News: Event Announcements
The 4th Annual U.S. Soy Global Trade Exchange, which will take place in from August 30 – September 1 in Indianapolis, Indiana, is gaining traction.
USSEC, which will once again co-host the event with the Midwest Shippers Association, is pleased to announce that Satake and Mirasco are its first two exhibitors. Satake Corporation, based in Hiroshima, Japan, is a multinational company mainly focused in equipment for the processing and sorting of agricultural products such as rice, grains and beans. Mirasco’s primary business is distributing frozen meat commodities and animal feed ingredients primarily sourced from North and South American producers, to importers, distributors, and further processors in key world markets.
The Indiana Soybean Alliance is the conference’s first sponsor.
In 2016, USSEC is expecting a large international presence of qualified buyers from both the feed and food sectors.
For more information about the U.S. Soy Global Trade Exchange, please visit www.ussoyexchange.org.
The site of the 2016 U.S. Soy Global Trade Exchange, the JW Marriott Indianapolis, offers 104,000 square feet of meeting space, 1,005 guest rooms and 50 meeting rooms, making it an ideal place for the U.S. Soy industry and international buyers to build relationships.
Directly connected to the Indiana Convention Center and Lucas Oil Stadium via a climate-controlled sky bridge, the hotel is located across the street from White River State Park, Indiana’s only urban state park. White River State Park is home to the Indianapolis Zoo, White River Gardens, Indiana State Museum and IMAX® theatre, Eiteljorg Museum of American Indians and Western Art, NCAA Hall of Champions, Victory Field, and the Congressional Medal of Honor Memorial. It’s a quick stroll from the hotel to hundreds of dining, shopping and entertainment options.
The Indiana State Fairgrounds are just a short drive away and include the Glass Barn exhibit, which debuted during the 2013 Indiana State Fair. The Indiana Farming Experience housed within the Glass Barn gives visitors a vivid experience of what life is like for farmers and their families, demonstrating the relationship between farmers and their land and how technology serves as a bridge between the two.
With an estimated population of 848,788 in 2014, Indianapolis is the largest city in Indiana, second largest in the American Midwest, and 14th largest in the U.S. The city is nicknamed the Crossroads of America because it is the junction for so many highways and interstates.
The city notably hosts the largest single-day sporting event in the world, the Indianapolis 500, in addition to many other sporting events such as NCAA basketball tournaments and a recent Super Bowl.
Indiana ranks third in production of U.S. Soy. In 2015, Indiana soybean farmers harvested 307.4 million bushels on 5.5 million acres, worth $3.167 billion.
Agriculture in Indiana is a large and diverse industry that plays a vital role in the state’s economic stability, with 63,000 farms containing 15,400,000 acres (6,230,000 hectares) of farmland.
USSEC will host a signing ceremony for Chinese customers on September 24 in Des Moines, Iowa. The purchase coincides with President Xi Jinping’s visit to the U.S.
USSEC chairman Laura Foell says this agreement demonstrates that U.S. farmers continue to produce high-quality, sustainable soybeans in response to demand from international customers.
China imports approximately 25 percent of all U.S. Soy. The country was the top purchaser of whole U.S. soybeans in the 2013/14 marketing year and the second-biggest buyer of U.S. soybean oil.