USSEC attended the National Conference of the Romanian Feed Manufacturers Association, hosted by Smithfield, on March 16 and 17 in Timisoara City, Romania. Over 80 industry delegates and 10 foreign speakers from European and U.S. organizations participated in this event.
The USSEC delegation included American Soybean Association (ASA) vice president Bret Davis and United Soybean Board (USB) director David Iverson, and USSEC Regional Director – European Union (EU) / Middle East – North Africa (MENA) Brent Babb who traveled to Romania with the goal to increase awareness of U.S. Soy and promote sustainable U.S. Soy among members of the Romanian Feed Manufacturer Association.
After a brief introduction of USSEC provided by Mr. Babb, Mr. Davis spoke on “U.S. Soybeans’ Sustainability and Biotechnology” and Mr. Iverson discussed “U.S. Soy Outlook for 2017.” Both presentations were well-received by the audience and fit the conference agenda entitled “Security, Safety, and Sustainability for Increasing Competitiveness of the Feed Industry.”
In addition to the sustainability presentations made by the keynote speakers from USSEC, DSM, and Smithfield Romania, the audience was exposed to presentations approaching new sustainable feed products including extruded linseed or feed additives such as soy chelates. The event also provided the delegates with insight on the latest trends in raw materials, feed additives, and feed manufacturing, besides creating ample opportunities for feed companies and suppliers to interact and network.
USSEC Animal Utilization Consultant – Romania Dr. Iani Chihaia, acting as a facilitator for this event stated, “The solid presence and support of USSEC confirms our belief that the local feed and livestock industries will expand in the near future. We hope that the Feed Association will continue to serve as a platform for the industry players that allows our members to grow and implement the latest standards in safe and sustainable production.”
During the second day of the event, participants were invited to tour Smithfield’s Ferme Feed Mill, located in Vinga, Arad County. Over 60 people had the chance to take a tour to the largest and uniquely American-designed and -engineered feed mill in the country. The plant is an example of a feed manufacturer being able to produce different feeds under the latest safe and sustainable feed industry standards.
According to an ANFNC press release about the event, the conference in Timisoara was by far the best meeting of the feed association since its inception. Romanian representatives who attended and listened to the presentations were truly impressed with Smithfield’s overall organization, the quality of speakers and presentations, and the networking opportunities.
As for the foreign speakers and sponsors of the conference, the event allowed them to get a better understanding of the Romanian feed and livestock actual reality and potential for progress and expansion. It clearly showed the opportunities and potential that exists in this particular market for growth in livestock production and, consequently, the use of sustainable feed additives and manufacturing technologies, with U.S. Soy being one of the key products in this regard. Even though Romania is not one of the largest soy markets in Europe, its livestock and feed industries are growing and set a good example for other Eastern European countries to develop their industries.
Having USSEC delegates participating and giving speeches at the conference and offering support over the past several years for the development of ANFNC, as a strong professional organization and professional forum, is probably one of the most important success stories on how U.S. Soy farmers are committed to building relationships with European industry professionals and end users. USSEC will continue its promotional efforts to accompany the growth of this market and to position U.S. products in this market.
American Soybean Association (ASA) vice president Bret Davis and United Soybean Board (USB) director David Iverson traveled to Romania during the third week of March to visit with key soy importers and end users, including Bunge Romania, Banvit Romania, Combial – Bona Avis, Fatrom Swine Integration, and Smithfield Ferme. The delegation also visited the Animal Nutrition Research Institute (IBNA) to meet with shareholders, executives, and technical staff from customer companies. USSEC Regional Director European Union (EU) / Middle East-North Africa (MENA) Brent Babb joined the delegation and USSEC Animal Utilization Consultant – Romania Dr. Iani Chihaia escorted the group for the field visits.
The main goal of the grower leaders’ mission was to convey a strong message on the U.S. Soy Advantage and demonstrate the commitment of U.S. Soy farmers to the growing feed and livestock industries in Romania.
The week began with an informative meeting with Monica Dobrescu, Ag Specialist at Foreign Agricultural Service (FAS) – Bucharest. Currently, Romania is the second largest EU 27 producer of maize and the top producers of sunflower seeds. With fertile soils and access to technologies, the country is producing annually over 20,000 metric tons (MT) of these products, but still exporting over 60 percent of the cereals and importing about half of the pork meat. The pork meat deficit and growing demand for animal products from the domestic and export markets has attracted several local and foreign investments (U.S., China, Denmark Holland, Turkey, Greece, and Switzerland) in the swine, poultry, and beef industries.
The delegation of U.S. Soy farmers had a tight and intensive program of visits, which gave them the chance to discover and understand Romania, one of the most important agriculture producing countries in Europe. Field visits were informative and allowed them to get a better understanding of the local farming sector, the reality of the feed and livestock industries, and the potential for progress and expansion. This helped the grower leaders to understand the opportunities and potential that exists in the Romanian market for growth in animal production and consequently, in the use of U.S. Soy products.
Continuing to support U.S. Soy customers will assist the development of this market and better position U.S. Soy products, especially because the companies and people visited during the week were very positive toward USSEC and U.S. Soy, standing to reason that the extra effort in supporting the current developments will deliver major returns in the near future.
USSEC hosted a one-day seminar in Bucharest during the first week of March for Romanian and Bulgarian nutritionists and feed mill managers with the goal to emphasize the efficient use and processing of U.S. Soy quality.
Through the papers presented at the seminar, consultants delivered a strong and clear take-home message: U.S. soybean amino acids’ digestibility and energy higher values advantages can better solve challenges of balancing feeds, high animal performances, and profitability. In addition, U.S. Soy farmers, as trusted suppliers, are able to supply the needs of today’s European feed industry for sustainably sourced ingredients.
“The audience enjoyed the information about relationship between soybean meal physical properties, anti-nutritional factors, and effects on animal performances,” stated USSEC consultant Dr. Gonzalo Mateos, professor of animal science at the University of Madrid, Spain. “There were very good interactions with participants regarding soybean meal attributes: particle size and particle size distribution, bulk density, color, trypsin inhibitors, urease and solubility indexes and how these properties impacts poultry and pigs performances. Several studies have been demonstrated that U.S. soybean meal is by far a superior ingredient compared to other origins soybean meals.”
Prior to and after the event, USSEC consultants Dr. Mateos, Dr. Birger Svihus, and Dr. Juan Acedo were escorted by USSEC Animal Utilization Consultant – Romania Dr. Iani Chihaia on field visits, with the goal of meeting soy end users and looking at the challenges that they are facing and how USSEC can provide solutions and maximize demand for U.S. Soy.
By the end of the activity, technical people from companies visited and seminar participants gained more knowledge about U.S. Soy’s positive attributes and, in this way, preference for U.S. Soy continues to be built.
The 5th regional Europe Union / Middle East – North Africa (EU/MENA) Soy Trade Exchange was held in Lisbon, Portugal, gathering almost 180 participants from roughly 40 countries.
The opening speeches and conference materials reminded the audience that soy products are the number one U.S. agricultural exports valued at over $20 billion with nearly 60 percent of total U.S. soybean production exported last year. Europe, the Middle East, and North Africa largely contributed to this export success. The U.S. Soy industry appreciates the partnership with the countries and companies represented in the audience.
The conference covered a number of topics that highlighted the developments and challenges central to the international and local soy markets and agricultural landscape. Major industry experts and senior trade representatives from Europe and MENA, including northeast Europe, attended the event and addressed many key topics. The participants showed real interest in learning about the latest developments in the soy markets, risk management, sustainability and quality.
In addition, the planned social and networking activities provided ample opportunities to develop and strengthen the relationships between the customers and key members of the U.S. soybean industry and explore real business opportunities.
Among the audience, USSEC had six customers representing leading commodity trading companies and feed compounders in the northeast European sub region who enjoyed the professional sessions and the whole conference.
Agnieszka Kotarska of Glencore-Poland said, “Thank you, USSEC, for having us at this highly professional and super interesting event. I am sure my Polish and Hungarian colleagues agree with me that the firsthand information gathered here and personal contact with many experts and industry members from the U.S., Europe, and other countries will be beneficial in our work in the months to come. We think it was a great event!”
These customers also valued the organizers providing all the presentations to them after the conference, calling it “unique” in the convention business.
USSEC staff and local regional consultants also held the event in high regard. USSEC Technical Director for Northeast Europe Jerzy Kosieradzki stated, “It was probably the best of all of the regional trade conference we had ever had in Europe/MENA Region. The presentations on soy markets and macroeconomic perspective were especially valuable and considered first class.”
The Lisbon Trade Exchange also confirmed that the earlier strategic decision made in the hosting region to reduce USSEC’s Europe/MENA customers presence at the U.S. Soy Global Trade Exchanges, while focusing instead on the regional buyers’ conferences every second year and clearly targeted team trips to the U.S., was a good decision.
USSEC’s aquaculture program in Southeast Asia is the centerpiece of SeafoodSource.com’s story, “Offshore Aquaculture Taking Off in Southeast Asia.” USSEC Aquaculture Program Lead Technical Consultant – SEA Lukas Manomaitis recently spoke to the publication about training and promotion programs to promote the use of U.S. Soy in aquaculture in key producing countries including Indonesia, Philippines, Thailand and Vietnam.
Mr. Manomaitis discussed rising interest in offshore aquaculture, which species have the best potential for offshore aquaculture, and the growth in offshore cage aquaculture, among other topics.
To read the article in its entirety, please click here.
SeafoodSource.com’s website provides seafood buyers and sellers worldwide with in-depth news and information.
USSEC is featured in the online article “Quality, Sustainability Boost U.S. Ag Exports” on FarmWeekNow.com.
The story points out that even though China is the U.S. Soy industry’s top market, smaller markets hold future growth potential. Part of that growth is due to the U.S. Soy Sustainability Assurance Protocol, plus the consistent quality and availability of U.S. Soy.
To read the article in its entirety, please click here.
FarmWeekNow.com is a news and communications arm of the Illinois Farm Bureau.
USSEC attended the 2017 Commodity Classic, “Farmer Up!,” from March 2-4 in San Antonio, Texas. The Commodity Classic is generally regarded as the largest farmer-led and farmer-focused convention and trade show in the U.S. The convention provides opportunities for growers, member associations, agribusinesses, and media to scope out new products and connect with each other.
In addition to hosting a booth, USSEC also hosted a reception prior to the ASA banquet on Friday evening. About 85 people attended the U.S. Soy Family Gathering. Attendees included U.S. Soy grower leaders along with leadership from Qualified State Soybean Boards (QSSBs), ASA, and USB.
“The reception provided a good opportunity for the U.S. Soy family to meet and network before the ASA banquet,” said USSEC Stakeholder Relations Manager Will McNair.
USSEC held its board meeting on February 28 in San Antonio, Texas.
The board of directors discussed issues pertinent to the U.S. Soy industry, before listening to a review and adjustment of strategy, given by USSEC Chief Program Officer Ed Beaman.
In addition to his CEO report, USSEC CEO Jim Sutter provided an update on internally managed funds (IMF) funded projects. USSEC Communications Manager Lisa Humphreys provided an update on the content marketing strategy, including the re-launch of USSOY.org.
The board also covered public and operational policy, hearing reports from each committee: executive, audit & budget, membership/industry relations, and governance.
On March 1, the USSEC executive committee also had joint meetings with both the American Soybean Association (ASA) and United Soybean Board (USB) executive committees.
USSEC recently brought Dr. Jannes Doppenberg, swine nutrition expert at Schorthorst Feed Research (SFR), the Netherlands, to Poland to visit with a number of local feed compounders and swine integrators and discuss their feeding programs. From the point of view of the U.S. Soy industry, such personal visits of internationally renowned experts help to build up its relationships with key local nutritionists, which is key to delving deeper into their feed formulations, and encouraging them to share how they formulate feeds and which feedstuffs and nutrient restrictions they use.
At a couple of companies, presentations were shown on the effect of birth weight on technical performance and meat quality, along with the effects of dietary amino acid levels and genetics. In conclusion, weight selection of the starter piglets and split sex feeding will decrease feed costs and improve carcass validation. It was emphasized that higher levels of dietary amino acids will improve carcass quality, especially with genetically superior piglets and boars versus barrows. This will obviously increase the soybean meal usage.
The nutritional discussion at some of the other companies focused on lactating sow feeds. Results were presented on how to increase feed intake by using high quality proteins, meaning an amino acid profile as close to ideal as possible and a high ileal digestibility. This provided the USSEC consultant with the opportunity to mention the higher quality of U.S. Soy.
At one company, the discussion concentrated on comparing technical results from Poland with those in the Netherlands, U.S., and some other leading countries. With a lowest feed conversion ratio (FCR) of 2.6 (up to 3.1 with high slaughter weights), there was a lot of room for improvement. This meant the energy conversion was even worse. The use of an standardized ileal digestibility (SID) amino acid profile and net energy system were discussed in order to improve technical performance and validate the superior quality of U.S. soybean meal. The bi-monthly soybean meal quality by origin report produced by SFR for USSEC, which included shadow pricing for Poland, was shown to the customers.
Also, the expert’s meeting with the largest integration in Poland, ended with a clear conclusion that setting higher levels of SID amino acids in their pig diets would increase the usage of soybean meal slightly increasing the feed cost, but would result in better carcass quality of their finished pigs.
The USSEC Americas team recently took part in the 2017 International Production & Processing Expo (IPPE) in Atlanta, as part of their animal utilization mission to the U.S. Over 31,000 poultry, meat, and feed industry leaders from all over the world visited IPPE. The 2017 IPPE featured 1,273 exhibitors and just over 8000 international visitors from 129 countries, with Canada having the largest representation with almost 1,400 attendees. The largest regional representation, however, came from the Caribbean, Mexico, and South America, adding up to 3,226 visitors, showing the strength and interest of the related industries in the Americas Region.
USSEC participated by having multiple regions represented and through various activities. The presence at the booth of U.S. Soy grower leaders, staff, and consultants from diverse regions allowed for animated discussions and interactions with visitors and industry representatives from multiple countries as well as exposing them to the U.S. Soy advantage and communicating the U.S. Soy sustainability message. This all translated to a prime opportunity for USSEC to continue building a strong preference for U.S. Soy.
The USSEC Americas team was represented by Gerardo Luna, Pedro Lora, and Belinda Pignotti, who, prior to the event, worked closely with the local Foreign Agricultural Services (FAS) and U.S. Department of Trade Representations Foreign Commercial Service (FCS) representatives in the Americas to promote the registration of more than 750 contacts, all of whom were told about USSEC’s booth and encouraged to participate in USSEC activities during the event.
While attending IPPE, USSEC Americas consultants participated in the animal utilization (AU) contractor meeting held on February 1. Led by USSEC CEO Jim Sutter and Pam Helmsing, USSEC Marketing Director, Animal Utilization & Meal and Acting Asia Sub-Continent Lead, the meeting proved an interesting and useful experience allowing for interaction with contractors from different regions around the globe. Mr. Lora, Ms. Pignotti, and Mr. Luna shared relevant markets’ current conditions, successful experiences throughout the most recent fiscal years, and potential activities to best service stakeholders with U.S. grower leaders and staff.
At IPPE, USSEC hosted a luncheon where USSEC consultant Dr. Gonzalo Mateos presented a technical lecture, “Have You Checked Your Soybean’s Pedigree Lately? – Evaluating the Nutritive Value of Soybean Meal in Poultry Diets.” More than 120 people, including direct customers and lead industry association representatives, as well as FAS, FCS officials, and U.S. Department of Agriculture (USDA) cooperators from more than 20 countries, attended this event. USSEC staff and contractors all collaborated in hosting such a distinguished group of guests.
Although the Americas region did not sponsor a group of industry representatives, prior to the event, consultants worked very closely with the local FAS and FCS representatives in the Americas, who did co-sponsor relevant attendees. Efforts by the regional team included promoting the registration of more than 750 contacts, namely from Colombia, the Dominican Republic, Ecuador, Mexico and Peru. These contacts were all previously informed of USSEC’s booth and its location, and were specifically invited to USSEC’s luncheon. The Americas regional consultants arranged for two major specialized media to cover and report on the event and to have Dr. Mateos interviewed, thus resulting in a strong support of the distribution of information on USSEC and the technical content of conference.
“IPPE was a great experience that involved team work and crossing the efforts amongst consultants from different regions,” said Mr. Luna. “We all enjoyed interacting with visitors from all over the world and introducing our regional customers to the grower leaders. Our customers enjoyed talking with them and our ‘neighbors’ from SoyMeal InfoCenter, which provided ideas for potential activities.”
He continued, “Our team really enjoyed the opportunity to service our membership, both exporters and allied classes, and to provide them with specific information, contact leads, and market references and updates. Our conversations with them on their specific interests and capacities allowed us to better suggest contacts and better target their efforts.”
Leading up to and during the Free Trade Agreement between the U.S. and Colombia, USSEC – Americas has worked on a number of projects promoting the usage of U.S. soybean oil to importers, refiners, end users and consumers.
With the new long-range strategic plan (LRSP), the direction has changed to build more demand and value in the marketplace. Buyers at oil refineries have shown increased interest in USSEC’s new projects, and 100 percent of all soybean oil refining companies have committed to the 1st U.S. Soybean Oil Risk Management conference.
In this fiscal year, U.S. soybean oil exports to Colombia have grown from 25,400 metric tons (MT) to 54,600 MT, or approximately 115 percent above last year at this time. Colombia is now the third highest importer of U.S. soybean oil in the world and U.S. imports are expected to increase.
USSEC – Southeast Asia (SEA) held its 2017 USSEC Aquaculture Feed Nutrition Workshop in Davao City, Mindanao, Philippines on February 20.
Levy Loreto L. Manalac, USSEC Technical Consultant, Aquaculture – Philippines and Mark Newman, USSEC Feedmill and Nutrition Consultant, led the workshop. Mr. Newman presented how to utilize U.S. Soy products to reduce the amount of fishmeal and fish oil in aquaculture feeds, information on milkfish nutrition, and how to maximize the value of feed ingredients in a high priced environment. Mr. Manalac introduced USSEC Soy in Aquaculture in SEA and the Philippines, and presented USSEC’s results on a milkfish feeding demonstration in the Philippines.
23 feedmill staff, salespeople, and managers from different aquaculture feedmills in Mindanao attended the workshop, in addition to representatives from a fisheries institution and a feed additive company.
USSEC re-launched its external facing website, USSOY.org, as the primary resource for U.S. Soy content on February 23.
“The goal of the new site,” explains USSEC Communications Manager Lisa Humphreys, “is to become the destination for international end users of U.S. soybeans and soy products.”
The strategy and redesign of USSOY.org has transformed the site into a publishing platform that prominently features new content and is integrated with USSEC’s content marketing strategy.
USSOY.org houses U.S. Soy content published and/or developed by USSEC, including written stories, videos, podcasts, and infographics.
“USSEC creates and aggregates large amounts of content, but we wanted to find a better way to share this with our customers and end users,” says Ms. Humphreys. “The new site let us deliver this content through a ‘need to know’ format and displays these resources in an easily digestible, streamlined manner.”
Writers from the U.S. Soy family, or external authors, are able to contribute content to this continually refreshed publishing platform. If the material is accepted through an approved workflow, the story will be published on the site.
USSOY.org content includes topics and stories that are compelling, relevant, and timely for the U.S. Soy industry. The site’s content is organized into six channels that group articles together and help users to easily find relevant content through sorting. The channels include:
Additionally, USSOY.org helps USSEC to demonstrate and support the U.S. Soy Advantage, a key component of the United Soybean Board’s (USB) Long-Range Strategic Plan (LRSP). The U.S. Soy Advantage is founded on innovation, which is focused on investment in continuous improvement and meeting customer needs. Through USSOY.org, USSEC and the U.S. Soy family are able to create and enhance partnerships that increase the value and preference for U.S. Soy.
USSEC hosted a team of delegates from Morocco’s feed, egg and poultry industries at the International Production and Processing Expo (IPPE) in Atlanta, Georgia from January 31 – February 2. The show, considered to be in the top 50 of all U.S. trade shows, is a world meeting forum for suppliers, producers, and processors displaying the latest equipment and services representing the entire chain of protein production and processing, creating a meeting platform for international soy buyers and U.S. suppliers. This year’s conference welcomed a record number of attendees with over 31,000 from more than 130 countries. Key decision makers from poultry operations, integrated companies, feed mills, associations, and allied industry professionals share ideas, network, and conduct business.
At the luncheon hosted by USSEC, attendees learned how to differentiate soybean meal by origin and the advantages of U.S. soybean meal through the presentation of Dr. Gonzalo Mateos, professor of Animal Science at the University of Madrid, titled “Have You Checked You Soybean’s Pedigree Lately? Evaluating the Nutritive Value of Soybean Meal in Poultry Diets.”
USSEC consultant – North Africa Benabdeljelil K. accompanied customers and guided them through various activities conducted by USSEC and IPPE. At the USSEC booth, they learned more about the organization and U.S. Soy products through discussions with grower leaders, including United Soybean Board (USB) director Bob Metz, American Soybean Board (ASA) director Brian Ogletree, and Rusty Smith, Arkansas Soybean Promotion Board. USSEC team members and several consultants from other markets discussed several issues related to soybean use with customers.
The main factors impacting demand for U.S. Soy as a key ingredient in animal feed, successful tactics to differentiate and create a preference for U.S. Soy, specific promotion materials, common communication messages adapted to regional needs were the issues discussed during the animal utilization meeting held by USSEC CEO Jim Sutter, aiming to develop successful and focused actions helped by collective expertise and resources.
The one-on-one interactions during the three-day event improved confidence and trust levels with the U.S Soy industry and USSEC’s worldwide operations.
The January 2017 edition of PorcMag, the leading publication of the French pork industry, contains a detailed article on sustainable soy production in the United States. Written by Pascal Kuipers, a Dutch food and agricultural journalist, the article describes the importance of exports to U.S. soybean producers; raises and addresses some of the common European concerns with GM, such as weed resistance and concentration of the industry while highlighting the contributions that GM technology makes to producing sustainable soybeans (less fossil fuel and greenhouse gases, less water and improved soil health); and comments on soy imports and incentives for the production of alternative protein crops in France. Focusing on sustainability, the article reviews the role of the U.S. Department of Agriculture’s (USDA) Natural Resources Conservation Service (NRCS); the Field to Market Program and USSEC’s Sustainable Soy Assurance Protocol (SSAP).
USSEC and its partners have an active campaign to promote greater awareness of sustainable U.S. Soy among key industries in Europe, including feed companies and livestock producers. PorcMag is a principal news outlet for the French pork industry, publishing 6000 hard copies each month in addition to its substantial online readership.
Kuipers participated in a USSEC-sponsored trip to the United States last fall, which included visits to farms in Iowa, Maryland and Delaware. The visit and his interviews provided the basis of the article.
USSEC worked closely with the Foreign Agricultural Service (FAS) to arrange a visit to a fish farm in Egypt for members of the U.S. Senate Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies on February 22.
The visit included the following members from the Senate Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration and Related Agencies: Rachel Santos, professional staff; Carlisle Clarke, majority clerk; Patrick Carroll, professional staff; and Jessica Schulken, minority clerk.
The visit also included members of the U.S. Department of Agriculture (USDA) / FAS: Chris Church, Director, Legislative Affairs; Ronald Verdonk, Minister-Counselor; and Dr. Ahmed Wally, Agricultural Specialist.
Essam el Barabary, a prominent member of the Egyptian aquaculture industry, hosted the visitors at his farm in Burg el Arab outside of Alexandria.
Hussain Mansour, chief executive of Aller Aqua Egypt, an Egyptian-Danish partnership company, also attended the tour. Aller Aqua is among the top aqua feed producers in Egypt with a production capacity up to 150,000 metric tons of extruded feed, making the company the largest feed producer in Egypt.
During the visit, Mr. Essam explained the production strategy for the farm and the advantage of having good water quality. He explained that water quality at the farm has enabled him to produce a variety of fish species including tilapia, mullet, sea bass, and European eel. Mr. Essam said that the feed for the farm is supplied predominantly from Aller Aqua.
Mr. Hussain explained that Egypt ranks eighth in terms of world aquaculture production, second in the production of tilapia, and first in mullet production. He also stressed the importance of using high quality raw material in feed production and that his preference to use U.S. soybean meal is for its digestibility and consistent quality. He stated that the quality attributes of U.S. soybean meal are clearly visible upon physical evaluation of the product.
During the discussion, Mr. Hussain pointed out that digestibility of U.S. soybean meal, measured by protein solubility (KOH) was clearly demonstrated during a feed trial that was conducted during 2013, which was sponsored by USSEC and implemented at WorldFish. At that time, Aller Aqua produced the feed according to the parameters and formulation provided by USSEC, primarily the use of U.S soybean meal in the diet. Mr. Hussain went on to explain that the growth rate achieved during the trial is due to the highly digestible protein content of U.S. soybeans.
USSEC Country Representative – Egypt Salah Taher, who organized the visit together with USDA/FAS, explained to the committee members that building a preference for U.S. Soy in the Egyptian aquaculture industry is a continuous effort that the USSEC team has been promoting through close cooperation with the aqua industry. Seminars, feed trials, and one-on-one technical visits are among the tools used by USSEC to demonstrate the advantage of using U.S. Soy.
Mr. Salah went on to explain the scale of the Egyptian aquaculture, an industry that produces 1.2 million metric tons (MMT) of fish annually and is the primary source of protein for 90 million Egyptians. Per capita consumption of fish is currently 21 kilograms (kg) higher than the per capita world average, which is approximately 19 kg.
Mr. Essam also hosted a luncheon, which was served in a traditional Egyptian tent. During lunch, Mr. Essam and his colleagues presented a number of general topics, including the importance of developing a cold chain and cold storage to overcome the price fluctuation that results from seasonality of supply.
Executive presidents from the Venezuelan Feed Association (AFACA); Poultry Federation (FENAVI); and Swine Federation (FEPORCINA); in addition to institutional representation from Grupo La Caridad, the country’s largest animal integrator; Protinal/Proagro, the second largest animal integrator; Mayupan, the largest turkey producer in Venezuela; and Alconca/Ovomar, and Venezuela’s largest egg cooperative); and FAS Caracas officials attended a trade luncheon hosted by USSEC Americas.
One of the meeting’s main topics was the serious supply problem the industry is facing with the lack of foreign currency flow and availability. From June through September 2016, the industry contributed with a temporary “relief” by importing raw materials at a free dollar exchange rate, but this is no longer sustainable. From now on, all imports of raw materials will be made by the government’s purchasing agency only. According to this group, there is some local corn to last until February 2017, but the government will have to resolve the supply of soybean meal. The group stated that they foresee the sector shrinking by 20 percent of what used to be a regular production of 6 million metric tons (MMT) of feed up until 2015.
As part of USSEC’s goals for regulators to understand the need to innovate trade barriers and allow a better flow of U.S. Soy imports into the Americas regio, USSEC, and Foreign Agricultural Service (FAS) – Lima, and FAS – Quito, were involved in the process of gathering the recommendations necessary for an extension of a zero percent customs duty deferral for soybean meal imports to Ecuador. Parties involved worked very closely with the Trade Division of the Ministry of Agriculture, Livestock, Aquaculture and Fishery (MAGAP).
On December 21, 2016, MAGAP presented a technical report with the recommendations to grant an extension of the customs tariff deferral of zero percent ad-valorem, and the temporary suspension of the Andean Price Band System for imports of soybean meal from any origin.
On December 23, 2016, during a general session of the Foreign Affairs Ministry of Ecuador (COMEX), a three-year extension was approved, expiring on December 31, 2019.
According to the official document of this resolution, “The custom tariff in Ecuador is a tool of economic policy that must promote the development of local production, in accordance with government policies, to increase competition in the productive sectors in Ecuador.
Through Resolution No. 59 of May 17, 2012, published in the Official Registry No. 859, dated December 28, 2012, the custom tariff in Ecuador was approved.
With Resolution No. 040-2014, adopted on November 26, 2014, the Ministry of Foreign Affairs of Ecuador (COMEX ) resolved to defer to 0% ad valorem and suspend the application of the Andean System Price Band until December 2016 for the importation of soybean meal, classified under customs tariff code 2304.00.00.00, referred to meals and other solid residues obtained from the extraction of soybean oil, including grinded or in pellets.”
USSEC’s fifth annual U.S. Soy Global Trade Exchange will be held in Omaha, Nebraska on August 15, 16, and 17, 2017. The U.S. Soy Global Trade Exchange will be held in conjunction with the 14th annual Midwest Specialty Grain Conference and Trade Show and the 6th annual Trade Team Invitational at the CenturyLink Center and the Hilton Omaha. USSEC and the Midwest Shippers Association (MSA) are once again teaming up to host their signature event known for its value as well as its exclusive access to qualified international buyers
“As a Nebraska farmer, I am delighted to welcome the U.S. Soy Global Trade Exchange to my home state,” stated USSEC Chairman Jim Miller. “The GTE is an important networking event for U.S. industry and exporters and provides a fantastic opportunity for the buyers of U.S. Soy to view U.S. agriculture and meet with our farmers face to face.”
The state of Nebraska ranks fifth in production of U.S. Soy. In 2016, Nebraska soybean farmers harvested 305.7 million bushels on 5.3 million acres, worth $2.6 billion.
The U.S. Soy Global Trade Exchange is USSEC’s biggest event of the year, bringing together international trade teams and U.S. Soy industry representatives for key discussions and personal networking. Last year, carefully selected delegates from more than 55 countries participated in this unique opportunity. In 2017, USSEC is expecting a large international presence of qualified buyers from both the feed and food sectors.
For more information, contact Will McNair at (314) 413-5522 or email@example.com
Discussions focused on the quality, consistency and sustainability of U.S. Soy during the 5th U.S. Soy Global Trade Exchange for Europe – Middle East/North Africa (EU/MENA) during the recent conference in Lisbon, Portugal. More than 180 customers and 15 USSEC members from 32 countries gathered to discuss the global soy market situation and expectations for the feed and food industry for Europe and the Middle East. USSEC’s two-day conference is one of the few events combining the soy industry throughout those regions and leading soy crushers, feed companies, and poultry and livestock producers were in attendance.
Conference presenters highlighted the importance of the Europe and Middle East market with data showing that EU-28 and Russia represented the top three countries in poultry and pork production growth since 2010, behind only the U.S. Additionally, 13 of the top 30 global feed-producing countries are in Europe and MENA and were represented at the USSEC conference. With one-third of the global gross domestic product (GDP), this region continues to increase its soy consumption and remains highly competitive in poultry and pork production.
USSEC and United Soybean Board (USB) director Todd Gibson, American Soybean Association (ASA) director Bill Wykes, and USB director Andy Fabin highlighted the sustainability of U.S. Soy in their presentations. Each emphasized the sustainability practices of his farm and his production expectations for the upcoming growing season.
Regional customers noted their appreciation in hearing about soy production straight from the producers. USSEC Regional Director – EU/MENA Brent Babb stressed the importance of the U.S. Soy Sustainability Assurance Protocol (SSAP) and the positive environmental indicators of U.S. Soy production. Nick Major, representing FEFAC, the European Feed Association, discussed the importance of sustainability to consumers and retailers in the Europe market. The SSAP meets the benchmark of FEFAC’s soy sourcing guidelines and is a welcome source of sustainable soy supply for the European market. The EU is one of the major users of the SSAP certification system, which now totals over 6.7 million tons in export shipments this marketing year, over 10 percent of U.S. Soy exports.