AGRICULTURAL COUNCIL OF ARKANSAS







                                             AGRICULTURAL COUNCIL OF ARKANSAS
                                                   BOARD OF DIRECTORS MEETING

                                                                              WALNUT LAKE COUNTRY CLUB
                                                                                       PICKENS, ARKANSAS
                                                                                          
AUGUST 24, 2010
                                                                                                 10:00 A.M.

                                                                                                   AGENDA




1.                CALL TO ORDER                                        PRES. BOBBY GAMMILL
                  ROTARY INTRODUCTIONS
                  PROMOTION BOARDS’ REPORTS
                  INTRODUCTION OF SPECIAL GUESTS        


2.                MINUTES OF APRIL BOARD MEETING      DON ALEXANDER
                  FINANCIAL REPORT

3.                UNIVERSITY OF ARKANSAS---
              
     ---PAST & FUTURE                                     DR. MILO SHULT

4.                MEETING ADJOURNED





                                                       LUNCH WILL BE SERVED





               AGRICULTURAL COUNCIL OF ARKANSAS

                     BOARD OF DIRECTORS MEETING

                                         April 30, 2010

                            Mid South Community College
                                    Magruder Hall 108
                                    West Memphis,  AR


1.        President Bobby Gammill called the meeting to order at 10:10 a.
m. He

welcomed members present and special guest speakers, Mary Busby
and

Jackson Whitfield of Stephens Insurance, Billie Ann Askue of
QualChoice

Insurance and Craig Brown, National Cotton Council.

2.        Rotary introductions began with the following commenting on
the crops

in their respective areas: Bob McGinnis, Allen Helms, F. H. Lyons, J.
P. Walt,

Herrick Norcross, Bryan Moery, Cal McCastlain, Steve Stevens and
Bill

Weaver.  Their reports varied, depending on the location of their
crops. Using

their reports as a measuring tool, it appears that cotton acreage has

decreased while rice acreage could be on the rise.

Commodity reports were as follows:  In the absence of Thad Freeland,
F.

H. Lyons reported on the Soybean Promotion Board.  The budget of
the Board

includes money for promotion advertising.  An ad agency has not been

commissioned at this time.  The group heavily promotes the
University of

Arkansas’s breeding and genetics program.

Cal McCastlain reported on the Wheat Promotion Board.  Wheat
acreage

is down 190,000 acres, weather related.  The monetary reserve of
the Board

is low.  He said possibly the Board will consider joining resources
with another

commodity board for greater accomplishments.

Bryan Moery spoke for the Rice Research and Promotion Board.  The

Board is very proud of the new facility at the experiment station
which is state

-of-the-art.  Over the past 25 years the Arkansas Rice Breeding
Program has

contributed, because of improved varieties, $429,377,888 to
Arkansas’s

economy.

Bob McGinnis brought the group up-to-date on Cotton Board and
Cotton

Inc. activities.  The Cotton Board CEO has left.  A search committee
has been

placed to find a new CEO.  The deadline for submitting names and
resumes for

consideration is May 15th.  

3.        Don presented the minutes of the December 2009 meeting of
the Board

which was combined with the annual meeting.  Bob McGinnis moved,
Allen

Helms made the second, that the minutes be accepted as prepared
and

mailed to the Board of Directors.  Motion carried unanimously.  

4.        The financial report for March 2010 indicates that the
membership is

holding compared to last year, in spite of a few cancellations.  
Expenditures

are within the budget.  The Executive Board has requested that Don
move

forward to hire an additional employee which would allow him to
spend more

time collaborating with ACA members and other farmers and farming

interests all over the State.  In addition, the new person could more
closely

monitor government actions affecting agriculture in the State as well
as in

Washington.

5.   Bobby introduced Mary Busby and Jackson Whitfield of Stephens

Insurance and Billie Ann Askue of QualChoice to talk about
healthcare in

America. They talked about the “Patient Protection and Affordable
Care Act”

(H.R. 3590) and “The Reconciliation Act” (H.R. 4872) which was
passed by

both the House and the Senate on March 25, 2010 and signed by
President

Obama on March 30, 2010.  This clears the way for the beginning of

Healthcare Reform; every provision of the law will not take place
immediately.

The details of this new legislation will take months, maybe years, to
work

through the regulatory process.  Much of what Congress has passed
will

require additional regulations in order to bring clarity to this new law.

Craig Brown, National Cotton Council, was introduced to the group.  
He

talked about the 2008 Farm Bill, disaster assistance, the WTO Brazil
cotton

dispute and the next Farm Bill.  

The 2008 Farm Bill provides that one partial counter-cyclical
payment, in

an amount up to 40 percent of the projected counter-cyclical rate,
may be

issued after 180 days of the marketing year.  The partial 2009-crop
upland

cotton counter-cyclical payment rate is l.03 cents per pound.  Under
the 2008

Farm Bill, producers are required to repay any amount by which the
partial

payment exceeds the actual counter-cyclical payments determined
after the

end of the marketing year.  Sign-up must be totally finished by June 1,
2010.

Disaster assistance is addressed in HR 4213.  This will be considered

according to offsets of which $27 billion has been taken by health
care

reform.  Senator Lincoln has been working hard on this and is hoping
to have

it out by Memorial Day.

The WTO Brazil Cotton dispute is a long-running dispute brought by
Brazil

against the United States.  The WTO found in 2008 that certain U. S.

agricultural subsidies are inconsistent with WTO commitments.  In
August

2009, WTO arbitrators issued arbitration awards in this dispute,
allowing

Brazil to impose against U. S. trade. In March of this year, Brazil
announced a

final list of products that would face higher tariffs; this was scheduled
to begin

April 7, 2010.  Under pressure, prior to scheduled date, the United
States and

Brazil entered into bilateral negotiations to ask for no retaliation.  As
a result,

the Government of Brazil agreed not to impose any countermeasures
on U. S.

trade on April 7th.  In exchange the United States agreed to work
with Brazil

to establish a fund of approximately $147.3 million per year on a pro
rata basis

to provide technical assistance and capacity building.  Under the

Memorandum of Understanding, the fund would continue until
passage of the

next Farm Bill or a mutually agreed solution to the Cotton dispute is
reached,

whichever comes first.  The fund would be subject to transparency
and

auditing requirements.

Looking forward to the next Farm Bill, Collin Peterson, Chairman  of  
the

House Ag Committee, has a right to call hearings in all agricultural
areas in

the United States, Even though he does not want to hear from the
National

Cotton Council, only from grass-root farmers, he must hear a
consistent

message.  The Council plans to offer some talking points to help those

testifying before the Committee.  What happens with cotton will affect
other

commodities.  The budget baseline will be decreased in agriculture;
this will

be everyone’s challenge.  Changes will have to be made to fit the
budget as

needed.        


6.   There being no further business, the meeting was adjourned at 12:
30 p.m.


                               
                          
Bobby Gammill, President                                        Don Alexander,
Secretary