USSEC Sponsors Short Course in Swine Production in Korea
- General News
USSEC sponsored a swine production short course organized by Swine Science & Technology Center (SSTC) in Jinju City, South Korea. This activity was funded by the Indiana Soybean Alliance (ISA). SSTC is an institute specializing in swine and is affiliated with the Gyeongnam National University of Science and Technology. The short course started on May 9 and will continue every Friday through May 30th.
USSEC and SSTC agreed to fit a soybean meal session into the short course to promote the feeding value of U.S. soybean meal discussing its digestible amino acid content with representatives from the swine production and marketing industries. USSEC Technical Director – Animal Utilization Hyunk Suk Lee gave a presentation at the soybean meal session focusing on: the correlation between the growth of swine and digestible amino acids in soybean meal; comparing the feeding value in terms measured by amino acid value of soybean meal imported into Korea in 2013; and demonstrated the superior amino acid profile of U.S. soybean meal. SSTC contributed 58% of the total cost of the short course.
Currently, South Korea imports 83 percent of the country's whole soybean needs and 74 percent of its soybean meal needs. Last year, the U.S. exported 20 million bushels of soybeans to South Korea, 54 percent of the country's whole soybean imports. However, South Korea only imported 357 million pounds of U.S. soybean meal last year which represented 11 percent of its total soybean meal imports.
According to ISA director of grain marketing programs Roz Leeck, "Soybean meal exports to countries like South Korea have great potential, especially for Indiana which is very fortunate to have several soybean processing facilities, consuming 50-70 percent of our state's soybean production each year. "When we - as the soybean checkoff organization - are looking for ways to increase the value of Indiana soybeans, opportunities like sponsoring this workshop make sense."
Don Wyss, chairman of ISA's grain marketing committee attended the workshop which allowed him to connect directly with the users and buyers of soybean meal. Building relationships between U.S. soybean farmers and buyers is critical in international markets. "As world stocks of soybeans are forecasted to build, it is extremely important that the U.S. soybean producer promotes our industry to other parts of the world while also advertising our higher quality products," said Wyss. "Having feet on the ground in key countries like South Korea helps convey the benefits of U.S. soy to current and potential customers.”