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News: North Asia

USSEC’s Moms to China Program Continues To Show Success

Monday, February 15, 2016
Category Biotechnology Event followup General News North Asia 
USSEC continues to mark successes related to its third Moms to China mission, which took place in early December as part of the International Soy Growers Alliance (ISGA).…

USSEC continues to mark successes related to its third Moms to China mission, which took place in early December as part of the International Soy Growers Alliance (ISGA). The goal of the mission was to engage with Chinese key opinion leaders (KOLs) to help build confidence in the safety and importance of biotechnology while highlighting how this technology can enhance sustainable food security.

Screen Shot 2016-02-15 at 1.11.06 PMThe KOL engagement achieved about 600,000 impressions and an event held at the Guokr Food Lab achieved about 100,000 impressions, which does not account for the impressions generated by non-KOLs who attended the events and shared it among their WeChat friends’ circles.

The Chinese language website, www.soyfarms.com, developed by USSEC, has posted a video of the Guokr event. Although the website is in Chinese, the video is in English with Chinese subtitles.  To watch the video, please click here.

USSEC Hosts Soybean Meal Feed and Swine Nutrition Training Program at IGP Institute for Japanese Industry Professionals

Monday, February 8, 2016
Category Animal Utilization General News North Asia 
USSEC, in collaboration with International Grains Program (IGP) Institute at Kansas State University, hosted participants from Japan for a swine feed and nutrition…

USSEC, in collaboration with International Grains Program (IGP) Institute at Kansas State University, hosted participants from Japan for a swine feed and nutrition course from January 10-15.

Japanese swine nutritionists and feed millers looked to USSEC’s Japan Soybean Meal Feed and Swine Nutrition Training Program for new ways to improve their swine nutrition and feed milling programs. Japan is currently the eighth leading pork producer in the world.

IGPThe course was structured to teach nutritional components and requirements as well as feed manufacturing for swine through lectures, workshops, guest speakers and field trips. 
 Participants were invited and sponsored by USSEC to increase their knowledge in the swine nutrition and feed manufacturing fields. USSEC consultant and course instructor Carlos Campabadal says that the partnership with USSEC is crucial.

“All U.S. grain buyers benefit from our membership with USSEC when they attend these courses because we know what their clients, the buyers, are looking for,” says Dr. Campabadal, feed manufacturing and grain quality management curriculum manager for IGP.

Course participant Toshiharu Taguchi, a feed manager at SEW Saisaikai Farms in Japan, says that he is interested in operating his own swine nutrition program.

“I was interested in coming to IGP Institute to observe U.S. swine facilities since I want to operate my own swine nutrition program. I will take back the information that I learned from Carlos on feed quality control.”

USSEC’s Farm Moms to China Program Completes Third Mission

Friday, December 18, 2015
Category Biotechnology General News North Asia 
USSEC’s Farm Moms to China program made its third trip to that country December 14-18. USSEC, working as part of the International Soy Growers Alliance (ISGA), sent…

USSEC’s Farm Moms to China program made its third trip to that country December 14-18.

USSEC, working as part of the International Soy Growers Alliance (ISGA), sent a team that included United Soybean Board (USB) director Nancy Kavazanjian, CommonGround volunteer Dawn Scheier, and Pilu Giraudo of Argentina. The team, which represents farm women and moms, attended the meetings in Beijing, accompanied by USSEC Communications Manager Lisa (Pine) Humphreys.

USSEC’s Farm Moms to China program is one of USSEC’s tactics to help build confidence in the safety and importance of biotechnology while highlighting how this technology can enhance sustainable food security.

In September 2014, USSEC sent four female agriculture representatives to China to forge connections with Chinese moms about the safety of GMO soybeans. The second USSEC delegation visited China from February 2-5, 2015 to participate in another series of meetings with their Chinese counterparts.

The goal of this program is to head off any misinformation that appears in the Chinese press and social media by reaching out directly to Chinese consumers to share scientific facts and build confidence.

“This mission provided exposure to over seven million people through Chinese social media,” said Ms. Humphreys. “It is absolutely critical for the U.S. Soy industry to educate Chinese buyers and consumers in its top export market, and the Farm Moms to China program allows us to do that.”

On this visit, the USSEC/ISGA team met with Chinese social media key opinion leaders (KOLs) to discuss the safety of biotechnology; organized a town hall meeting with a science-based online platform to discuss the safety of biotechnology; and created video footage from the town hall meeting that will be used on the Chinese language ISGA website.

The mission is expected to help generate hundreds of thousands of website views sending a positive message of the safety of biotechnology with the ability to leverage those views and demonstrate to Chinese government officials the commitment of the ISGA soybean growers to support their efforts to communicate the safety of biotechnology to the Chinese public.

USSEC’s Moms to China Program Marks Third Trip

Monday, December 14, 2015
Category General News North Asia 
USSEC’s Moms to China program is making its third trip to that country this week. The Moms Advocating for GM Technology In China (MAGIC) III meetings are taking place…

USSEC’s Moms to China program is making its third trip to that country this week.

The Moms Advocating for GM Technology In China (MAGIC) III meetings are taking place from December 14-18.

In September 2014, USSEC sent four female agriculture representatives to China to forge connections with Chinese moms about the safety of GMO soybeans. The second USSEC delegation visited China from February 2-5, 2015 to participate in another series of meetings with their Chinese counterparts.

This time, the team of International Soy Growers Alliance (ISGA) members representing farm women and moms includes United Soybean Board (USB) director Nancy Kavazanjian, CommonGround volunteer Dawn Scheier, and Pilu Giraudo of Argentina. The women are in China to meet with Chinese social media key opinion leaders (KOLs) to discuss the safety of biotechnology; organize a town hall meeting with a science-based online platform to discuss the safety of biotechnology; and create video footage from the town hall meeting that will be used on the Chinese language ISGA website.

MAGIC III team members Pilu Giraudo, Nancy Kavazanjian and Dawn Scheier prepare recipes for the Guokr town hall meeting

MAGIC III team members Pilu Giraudo, Nancy Kavazanjian and Dawn Scheier prepare recipes for the Guokr town hall meeting

This visit is expected to help generate hundreds of thousands of website views sending a positive message of the safety of biotechnology with the ability to leverage those views and demonstrate to Chinese government officials the commitment of the ISGA soybean growers to support their efforts to communicate the safety of biotechnology to the Chinese public.

USSEC Attends 2015 U.S.-China Poultry Industry Forum, AMCHAM Appreciation Seminar & Dinner in Beijing

Monday, December 14, 2015
Category General News North Asia 
USB director and Freedom to Operate (FTO) Action Team chair Bill Beam, American Soybean Association (ASA) treasurer Davie Stephens, and USSEC Marketing Director –…

USB director and Freedom to Operate (FTO) Action Team chair Bill Beam, American Soybean Association (ASA) treasurer Davie Stephens, and USSEC Marketing Director – Animal Nutrition/Meal Pam Helmsing traveled to China to participate in an FTO trade mission and attended the 2015 U.S.-China Poultry Industry Forum and American Chamber of Commerce (AMCHAM) Annual Seminar and Appreciation Dinner in Beijing from November 30 through December 5. The purpose of the mission was to engage Chinese policy influencers.

The team attended the U.S.-China Poultry Industry Forum, which was co-organized by USSEC. This year’s theme was Consumption & Promotion and Trade & Cooperation and the event provided in-depth discussion on the poultry production model, consumption promotion, latest advancements and other industry innovations to facilitate industry exchange and win-win cooperation between the two countries. USSEC Country Director – China Zhang Xiaoping and Mr. Stephens provided opening remarks and Mr. Beam gave a welcoming toast at dinner, in addition to providing closing remarks at the conference.

In his opening speech, Mr. Stephens described the U.S. Soy industry as a longtime partner to Chinese industries and talked about its commitment to China’s sustainable food security and food safety. Mr. Beam noted the importance of biotech approvals in a timely and transparent manner.

The USSEC team also visited customers, Sanhe Hopeful Grain & Oil Group and the Yangxiang Group before returning home.

Mr. Stephens

Mr. Stephens

Mr. Beam

Mr. Beam

China 3 Hope Full Beam Stephens SBO

Mr. Beam and Mr. Stephens check out soybean oil during a customer visit to the Sanhe Hopeful Grain & Oil Group

China 4 Great Wall Beam Stephens

The grower leaders get a chance to visit the Great Wall of China

 

USSEC Hosts U.S. Soy Buyers Outlook Conference in Japan

Monday, December 7, 2015
Category General News North Asia 
USSEC hosted the annual U.S. Soy Buyers Outlook Conference in Tokyo, Japan on November 19-20. A total of 350 crushers, feed millers, soyfood processors, traders and media…

USSEC hosted the annual U.S. Soy Buyers Outlook Conference in Tokyo, Japan on November 19-20. A total of 350 crushers, feed millers, soyfood processors, traders and media attended the two-day event.

2.USB treasurer and ASA director Lawrence Sukalski participated in a press conference during the U.S. Buyers Outlook Conference in Tokyo

USB treasurer and ASA director Lawrence Sukalski participated in a press conference during the U.S. Buyers Outlook Conference in Tokyo

Topics presented at this year’s conference included new crop quality; farm updates; introductions to examples of sustainability initiatives by Japanese companies; oilseeds market outlook; feed formulations; the Chinese soy market; and the U.S. Soy Sustainability Assurance Protocol (SSAP).

Additionally, seven U.S. food bean exporters exhibited at tabletop displays to showcase their new crop during the conference for food industry, including Clarkson Grain, DeLong, SK Food International, Scoular, and Neco Seed.

United Soybean Board (USB) treasurer John Motter and American Soybean Association (ASA) director Lawrence Sukalski traveled to Tokyo to participate in the conference. Other USSEC team members included USSEC consultants Dr. Seth Naeve and Dr. Jannes Doppenburg, along with USSEC Regional Director – North Asia Paul Burke.

The 2015 U.S. Soy Buyers Outlook Conference in Japan was sponsored by the Ohio Soybean Council, which was represented by Gretchen Mossberger and Katie Bauer.

U.S. Soy Buyers Outlook for feed/oil industry on November 19 in Tokyo, Japan

U.S. Soy Buyers Outlook for feed/oil industry on November 19 in Tokyo, Japan

U.S. Soy Buyers Outlook for food industry on November 20

U.S. Soy Buyers Outlook for food industry on November 20

U.S. – China Soybean Industry Relations Are Further Strengthened By Participating in Discussions at Major Industry Events in China

Monday, November 30, 2015
Category General News North Asia 
USSEC China successfully conducted the annual U.S. Soy Market Outlook Conference in Shanghai, one of the major soy trading centers in China. More than 100 importers,…

USSEC China successfully conducted the annual U.S. Soy Market Outlook Conference in Shanghai, one of the major soy trading centers in China. More than 100 importers, traders, crushers, feed millers and animal integrators from all over the country participated in this conference on November 16, which was fully funded this year by the North Dakota Soybean Council.

2015 marks the seventeenth year the U.S. soybean industry has conducted such an event for Chinese customers, who value such an opportunity to interact with U.S. grower leaders and market specialists to learn more information on U.S. Soy’s crop quality, market situation and price trend.

“We trust U.S. soybean growers and the industry as they have been providing not only the latest information on U.S. soybean crops through such an event, but also objective and impartial market opinions,” said one participant to the U.S. grower leaders and USSEC staff.

American Soybean Association (ASA) director Dave Poppens, a soy farmer from South Dakota, made a presentation on this year’s crop situation in the U.S. and his strategies in managing the risks in his farm operation. United Soybean Board (USB) director Dan Farney, a soy farmer from Illinois, also gave a presentation on U.S. sustainability in soy production.

For the first time, USSEC staged a grower panel discussion during this conference and Mr. Poppens and Mr. Farney were joined by two North Dakota grower leaders, Vanessa Kummer, former USB chairman, and ASA director Monte Peterson, to interact with customers on numerous topics such as selling strategies given current lower prices, production cost, farm operations, and their planting perspectives for next year.

In addition to the grower panel, USSEC also provided a crop quality summary presented by USSEC Regional Director – North Asia Paul Burke, a China macro economic situation outlook, and a meal market outlook presented by two local consultants, which were all well received by the participants. USSEC member company CGB sent their containerized soybean merchandiser to the event to introduce the business and company as they are exploring the potential to grow their business in China.

USSEC Country Director – China Zhang Xiaoping wrapped up the conference by presenting a soy trade summary to the audience. Based on such information, USSEC identified China’s top ten buyers and top loyalty buyers of U.S. soybeans who received awards from the U.S. soybean grower leaders.

Before this annual event, Ms. Kummer and Mr. Peterson traveled to Guangzhou on Nov. 11 to attend the 10th China International Oils and Oilseeds Conference organized by Dalian Commodity Exchange (DCE), a long-time partner to the U.S. Soy industry, to promote U.S. Soy and soy products among soybean importers, traders and feed millers.

Ms. Kummer was invited to join a panel discussion to talk about U.S. Soy production and provide a grower’s perspective on the current market situation, and Mr. Peterson led a private meeting with DCE top management during the conference on strengthening the partnership with each other to further promote U.S. Soy.

Escorted by USSEC China staff, Ms. Kummer and Mr. Peterson also traveled to Beijing on Nov. 13 to attend the 3rd China Food Security and Safety Strategy Summit organized by a major think tank to China’s top leaders on agricultural policy, the Development Research Center of the State Council. Grower leaders interacted with the participants on policy issues, specifically, the recent biotech approval delays in China that are affecting the commercialization of new biotech events.

Grower leaders’ participation and involvement in these important events have demonstrated the long-time commitments the U.S. Soy industry has made to supplying China’s increasing demand for soy, and has strengthened the partnership with Chinese industries to help achieve China’s goal in food security, food safety and sustainable soybean supply.

U.S. Soy grower leaders pose with the top and most loyal buyers of U.S. soybeans during the annual U.S. Soybean Market Outlook Conference on Nov. 16 in Shanghai, China

U.S. Soy grower leaders pose with the top and most loyal buyers of U.S. soybeans during the annual U.S. Soybean Market Outlook Conference on Nov. 16 in Shanghai, China

Former USB chairman Vanessa Kummer presents a award to one of the top ten buyers of U.S. soybeans while ASA director Monte Peterson observes at the awards ceremony

Former USB chairman Vanessa Kummer presents a award to one of the top ten buyers of U.S. soybeans while ASA director Monte Peterson observes at the awards ceremony

USSEC Hosts U.S. Soy Buyers Outlook Conference In Korea

Monday, November 30, 2015
Category General News North Asia 
USSEC hosted the annual U.S. Soy Buyers Outlook Conference in Seoul, South Korea on November 13th. Grower leaders, exporters and USSEC staff pose after the 2015 U.S. Soy…

USSEC hosted the annual U.S. Soy Buyers Outlook Conference in Seoul, South Korea on November 13th.

Grower leaders, exporters and USSEC staff pose after the 2015 U.S. Soy Buyers Outlook Conference in Seoul, South Korea

Grower leaders, exporters and USSEC staff pose after the 2015 U.S. Soy Buyers Outlook Conference in Seoul, South Korea

The conference was attended by 61 members of the purchasing and technical staffs from Korea’s crushing, feed, and soy food industries; three USSEC member exporters, SunOpta, Scoular and CGB; and nine Korean representatives of U.S. soy exporters, including Cargill and Bunge. The conference’s objective was to update the target industries with U.S. new crop information and to assist them to interact with grower leaders and exporters for more business opportunities.

Two grower leaders, American Soybean Association (ASA) director Dave Poppens of South Dakota and United Soybean Board (USB) director Daniel Farney of Illinois, traveled to Korea and participated in the conference. Mr. Poppens shared information on this year’s farming progress and conditions, while Mr. Farney discussed sustainability in U.S. soybean production from the farmer’s perspective. Other conference topics included the 2015/16 crop quality, global supply and demand, and market outlook. Feedback from conference participants indicated that useful information was provided at the right time for their purchases of soy and soy products.

In addition to the conference, the grower leaders visited local crushing and soymilk plants that use U.S. Soy and met with the top executives of Korea Feed Association to provide them with updates on this year’s crop and benefits of the U.S. Soy Sustainability Assurance Protocol (SSAP).

ASA director Dave Poppens discusses 2015 farming conditions with the audience

ASA director Dave Poppens discusses 2015 farming conditions with the audience

USB director Daniel Farney answers a question during in the Q&A session

USB director Daniel Farney answers a question during the Q&A session

Grower leaders, CJ CheilJedang staff and USSEC staff pose while visiting the CJ CheilJedang Corp.’s crushing plant

Grower leaders, CJ CheilJedang staff and USSEC staff pose while visiting the CJ CheilJedang Corp.’s crushing plant

Taiwan Export Sales Highlights

Tuesday, October 20, 2015
Category North Asia 
This summary is based on reports from exporters for the period September 18-24, 2015. Soybeans: Net sales of 2,506,000 MT for 2015/2016, up noticeably from the previous…

This summary is based on reports from exporters for the period September 18-24, 2015.

Soybeans: Net sales of 2,506,000 MT for 2015/2016, up noticeably from the previous week, were primarily for China (1,178,400 MT, including 59,600 MT switched from unknown destinations and decreases of 2,500 MT), unknown destinations (826,800 MT), Germany (150,100 MT), the Netherlands (85,700 MT, including 78,000 MT switched from unknown destinations), Indonesia (85,200 MT, including 68,000 MT switched from unknown destinations), Japan (50,800 MT), and Mexico (42,500 MT). Net sales of 4,400 MT for 2016/2017 were reported for Panama. Exports of 814,900 MT were primarily to China (318,400 MT), Germany (150,100 MT), Mexico (119,100 MT), the Netherlands (85,700 MT), Indonesia (76,300 MT), and Costa Rica (16,500 MT).

Optional Origin Sales: For 2015/2016, outstanding optional origin sales total 175,000 MT, all China.

Exports for Own Account: The current exports for own account balance is 1,900 MT, all Canada.

Export Adjustments: Accumulated exports to the Netherlands were adjusted down 85,276 MT for week ending September 17th and 64,823 MT for week ending September 10th . The correct destination is Germany and is included in this week’s report.

Soybean Cake and Meal: Net sales of 17,600 MT for 2014/2015 were down 32 percent from the previous week and 9 percent from the prior 4-week average. Increases were reported for Mexico 2 (10,800 MT), Colombia (6,500 MT, including 5,000 MT switched from unknown destinations), El Salvador (6,100 MT, including 5,900 MT switched from unknown destinations), the Philippines (5,300 MT), and Canada (3,600 MT). Decreases were reported for unknown destinations (10,900 MT), the Dominican Republic (4,000 MT), and Burma (400 MT). Net sales of 246,400 MT for 2015/2016 were reported primarily for Mexico (112,600 MT, including 110,400 MT late reporting), Panama (56,600 MT), unknown destinations (24,000 MT), and Peru (16,400 MT). Decreases were reported for Nicaragua (500 MT). Exports of 179,900 MT were up 99 percent from the previous week and 24 percent from the prior 4-week average. The primary destinations were the Philippines (47,600 MT), Venezuela (30,000 MT), Mexico (27,900 MT), the Dominican Republic (24,800 MT), Colombia (16,300 MT), and Canada (11,700 MT).

Soybean Oil: Net sales reductions of 7,900 MT for 2014/2015–a marketing-year low–were down noticeably from the previous week and from the prior 4-week average. Increases reported for Mexico (1,900 MT) and Canada (200 MT), were more than offset by decreases for unknown destinations (10,000 MT). Net sales of 32,500 MT for 2015/2016 were reported primarily for Peru (19,000 MT), unknown destinations (12,000 MT), and Mexico (1,100 MT). Exports of 2,800 MT were down 89 percent from the previous week and 81 percent from the prior 4-week average. The primary destinations were Mexico (2,400 MT) and Canada (300 MT).

Japan Export Sales Highlights

Monday, October 19, 2015
Category North Asia 
  This summary is based on reports from exporters for the period October 2-8, 2015. Soybeans:  Net sales of 1,476,800 MT for 2015/2016, up 15 percent from the previous…

 

This summary is based on reports from exporters for the period October 2-8, 2015.

Soybeans:  Net sales of 1,476,800 MT for 2015/2016, up 15 percent from the previous week, were primarily for China (1,143,400 MT, including 557,500 MT switched from unknown destinations and decreases of 132,100 MT), Russia (121,000 MT, including 52,000 MT switched from unknown destinations), Japan (81,600 MT, including 49,500 switched from unknown destinations), the Netherlands (75,700 MT, including 70,000 MT switched from unknown destinations), and Thailand (74,100 MT).  Net sales reductions were reported for unknown destinations (205,400 MT).  Exports of 1,627,600 MT were up 74 percent from the previous week.  The primary destinations were China (1,327,700 MT), Japan (96,800 MT), the Netherlands (75,700 MT), Mexico (68,700 MT), and Russia (33,000 MT).

Optional Origin Sales:  For 2015/2016, outstanding optional origin sales total 175,000 MT, all China.

Exports for Own Account:  The current exports for own account balance is 1,900 MT, all Canada.

Soybean Cake and Meal:  Net sales of 225,800 MT for 2015/2016 were reported for unknown destinations (68,200 MT), Poland (40,000 MT), Venezuela (30,000 MT, switched from Panama), Mexico (26,700 MT), and Guatemala (15,200 MT, including 9,200 MT switched from unknown destinations).  Net sales reductions were reported for Panama (21,900 MT), Ireland (6,000 MT), and French West Indies (3,000 MT).  Net sales of 700 MT for 2016/2017 were reported for Canada.  Exports of 139,700 MT were primarily to Mexico (33,900 MT), Venezuela (30,000 MT), Canada (20,700 MT), Guatemala (15,200 MT), and Honduras (11,700 MT).

Soybean Oil:  Net sales of 53,200 MT for 2015/2016 were reported for unknown destinations (20,000 MT), Morocco (18,000 MT), Mexico (12,500 MT), Nicaragua (1,800 MT), and the Dominican Republic (500 MT).  Exports of 16,200 MT were primarily to Venezuela (10,000 MT), Mexico (4,900 MT), Trinidad (800 MT), and Canada (400 MT).

USSEC Conducts 4th U.S. – China Swine Industry Symposium, Visits Customers in China

Monday, September 28, 2015
Category Animal Utilization Event followup North Asia 
USSEC, together with the U.S. Grains Council (USGC), U.S. Meat Export Federation (USMEF), China Animal Agriculture Association (CAAA), China Chamber of Commerce of…

USSEC, together with the U.S. Grains Council (USGC), U.S. Meat Export Federation (USMEF), China Animal Agriculture Association (CAAA), China Chamber of Commerce of Foodstuffs and Native Produce (CFNA), and China Meat Association (CMA) organized and conducted the 2015 U.S. – China Swine Industry Development Symposium on September 16.

This is the symposium’s fourth year and this year’s topic was “Is Bigger, Better?” There were about 200 attendees, roughly 60 percent swine producers and the rest a mix of industry, government and association representatives.

Two grower leaders, John Heisdorffer, USSEC director and American Soybean Association (ASA) vice president, and Bob Metz, USSEC and United Soybean Board (USB) director, traveled to China to participate in this event. Mr. Heisdorffer provided opening remarks, talking about U.S. soybeans and his farm. Mr. Metz made a toast on behalf of USSEC at the gala dinner following the symposium.

USSEC Marketing Director – Animal Nutrition & Meal Pam Helmsing, USSEC Regional Director – North Asia Paul Burke, USSEC Country Director – China Xiaoping Zhang, and USSEC Animal Utilization (AU) Technical Director Dr. Richard Han also attended this symposium. Mr. Zhang chaired the session in the afternoon and Dr. Han provided comments on the China swine farm models.

Participants learned about models, management and challenges to both the U.S. and China swine industry during the symposium, which provided a good bridge to understand and communicate between the agriculture industries in the U.S. and China.

The group also participated in customer meetings on this trade mission.

On September 17, the delegation attended the Novus/USSEC Swine Master Academy in Xiamen. Mr. Heisdorffer and Mr. Metz both talked to the attendees about swine and soybean farming in the U.S. and the quality and safety of U.S. Soy. Dr. Han discussed the nutritional advantages of U.S. Soy and sustainability.

The following day, the group visited Hua Mei Swine farm outside of Xiamen, which has about 1,500 sows and finishes 20,000 head per year. The owner had attended the Swine Master Academy and USSEC consultant Dr. Mike Brumm provided suggestions to improve profitability, including reducing feed and water waste and optimal particle size for feed, noting that there is no need to further process U.S. Soy.

On September 19, the group was joined in Shanghai by ASA director Monte Peterson and Rob Westmoreland of Informa to visit an Intensive Pond Aquaculture (IPA) fish farm in the Songjiang District southwest of Shanghai. IPA technology can increase fish production in a pond threefold. The farm is experimenting with upping it to five times the fish that can be producing using conventional aquaculture technology.

At Shanghai Xinnong Feed Company, the delegation met with the purchasing manager. This company purchases three to four million metric tons (MMT) of soy per year for hog feed. They purchase U.S. Soy from November through June and prefer it because of its golden yellow color and the stable protein and oil levels. The company can and does specify country of origin and prefers U.S. soybean meal to Argentine even if the Argentine meal is cheaper.

On September 21, the group participated in the USSEC industry roundtable. Mr. Heisdorffer and Mr. Peterson talked about their farms, the markets and risk management. They fielded questions about weed management; GMOs; whether they will plant more corn or soybeans next year; freight rates; supply and capacity, particularly in the Pacific Northwest; crop insurance; credit and government subsidies; and why U.S. Soy has a better amino acid profile. At the break immediately following the grower leaders’ presentations, some of the participants remarked that this conference had been the most informative one they had ever attended.

USSEC director John Heisdorffer presents at the summit

USSEC director John Heisdorffer presents at the summit

USSEC director Bob Metz listens during the summit

USSEC director Bob Metz listens during the summit

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USSEC Hosts U.S. Soy Buyers Conference in Korea

Monday, September 28, 2015
Category Event followup North Asia 
USSEC hosted the U.S. Soy Buyers Conference and reception in Seoul, South Korea on September 18. The event commemorated USSEC’s 35-year presence in Korea and bid farewell…

USSEC hosted the U.S. Soy Buyers Conference and reception in Seoul, South Korea on September 18. The event commemorated USSEC’s 35-year presence in Korea and bid farewell to Say Young Jo, USSEC Country Director – Korea, who will retire on September 30 after 35 years of service to the U.S. Soy industry. 26 CEOs from the Korean crushing, feed and soy food industries attended the conference.

Belinda Burrier, United Soybean Board (USB) director, and Ray Gaesser, American Soybean Association (ASA) chairman, traveled to Korea for the events. Ms. Burrier presented the “2015-2016 U.S. Soybean Crop Forecast” and Mr. Gaesser spoke about “Biotechnology to Global Food Demand & Soybean/Corn to Export Pipeline” at the conference.

After the seminar, USSEC hosted a reception and dinner with more than 190 Koran customers attending. USSEC CEO Jim Sutter delivered his welcome remarks to the customers via video.

Leaders of Korea’s soy-using industries expressed their appreciation to USSEC and to Mr. Jo for their contributions to their industries by presenting plaques of appreciation and gifts.

USSEC Regional Director – North Asia Paul Burke, introduced Dr. Hyung-Suk Lee as the new country director and emphasized the continuous partnership between the U.S. Soy industry and Korea’s soy-using industries.

Retiring USSEC Country Director - Korea Say Young Jo Welcomes customers at the U.S. Soy Buyers Reception and dinner.

Retiring USSEC Country Director – Korea Say Young Jo Welcomes customers at the U.S. Soy Buyers Reception and dinner.

Belinda Burrier, USB director, welcomes Korean customers to the U.S. Soy buyers reception and dinner.

Belinda Burrier, USB director, welcomes Korean customers to the U.S. Soy buyers reception and dinner.

Ray Gaesser, ASA chairman, presents "Biotechnology to Global Food Demand & Soybean/ Corn to Export Pipeline" at the U.S. Soy Buyers Conference.

Ray Gaesser, ASA chairman, presents “Biotechnology to Global Food Demand & Soybean/ Corn to Export Pipeline” at the U.S. Soy Buyers Conference.

Chinese Buyers Commit to Buy $5.3 Billion Worth of U.S. Soy

Thursday, September 24, 2015
Category North Asia Soy Foods 
Buyers from China have agreed to buy $5.3 billion worth of U.S. Soy,  totaling more than 484 million bushels of U.S. soybeans. The announcement was made today in Des Moines,…

Buyers from China have agreed to buy $5.3 billion worth of U.S. Soy,  totaling more than 484 million bushels of U.S. soybeans. The announcement was made today in Des Moines, Iowa.

“Anytime an agreement like this is made, it is great for U.S. soybean farmers,” says Laura Foell, U.S. Soybean Export Council chair and soybean farmer from Iowa. “Our international customers demand a product that is sustainable and high quality, and that’s what U.S. soybean farmers continue to deliver.”

In the most recent marketing year, U.S. Soy exports accounted for 62 percent of U.S. Soy production. China alone imports approximately 25 percent of all U.S. Soy.  The country was the No. 1 buyer of whole U.S. soybeans in the 2013/14 marketing year and the second-biggest buyer of U.S. soybean oil.

“This is a great example of how our farmer-leaders’ work of establishing relationships in China are paying off,” Foell says. “We must continue this work with China and other countries since exports are so important to the U.S. Soy industry.”

In the most recent marketing year, U.S. soybean farmers exported 2 billion bushels of soy to international customers. The value of these exports set a record of more than $30 billion.

The U.S. Soybean Export Council aims to maximize the use of U.S. Soy internationally by meeting the needs of global customers that use U.S. Soy in human food and feed for poultry, livestock and fish. The organization uses a global network of stakeholder partnerships, including soybean farmers, exporters, agribusinesses, agricultural organizations, researchers and government agencies, to accomplish that mission.

USSEC to Host Chinese Signing Ceremony in Iowa

Monday, September 21, 2015
Category Event Announcements North Asia Soy Foods 
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…

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.

Taiwan Signs Letter of Intent with USSEC Valued at $1.26 Billion in U.S. Soybeans

Monday, September 21, 2015
Category General News North Asia 
A Taiwanese delegation in Washington, D.C., signed a letter of intent on September 16 with USSEC committing to purchase between 2.6 and 2.9 million metric tons of soybeans…

A Taiwanese delegation in Washington, D.C., signed a letter of intent on September 16 with USSEC committing to purchase between 2.6 and 2.9 million metric tons of soybeans valued between $1.13 and $1.26 billion U.S. dollars by 2017, as part of the Taiwanese Agricultural Goodwill Mission. The letter is evidence of Taiwan’s commitment to strengthening trade ties and maintaining the well-established trade partnership between the United States and Taiwan.

In 2014, Taiwan was the fifth largest market for U.S. soybeans, importing 1.3 million metric tons of U.S. soy, which represented a 55 percent market share. Taiwan imports more than 1.15 million metric tons of U.S. soybeans annually, valued between $600 and $720 million U.S. dollars. From January to June 2015, Taiwan imported nearly a million metric tons of U.S. soybeans valued at $442 million U.S. dollars.

“Taiwan has been a loyal, long-term partner of U.S. Soy for more than 40 years,” said USSEC Chairman Laura Foell. “The Taiwan Goodwill Mission helps the U.S. and Taiwanese government officials, traders and end-users to keep the lines of communication open, which is so important to maintaining our great relationship with this valuable buyer.”

While in Washington, members of the mission met with USSEC, the U.S. Grains Council, U.S. Wheat Associates, the North American Export Grain Association and the National Grain and Feed Association, as well as U.S. government officials. The mission delegates also signed letters of intent to purchase U.S. soybeans, wheat and co-products with USSEC and the U.S. Wheat Associates.

Following the signing ceremony at the U.S. Capitol complex, members of the Taiwanese delegation will tour the U.S. Grain Belt to see U.S. farms and grain elevators firsthand. They will meet with government officials, farmers, agriculture groups and other important international organizations in Iowa, Illinois, Kentucky and Minnesota.

The biennial Goodwill Mission has been organized by Taiwan’s Ministry of Foreign Affairs (MOFA) since 1998. USSEC’s participation in the mission is an important part of its work to continue Taiwan’s preference for U.S. soybeans.

Photo Credit: U.S. Grains Council

Photo Credit: U.S. Grains Council

USSEC Hosts Workshop for Korean Crushing Industry

Monday, August 31, 2015
Category General News North Asia 
USSEC hosted the 2015 soybean crushing workshop in Pyongchang, South Korea on August 21 and 22. The objective of the workshop was to discuss the benefit of the U.S. Soy Sustainability…

USSEC hosted the 2015 soybean crushing workshop in Pyongchang, South Korea on August 21 and 22. The objective of the workshop was to discuss the benefit of the U.S. Soy Sustainability Assurance Protocol (SSAP) to the local crushing industry’s marketing strategy.

Participants included CEOs and executives from Korea’s two crushing companies and the Korea Soybean Processors Association (KSPA). USSEC gave a presentation on sustainability and how it is being pursued in the production of U.S. Soy. USSEC reviewed the agricultural environment, focusing on water and land, climate changes, and the increasing demand for foods. The presentation also emphasized a sustainable production system to meet the needs of current and future generations.

SAMSUNG CSC

Soybean crushing workshop participants listen to USSEC Country Director – Korea Say Young Jo talk about the sustainability of U.S. Soy

During the ensuing discussion, the KSPA chairman agreed with the SSAP and showed a willingness to use the sustainable U.S. Soy trademark in KSPA’s soybean oil and soybean meal marketing once the mark is registered in Korea. USSEC also discussed a mass media campaign to educate Korean consumers about U.S. Soy sustainability in FY16.

USSEC to Hold 19th U.S. – Japan Partnership Roundtable Meeting

Monday, August 31, 2015
Category General News North Asia 
USSEC will host a Japanese trade team at the 19th U.S. – Japan partnership roundtable meeting in Memphis, Tennessee from September 3-5. The team will visit Consolidated…

USSEC will host a Japanese trade team at the 19th U.S. – Japan partnership roundtable meeting in Memphis, Tennessee from September 3-5.Memphis, TN

The team will visit Consolidated Grain & Barge River Terminal and Cargill AG Horizons before the roundtable begins. At the meeting, teams will hear an update on U.S. soybean production; crop condition; and soybean, soybean meal and soybean oil export and domestic production. Participants will also learn more about high oleic acid soybean production, non-GMO soybean production, the U.S. Soy Sustainability Assurance Protocol (SSAP), the current situation of soybean crush and oil in Japan, and labeling issues in the U.S. and the impact of the Food & Drug Administration’s (FDA) new rule on partially hydrogenated oil (PHO).  Delegates will also have the opportunity to tour local soybean farms.