery added his perspective on the outlook for U.S. natural gas demand, noting that forecasts call for roughly 20 bcfd of cumulative demand growth over the next five years. While significant, he emphasized that this largely represents a continuation of trends already underway. U.S. natural gas demand increased by nearly 20 bcfd over the past five years, driven primarily by LNG exports, and he expects exports to remain the primary driver of growth going forward. While he remains constructive on the long-term natural gas demand outlook, he emphasized that the next phase is more evolutionary than transformational.
It's Halloween, and to celebrate the ASAE Technology Professionals Advisory Council brought together three council members to share their scary IT stories and the lessons learned! Hosted by Justin Burniske, Principal Consultant at Meta-Dao, he talks with Norma Castrejon, Strategic Consultant, Technology Consulting at DelCor Technology Solutions, Michael (Misha) Getter, Vice President, Systems and Technology at Global Cold Chain Alliance and Becky Breeden, Chief Executive Officer at Brightfind. They share stories of email outages, abandoned implementations and insecure data - OH MY! Hopefully you'll be scared into taking some extra precautions in any situations when you tackle future projects - particularly when it comes to identifying the best tools and partners to work with! Norma Castrejon Michael (Misha) Getter Becky Breeden Justin Burniske
Over ten years Lineage Logistics has reshaped the identity of cold chain across the world. Mike McClendon led the global expansion of the business for most of that time, only recently stepping out from being President of International Business in to a new Ambassadorial role, including taking on the role of Chairman of the Global Cold Chain Alliance, the pan-national representative and networking organisation for cold chain businesses. Mike talks to Shane about the rapid rise of Lineage Logistics, why the business has been able to grow as it has, he shares his optimism about the future and talks candidly about how Lineage is facing in to the major challenges of our time. A unique insight from a man that has, more than most, shaped the modern history of global cold chain.
In this episode Shane takes some time at the end of the European Cold Chain Conference in Rotterdam to reflect on how the UK, European and international cold chain is set up to cope with the current economic and regulatory challenges facing the industry. Matt talks about his background working in non-profit business membership organisations before GCCA and how he sees the future of the organisation he took over leadership, just as the world entered the pandemic. They also talk about the big announcement of a new partnership between GCCA and CCF that will bring new value to their respective members and new opportunities in the future.
The Global Cold Chain Alliance represents 1,300 companies in over 85 countries that are involved in the cold chain industry. In this fireside chat, Lowell Randell, the group's senior vice president for government and legal affairs, talks about regulations and policy issues affecting the industry, including new transportation data requirements, truck driver recruitment, and the government's role in alleviating congestion in the supply chain. Lowell Randel, the Senior Vice President of Government and Legal Affairs in the Global Cold Chain Alliance, is joined by FreightWaves Chief Washington Correspondent John Gallagher.Follow FreightWaves on Apple PodcastsFollow FreightWaves on SpotifyMore FreightWaves Podcasts
The Global Cold Chain Alliance represents 1,300 companies in over 85 countries that are involved in the cold chain industry. In this fireside chat, Lowell Randell, the group's senior vice president for government and legal affairs, talks about regulations and policy issues affecting the industry, including new transportation data requirements, truck driver recruitment, and the government's role in alleviating congestion in the supply chain. Lowell Randel, the Senior Vice President of Government and Legal Affairs in the Global Cold Chain Alliance, is joined by FreightWaves Chief Washington Correspondent John Gallagher.Follow FreightWaves on Apple PodcastsFollow FreightWaves on SpotifyMore FreightWaves Podcasts
In this episode of The Rebound, Matt Ott, president and CEO of the Global Cold Chain Alliance, discusses what's driving the growth of the cold chain, along with developments making it possible. ASCM CEO Abe Eshkenazi and SCMR Editorial Director Bob Trebilcock are hosts.
Listen in as Matt Ott, president and CEO of the Global Cold Chain Alliance, discusses the growth of the cold chain supply chain.
Association Rockstars interviews Matthew Ott, M.S, CAE, CMP. Matt is the President & CEO of the Global Cold Chain Alliance, a coalition of organizations that ensure that a universally strong cold chain exists globally, maintaining quality and safety through each link. For the past two decades, he has worked with a diverse group of associations and their member companies on developing strategy and delivering results that has directly contributed to growth in membership, programs, events, education and non-dues revenue. Learn about his insight here!Host and Founder: Lowell Aplebaum - CEO & Strategy Catalyst at Vista Cova Producer and Operations: Amy Hager - Strategy Advisor at Vista CovaProduction Assistant: Ashlynn Brooks - Virginia Tech B.A. Theatre Performance Student (Expected Graduation: May 2022)Music: Slow Burn by Kevin MacLeodLink: https://incompetech.filmmusic.io/song/4372-slow-burnLicense: http://creativecommons.org/licenses/by/4.0/
In Episode 135 of Hidden Forces, Demetri Kofinas speaks with Lowell Randel, Vice President of Government and Legal Affairs for the Global Cold Chain Alliance, which serves as the voice of the cold chain industry, representing 1,300 member companies in over 85 countries. The two discuss the impact that COVID-19 and the government shutdowns have had on food supply chains, processing facilities, and the industrial farm sector. The COVID-19 pandemic has caused significant shifts in consumer demand away from food service businesses like restaurants and towards foot retail outlets like supermarkets and groceries. Food industry players are in turn looking to adapt, redirecting products originally destined for the food service sector to retail instead. This has created challenges for farmers that have led, in some cases, to the euthanization of livestock and the wholesale destruction of crops ready for harvest. This episode uses the crisis caused by COVID-19 and the government mandated shutdowns in order to understand the vulnerabilities of our food supply networks with an eye on finding ways to improve their resiliency going forward. You can access my conversation with TeslaCharts & Georgia Owell, as well as the transcript and rundown to this week’s episode through the Hidden Forces Patreon Page. All subscribers gain access to our overtime feed, which can be easily added to your favorite podcast application. Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Subscribe & Support the Podcast at http://patreon.com/hiddenforces Join the conversation on Facebook, Instagram, and Twitter at @hiddenforcespod
This podcast interview with the Global Cold Chain Alliance details the technologies implemented to help foodservice distributors pivot into direct-to-consumer amid COVID-19.
Pete Pearson is a Sr. Director at WWF leading work on food loss & waste, helping businesses and communities understand agriculture’s impact on wildlife and habitat conservation. Pete has worked with retailers, public schools and hospitals as a sustainability professional, co-founded a sustainable agriculture non-profit in Idaho, and co-produced a documentary film on local and regenerative agriculture (www.tolivelocal.com). For nearly 60 years, WWF has been protecting the future of nature. The world’s leading conservation organization, WWF works in 100 countries and is supported by more than one million members in the United States and close to five million globally. Richard Tracy is an international development professional with proven leadership and mentoring abilities. Excels at connecting diverse groups of personalities for a common goal. Mr. Tracy is exceptionally skilled in networking, business development and service delivery. Exemplary financial management and talent development abilities. The Global Cold Chain Alliance mission is to forge a universally strong cold chain where products retain quality and safety through each link.
"Make sure you engage any resisters in your change process as if they're there to help...but they just don't know how yet" A speaker at AICPA & CIMA's forthcoming "CFO 2019" Conference in Chicago, Dr. Jeremy Lurey is an internationally-respected organisational consultant who has worked at both PWC and Andersen Consulting. Now President & CEO of Los Angeles-based Plus Delta Consulting and Practice Lead for SingerLewak’s People & Change Management Advisory Services, he tells Kyle Hannan (AICPA & CIMA, London) how he partners with clients to improve performance and drive adoption of change. TALKING POINTS: The crucial elements of transformation. Change-management. The importance of communications. Delivering successful transformation across the organisation, and that includes the C-Suite. Supporting people to adopt change. Working with those that resist it. Getting projects back on track. OUR GUEST: Before establishing Plus Delta and joining SingerLewak, Dr. Lurey has worked with CBS, Disney, Global Cold Chain Alliance, Health Net, Hulu, Marriott, Midwest Refrigerated, Minnesota Freezer, Mozilla, MTC Logistics, Nestlé, Novartis, Pioneer, Raytheon, Red Bull, Ritz-Carlton, Southern California Edison & St. Joseph Health System. Dr. Lurey has particular expertise in change-management, talent management, technology adoption, process improvement, strategic planning, and leadership and team development. In addition to his work as a consultant, he regularly presents at professional conferences and seminars. He has also authored several publications on change management, organisation-development, succession-planning, leadership excellence, and family business. RESOURCES AND LINKS: The AICPA & CIMA "CFO 2019" Conference books on change management & resistance to change include William Bridges on Managing Transitions. Connect with Dr. Lurey on LinkedIn. Blog posts and videos at www.plusdelta.net. MORE ABOUT OUR PODCAST DON'T MISS OUT. Get our shows every week, automatically and free. Share them easily with colleagues and friends by using the icons on your app or media player. GLOBAL VOICES. Interviews with our international experts are recorded by different members of the AICPA & CIMA team from our offices around the world. While the sound quality may vary, the insights will always be consistently useful. TAKE IT FURTHER. Find related CPD/CPE resources at the AICPA Store and the CGMA Store. STAY CONNECTED. Follow #GoBeyondDisruption, @AICPANews and @CIMA_News on social. PERMISSIONS ©2018 Association of International Certified Professional Accountants (AICPA & CIMA). All rights reserve
Richard Tracy of the Global Cold Chain Alliance returns to the show to talk about his industry's multi-faceted approach to eliminating food waste. As he's said before on the show, they are part of the “industry that is feeding the world.” The Alliance is comprised of four different associations involved in refrigeration, shipping, and transport of the food that makes it to your plate. They are deeply invested in supporting functional transportation systems around the world which enable farmers to safely and effectively move their goods to your home. With sustainable transportation and the right equipment, farmers are able to make a better living by getting more goods to the markets before they spoil.
What makes a successful leader today - and, tomorrow? Host JP Moery welcomed to the podcast one of his very best friends in the association space, Bill Hudson. The former CEO of Global Cold Chain Alliance and current Partner at Heidrick & Struggles, Bill heads executive searches for CEOs for trade and professional associations. During this episode, he brings to bear his understanding of the association community, association leadership, and the changes taking place in the association landscape. He shares with JP the qualities associations should be looking for in a CEO candidate, how the organization should operate as they move into new leadership, and how that leadership role is changing. Listen in!
Richard Tracy and Amanda Brondy of the Global Cold Chain Alliance join us to talk food (and flower) cooling and preservation. They are part of the "industry that is feeding the world" and the Alliance is comprised of four different associations involved in refrigeration, shipping, and transport of the food that makes it to your plate and the cut flowers that make life a little more beautiful. You could probably guess that the United States consumes a lot of frozen food -- but you won't believe the shocking number in comparison to the rest of the world. Well... maybe you would. The Global Cold Chain Alliance works around the world and enables farmers to get their food to market even if they're not so close. Enjoy those strawberries in January? You can thank the members of the Alliance for making sure the food you want is right at your fingertips. The discussion of "appropriate" technology that is used in different parts of the world is fascinating. Richard Tracy is an agribusiness professional, as well as an international development specialist, with over 20 years of domestic and international experience in managing enterprise development and economic strengthening initiatives for emerging and frontier markets. Mr. Tracy currently serves as the Vice President for International Programs at the Global Cold Chain Alliance, an umbrella association based in Alexandria, Virginia that represents companies that store, transport and distribute perishable products. Amanda N. Brondy is a project management expert with 10 years of international development experience in Africa and Asia. Currently serving as the International Projects Director with the Global Cold Chain Alliance, she oversees all new business opportunities and manages project implementation for the delivery of cold chain-related services and technical advice on a variety of international development projects. The Global Cold Chain Alliance is a trade association dedicated to the proper handling and distribution of perishable products and improving cold chain best practices for the safe, efficient, and reliable movement of food worldwide.
GCCA: Global Cold Chain Alliance Mission: The Global Cold Chain Alliance unites partners to be innovative leaders in the temperature-controlled products industry. Vision: The Global Cold Chain Alliance will be the recognized authority in forging a universally strong cold chain where every product retains quality and safety through each link. Jeremy Williams from Garden City […]