MINNEAPOLIS -- At his first public meeting since leaving office in June, former USDA Deputy Secretary James Moseley last week told a standing-room-only crowd of more than 100 feed manufacturing executives that their industry must adapt and respond to energy, trade and political issues that pose a challenge to U.S. agriculture and feed industries.

In his keynote address at Feed Management Systems' first "Knowledge & Innovation" industry conference, Moseley cited a half dozen issues that could have a significant impact on U.S. agriculture and feed industries. Among them, he emphasized reductions in farm subsidies driven by world trade talks; terrorism; and alternative energy as major concerns.

Moseley challenged the audience to "pay attention and prepare to address world events that could have a significant impact on the farming sectors in the America.

"We are living in a changing global marketplace -- and that change is accelerating," he said. "I'm here to help you prepare for this change because the biggest risk for the feed industry is not to be adequately prepared."

Regarding terrorism and potential contamination of the food/feed supply, Moseley said this:

"I have worked both sides of this issue since 9/11. My real concern is with the Al Qaeda "look-alike" groups that are seeking low-tech methods to attack us. Agriculture is an easy target, and although the probability may be low, the affects would be catastrophic."

Moseley cited information technology and risk management strategies as critical tools for the feed industry in this changing business environment.

"We need to exploit information technology. It will enable us to accelerate decision-making and it provides a competitive advantage," he said.

"Knowledge & Innovation" was conceived by FMS as an invitation-only industry conversation, during which the company's customers and prospective customers shared knowledge and discussed business challenges, solutions and ideas aimed at business growth.

"We felt that there would be real value in bringing people together so they could network, share ideas, and come up with new strategies to move the feed industry forward. And that's exactly what happened," said Richard Reynertson, CEO of FMS.

The two-day event attracted feed industry leaders from government, academia and the business community. The feed industry was widely represented, with nearly 65 companies in attendance, ranging from coops to ingredient suppliers and premix manufacturers.

Feed Management Systems is a software company and a worldwide leader in solutions that link critical information between commercial feed manufacturers and their suppliers and end-users. FMS solutions automate formulation, pricing, ordering, labeling, delivery, risk management and regulatory compliance.

SOURCE: Feed Management Systems via Business Wire.