First 2014 U.S. Soybean Meal Cargo Arrives in Korea
- General News
The first U.S. soybean meal cargo of 2014 combined with dried distiller grains with solubles (DDGs) arrived in Incheon, Korea on January 16. The vessel Diamond Jubilee departed the Pacific Northwest on December 30. The combined cargo, supplied by CHS, consisted of 24,000 metric tons (MT) of soybean meal and 11,200 MT of DDGs from the U.S.
This shipment is the first of four cargoes of U.S. soybean meal contracted to arrive in Korea by March 2014. 12,400 MT of the soybean meal and 10,200 MT of the DDGs were unloaded at the Port of Incheon by January 22 for use by eight feed mills near the port. The remaining 11,600 MT of soybean meal and 1,000 MT of DDGs will be discharged at the Port of Ulsan and will be headed to eleven feed mills located in southeastern Korea.
USSEC staff continued sharing data on amino acid content in imported soybean meals as analyzed by Korea Feed Association with local feed mills in order to improve their feed formulation using U.S. soybean meal.