alan barrett

J. ALAN BARRETT 1350 Island Place East Memphis, TN 38103 901.412.6025 [email protected]

Professional Overview Mr. Barrett is an accomplished economist with more than 25 years of experience in futures and cash markets, commodity projects, non-traditional agricultural products, transportation and supply chain studies. Mr. Barrett publishes a weekly grain and oilseed bulk transportation report for North America. Mr. Barrett also produces the annual Barge Fleet Profile, Barge Commodity Profile, Barge Industry Fact Book and Crude Oil Barge Situation. Annually, conducts three Transportation Roundtables in locations where transportation happens. Presents at conferences about topics of interest in the transportation and commodity fields. Also present results of consulting projects to clients. Mr. Barrett’s expertise encompasses feasibility studies of oilseed crushing plants (soybean canola, and cottonseed), grain elevators, export elevators, shuttle elevators, grain container operations, flourmills and other processing facilities. Mr. Barrett has conducted transportation supply chain studies for grains, oilseeds, fertilizer, coal, natural gas, crude oil, and petroleum products. Mr. Barrett has considerable experience in non-traditional agricultural products such as coal, coke, natural gas, chemicals, hydraulic fracturing fluid, hydraulic fracturing proppants, glycerin, fertilizer, micronutrients, salt, limestone, cement, iron ore, pig iron, and steel, especially feed ingredients. His commodity analysis work includes studies of various fruit and vegetable markets and technologies impacting these markets. Mr. Barrett directs the company’s review of crop insurance policies administered by USDA’s Risk Management Agency. Mr. Barrett concentrates his efforts working with organizations and producers in North America, South America, Eastern Europe and Asia. Also works regularly with coworkers from foreign offices. Summary of Skills

Data analysis

Forecasting and modeling

Report generation

Presentations

Documentation

Key relationship management

Project coordination

Leadership Professional Experience Senior Consultant January 2006 – present Informa Economics Memphis, TN

Writes proposals, executes and presents results to clients.

Work well directly with a team as a project leader or worker.

Directs commodity supply chain projects for farmer based organizations.

Conducts due diligence for processing plants, grain elevators, and transportation equipment. for investors.

Directs company’s review of USDA’s Risk Management Association proposed insurance policies.

Writes the annual Barge Fleet Profile and Barge Commodity Profile.

Writes a quarterly Barge Fact Book.

Analyses a wide variety of uncommon commodities used in animal feeds and renewable fuels.

Multi-year projections for vast majority of commodities that are transported in a barge.

Analyses fruit and vegetable markets along with new technologies.

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Senior Transportation Analyst January 2006 – present Informa Economics Memphis, TN

Conducts extensive primary and secondary market research of transportation and logistics, supply-chain, agricultural or energy sectors worldwide.

Writes weekly reports on grain and oilseed transportation.

Analyses all modes of transportation and the broader transportation market.

Comments on the general domestic and world economic developments.

Conducts three Transportation Roundtables and delivers speeches at conferences and board meetings.

Operates databases that connect to the other areas of the company (acreage and production, crop analysts, livestock and consumption locations) to develop a regional supply and demand modal to predict grain flows. Manage, organize, and analyze large sets of data using Excel or Access.

Conducts the transportation work for consulting projects.

Provide social media content for farmer organizations concerning agricultural products and transportation developments.

Senior Cotton Analyst January 2006 – present Informa Economics Memphis, TN

Utilizes extensive cotton knowledge to fill-in for the full time cotton analyst when needed.

Writes weekly cotton report.

Writes daily cotton morning comments.

Writes daily DTN ghost writing. Consultant October 1998 - December 2005 Informa Economics Memphis, TN

Work in a team environment to develop client strategies.

Develop questionnaires and conduct high‐level interviews with industry participants.

Analyze market and price trends using statistical/econometric and business tools.

Summarize market research and analysis into reports. Associated Person April 1994 – October 1998 Refco Inc. Memphis, TN

Advises traders on potential trades using fundamental and technical analysis.

Primarily covered row crops, agricultural products, livestock, hog, metals and specialty crops. Analyzed relationship price spreads between the crops.

Provides advice of option trading strategies. Potato Analyst September 1997 - August 1998 Sparks Companies, Inc. Memphis, TN

Started a potato service for Sparks Companies. in charge of the Potato Research Reports.

The service was in relation to the New York Cotton Exchange potato contract.

Provided weekly commentary concerning the fundamentals of potatoes.



Commodity Trade Advisor June 1992 – November 1994 Prophet Inc. Memphis, TN

Managed money for future trading accounts.

Raised money and communicated with clients. Partner April 1993 – February 1994 Alta Montana Farms Bakersfield, CA

Managed the cash cotton position and future position.

Worked with local cotton gins. Assistant in Agricultural Extension September 1991 – June 1992 Agricultural Extension Service Knoxville, TN

Created enterprise budgets for crops, animal operations, and fruits and vegetables. Enabled the recommendations to be a database for computer programs like LISA (low input sustainable agriculture).

Developed first budgets that had actual brand name recommendations

Developed first budgets that incorporated different tillage methods.

After the Nebraska Time Trials ceased publication, updated the assumption concerning farming equipment.

Education

Master of Science, Agriculture Economics, University of Tennessee (May 1991)

Bachelor of Science, Agriculture Economics, University of Tennessee (December 1989) Fellowships and Awards

Outstanding Citizenship Award, Germantown, TN 1984

Top Employee of the 2016 Second Quarter. Volunteer Work

Raise money for Porter Leath House (Orphanage) with seafood gumbo team.

Raise money for the Ronald McDonald House for Saint Jude children with a wingfest cooking team.

Computer Skills

Microsoft Excel, Word, PowerPoint, Access, DropBox, Lync

Raise money for the Ronald McDonald House for Saint Jude children with a wingfest cooking team.

References

Dr. Eric Jessup, Associate professor, Washington State University

Chris Eggerman, Assistant Vice President and Credit Portfolio Consultant Food and Agribusiness Industry Advisors, Wells Fargo

Tracy Mack, Director Bulk & Packaged Goods Logistics, GROWMARK, Inc

Max Starbuck, Director Market Development, National Corn Growers Association

Mike Steenhoek, Executive Director, Soy Transportation Coalition



Consultant Work Examples

Developed 50 year forecasts for specific commodities that move on the Mississippi River System for United States Army Corps of Engineers. The baseline forecast was developed into five scenarios that identified a framework procedure, the analytics to evaluate impacts, and defined scenario parameters.

Provided for American Commercial Lines a “non-grain” service that includes analysis on coal, steel, fertilizer, salt, cement, and iron ores, and the transport of these products and commodities by mode and type of barge. The service is long-term in nature with outlooks of 3-5 years, updated quarterly. Monthly updates focus on recent industry news and policy updates, production and consumption trends, transport trends – barge movements, etc.

Produced a monthly report that analyzes the United States macro economy.

Completed intensive industry reports on oilseeds, oilseed crushing industry, soapstock, Canadian livestock, corn, cotton, cottonseed, strawberries, potatoes, sweet potatoes, white corn, pineapples, aquaculture, barges, micronutrients, and fertilizer.

Forecasted the World Bank macroeconomic baseline projections.

Produced long-term balance sheets and price forecasts for all fruits and vegetables grown in Michigan and North Carolina. Analyzes the profitability of different industry trends such as hydroponics and precut vegetables.

Identified fruit and vegetable production and processing activities that would enable farmers to transition away from tobacco. The project also considered the potential economic benefits of using a transportation facility (The Global TransPark Authority, in Kinston, NC) to assist in the movement of agricultural products.

Completed several soybean-crushing studies focusing on site selection, profit feasibility and the condition of the overall worldwide industry.

Evaluated the cottonseed crushing markets that included ten-year forecasts of the supply and demand of inputs and outputs.

Completed several canola-crushing studies focusing on site selection, profit feasibility, and the condition of the North American market.

Evaluated the vegetable oil refining industry and the potential of building an oil refinery.

Evaluated the possibility of importing palm oil into the Pacific North West. Determined the potential size of the market by major consumers. Market and logistic study of palm oil in the US.



Developed for biodiesel clients ten-year supply and demand forecasts for edible and

inedible animal fats. The categories are brown grease, yellow grease, choice white grease, lard, inedible tallow, edible tallow, poultry fat and spin oil.

Authors all the glycerin sections for the biodiesel reports. Analyzes and forecasts the price of glycerin. Developed balance sheets and a forecasting model for glycerin.

Evaluated how the rapidly expanding ethanol and biodiesel industries impacted the flow of corn, soybeans, soybean oil and distiller dried grains. Informa developed a strategy for how Canadian Pacific Railroad should invest to take advantage of the changing market places.

Evaluated how expansion of hydraulic fracturing would increase the demand for proppants, enzymes and guar within the hydraulic fracturing fluid.

Evaluated how rapidly expanding fertilizer production in Iowa impacts fertilizer moves for the Burlington Northern Santa Fe railroad.

Evaluated the impact of trans-fat free oil consumption trends on the US and Canadian vegetable oil markets on multiple occasions for Dow Chemical.

Headed an extensive multi-client study addressing the future of the North American feed complex that included ten-year forecasts of the drivers in the feed industry, the profitability of the feed industry, and a complete evaluation of the separate feed ingredients.

Evaluated all the terminals on the Mississippi River System in terms of potential profitability in conjunction with Growmark Transportation Services’ current terminalling operations.

Evaluated the South American barge market in terms of infrastructure, potential demand, and current size. Based on forecasts of commodity flows and the current size of the fleet, future fleet size estimates were made for Trinity Marine.

Evaluated for Waterways Council, Inc. how the proposed change in how the Dams and Locks are funded would impact the Mississippi River System in terms of overall health of the whole system, commodities moved, and select industries that are heavily dependent of the river.

Evaluation and outlook of the towing industry servicing the inland dry barge market along the Gulf coast for Biehl & Company, LP.

Evaluation and outlook of the liquid barge market, especially the asphalt market for Cypress Financial Corporation.



Market study of the outlook and forecast for the US marine transportation equipment

industry for GATX.

In-depth study of developments in the chemicals industry and implications for barge movements of chemical products. In-depth study of shale oil movements by transportation mode, with focus on barge. Evaluation and assessment of chemical and liquid product market opportunities for the inland tank barge market.

Evaluated the potential of increased tank barge movements on the Ohio River as a result of downstream developments from the Marcellus Shale play for multiple barge companies.

Economic outlook for the dry barge market operating on the inland navigation system.

Assessment and evaluation of inland of marine assets for AEP River Operations.

Barge Fleet Profile – Informa Economics’ conducts a yearly profile of the inland barge fleet include age of fleet data, equipment by company and value of used assets.

Barge Commodity Profile – Informa Economics’ annually prepares a commodity barge report, a compendium of barge movements by commodity and barge type.

Conducted several economic evaluations of the conditions of bridges and road weight limits for national and state commodity association, with focus on impacts to the agricultural sector.

Evaluated the market potential of new technology that turned soybean and cottonseed soapstock into a value-added product. Other value-added technology projects involved upgrading meat quality and turning human waste into a nitrogen fertilizer with a high organic material content.

Conducted several studies for state associations and major multinational grain companies that evaluated the requirements of grain, soybean and product export capacity in North America.

Origination dynamics for corn, soybeans and wheat for export elevators.

Evaluation of the Canadian grain handling system after the elimination of the Canadian Wheat Board.

Global sustainable soybean transportation, comparing Argentina, Brazil and the United States.

Economic impact analysis of the low water event between St. Louis and Cairo.

Development of a Port Master Plan for Cates Landing.



Worked with Port of Memphis on analyzing commodity flows.

Analysis of Canadian Grain Port Terminals.

Evaluation of terminal investment alternatives for a private grain company.

Farm to market study for Soy Transportation Coalition.

Panama Canal Expansion: Impact on US Agriculture study for Soy Export Council.

Conducted a massive multi-client study on constraints in the North American transportation system and how the flows of commodities are impacted, with special attention given to fertilizer, coal and crops.


alan barrett

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