The U.S. Soybean Export Council (USSEC) in partnership with the U.S. Grains Council (USGC) hosted the 3rd Ag Offer Chain Asia 2021 as a digital conference Jan. 26-28. Far more than 500 attendees from 31 international locations convened to hear from pro speakers, develop their agribusiness network and study about the most up-to-date source and desire tendencies, as very well as coverage updates.
All features of the soy source chain were being represented from importers and exporters to soybean farmers and suppliers of feed ingredients. Also, several regional government representatives, ag co-operators and U.S. governing administration agencies confirmed their assist by attending the convention.
‘Southeast Asia continues to be a region that retains tremendous possible for U.S. Soy,’ explained Tim Loh, USSEC regional director, Southeast Asia. ‘The agricultural landscape in this component of the environment is varied with a developing populace that consumes large amounts of U.S. Soy and soybean merchandise.
‘Looking forward, it is vital that USSEC continue on to devote in our partnerships in this region even even more.’
To kick off the three-working day celebration, Jim Sutter, USSEC CEO, and Ryan LeGrand, USGC CEO, welcomed attendees, highlighting the value of partnerships and the historical past of both of those corporations in the area.
‘At USSEC, we have been centered on fostering current relationships and setting up new ones in evolving and growing marketplaces,’ Sutter stated. ‘Southeast Asia has a vibrant long term when it comes to U.S. Soy. … We appear forward to getting ready to improve and improve our relationships in the yrs to come.’
LeGrand extra: ‘Our collective intention is to broaden the world current market for U.S. grains, oil seeds and similar merchandise, which includes right here in Southeast Asia. We know this objective is ideal attained when our get the job done serves our clients, as much as it does our associates, the U.S. farmer, U.S. agribusiness sector and numerous ag-relevant corporations. As we go into 2021 and beyond, our intention is to make our partnership even stronger and continue to be a steady provider to your field and your prospects.’
The meeting presented in-depth sector views and strategic route by panels these as a person showcasing ag exporters. In this article, contributors listened to from Craig Pietig of AG Processing Inc., Ben Seiler of Flint Hills Assets, Brian Wittenborn of The Andersons Inc., and Chris Crawford of The Scoular Enterprise. Collectively, they shared their perspective on price outlook, bulk and container logistics, and supply.
Individuals also got to hear from marketplace leaders such as: Thomas Hammer, president of the National Oilseed Processors Affiliation, Dave Hightower of the Hightower Report, Ken Erikson of IHS Markit, John Coyle of Blue Water Delivery Organization and Bill Rooney of Kuehne + Nagel Inc.
Furthermore, four U.S. farmers experienced the chance to showcase their operations, sustainability methods and outlook for 2021. Josh Gackle, a soybean farmer from Kulm, North Dakota, and David Iverson, a soybean farmer from Astoria, South Dakota, supplied on-the-farm insight and standpoint to attendees.
Iverson, a fourth-era farmer and director to the United Soybean Board, shared that U.S. soy farmers are businessmen and females who use refined technological innovation and know the great importance of functioning in world market. These days, Iverson farms 1,500 acres, rotating between corn and soybeans.
‘We acquire great care to ensure the ideal probable excellent of soybeans for our shoppers,’ Iverson explained, including that his grandfather was a person of the initial farmers in the space to develop soybeans in the 1940s. ‘We use technological know-how this kind of as GPS and yield displays to recognize what’s going on in the discipline and to reduce inputs and utilize fertilizer in a a lot more sustainable way.’
Gackle, who serves as a director to the American Soybean Association, focused his presentation on sustainability.
‘Sustainability commences on the farm,’ mentioned Gackle, who shared the significance of using these techniques to make certain the following technology coming onto the farm has every single opportunity for achievements. ‘Through these tactics, we’ve been capable to do a great deal additional with substantially a lot less.’
The 2020 crop year was very very good for Gackle’s region, in which most ‘dryland farm’ meaning they rely on rain for crop dampness. He shared that he procedures minimum tillage to conserve and hold the moisture in the ground so it can be employed when the crop demands it.
On top of that, Gackle reported on his farm they do soil sampling after the crop has been harvested to improved recognize the nutrients that are in the soil. He spelled out that this can help generate their choices for what the soil and crop need to very best accomplish for the following crop time. Gackle shared that he partners this observe with variable-price technological know-how on the planter and sprayer to maximize not only the input applied but also using into consideration the soil and what it can deliver.
Equally Iverson and Gackle expressed their dedication to delivering a high-quality, reputable source of U.S. Soy to prospects.
It’s these kinds of interactions and assurances that are most beneficial for international buyers. Centered on a write-up-party study, attendees booked about 1.3 million metric tons, or 80 million bushels, of U.S. agricultural goods with an believed futures benefit of about $460 million for the duration of this year’s virtual Ag Offer Chain Asia. Of those noted bookings, 13.8 million bushels were soybeans and 13.2 million bushels had been soybean meal.
‘The price of these conferences and plans are immeasurable,’ Sutter mentioned. ‘They enable us all to hook up, learn from just about every other, and facilitate trade.
‘Additionally, these events add to the shared belief that exports are essential to global economic improvement. We appear ahead to remaining able to boost and reinforce our associations in the a long time to occur.’
Ag Supply Chain Asia was sponsored by the South Dakota Soybean Analysis and Promotion Council, North Dakota Soybean Council, Minnesota Soybean Analysis and Advertising Council and under the auspices of the United Soybean Board, American Soybean Affiliation as properly as Overseas Agricultural Company – United States Office of Agriculture.
Resource: USSEC – U.S. Soybean Export Council
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