soybean field

USSEC Hosts Two Korean Trade Missions at the 2013 U.S. Soy Global Trade Exchange

USSEC hosted two Korean trade missions at the recent U.S. Soy Global Trade Exchange.  The first was a soybean meal buyers team consisting of eight broiler integrators and two Korea Feed Association staff employees.  This team traveled to Illinois, Louisiana and Iowa from September 10-17, visiting a U.S. soybean meal training program at the University of Illinois at Champaign-Urbana; the Bunge plant in Destrehan, Louisiana; Associated Terminals in Louisiana; and the 2013 U.S. Soy Global Trade Exchange in Davenport, Iowa.  The team’s objective was to improve Korean broiler integrators’ understanding about the amino acid value of U.S. soybean meal, the U.S. export system for soybean meal and to establish business relationships between Korean soybean meal buyers and U.S. exporters.  The team conducted speed meetings with Trans Coastal, Agrex, Scoular and ZFS and visited the trade show during the trade exchange.
The second mission was a Korean food bean buyers team consisting of three soyfood manufacturers.  These manufacturers produce tofu and soy milk, among other soyfoods.  The team traveled to Louisiana, Wisconsin and Iowa from September 11-17 and visited ADM, DeLong, several soybean farms and the 2013 U.S. Soy Global Trade Exchange.  This team’s goal was to provide key players of the Korean soyfood processing industry with an opportunity to learn the latest developments occurring in the global food-bean supply and demand chain and to confirm the dependable market system and sustainable supply chain of the U.S.  The food team attended speed meetings with SB&B, Schillinger Genetics, Scoular Specialty, Brushvale, SunOpta and Grain Millers at the trade exchange.

Korean soybean meal buyers team members listen to the welcome remarks at the 2013 U.S. Soy Global Trade Exchange.
Korean soybean meal buyers team members listen to the welcome remarks at the 2013 U.S. Soy Global Trade Exchange.