FCI Trade Summit Welcomes More Than 500 to Miami
7 August 2012 
It’s more than just numbers. The FCI Trade Summit is the largest to date, and the quality of its attendees and programming is what makes the Trade Summit in the Americas a must-attend event for crop input suppliers and distributors.
What makes the FCI Trade Summits unique is the balance of education and formal meeting time we allow for exhibitors and delegates to vet meeting partners. The internet has made the world a very small place and enables buyers and sellers to make contacts, but solid relationships are made in person, and the most rewarding deals are done face to face.
The FCI Trade Summit welcomed more than 500 attendees and more than 70 exhibitors to Miami, bringing a healthy mix of suppliers and buyers to do business.
The program for the event featured an unrivaled lineup of insights on the global crop protection market, highlighting global trends in the adoption and usage of crop protection products.
Matthew Phillips of Phillips McDougall revealed a favorable outlook for the industry in 2012 despite adverse weather in parts of the world. The global crop protection industry is expected to rise about 8% and 10% this year with Latin America and Asia fueling much of the growth.
Fungicides continue to show a great deal of promise. Global sales of fungicides for crop protection has outpaced insecticides since 2008, largely due to favorable crop prices translating into higher farm incomes that make fungicide applications more viable for growers. Favorable crop prices are expected to continue in the foreseeable future amid production shortfalls in key growing regions due to weather.
Glyphosate
Dean Hendrickson, Monsanto’s global third party glyphosate supply lead and Asia Roundup lead, discussed “Residual Management and its Effect on Global Glyphosate Supply & Demand” to wrap up Monday’s plenary session. This insider’s talk on the largest active substance in the world revealed a continued demand for the active despite its challenges with hard to kill weeds that have developed tolerance to ALS inhibitors.
Hendrickson also outlined capacity trends, production trends and price estimates relative to manufacturing costs.
Tuesday’s Plenary Session will include exclusive data by Rabobank presented by Dr. Dirk-Jan Kennes, Global Strategist for Farm Inputs, Food & Agribusiness, Research and Advisory for agricultural giant. The session will also conclude with a panel discussion among leaders from key markets throughout the Americas, including the United States and Brazil.
Editor’s note: FCI will continue to cover content from the Trade Summit in eNews and print in the coming weeks and months. Summit presentations will be available to delegates only through their unique username and password.
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