Indiana’s soybean checkoff, USSEC expand trade opportunities for U.S. Soy - Indiana Corn and Soy

Indiana’s soybean checkoff, USSEC expand trade opportunities for U.S. Soy

Posted: August 14, 2022 Posted by: teamsibasethem Category: Indiana Corn and Soybean Post - Summer 2022, ISA, News

Despite pressure from the weather, pests and other challenges, Indiana soybean growers do an excellent job of producing a crop. According to the USDA’s National Agricultural Statistics Service, Hoosier farmers plant more than 5.6 million acres of soybeans each year. Indiana produces more than 335 billion bushels of soybeans worth an estimated $4.4 billion. Indiana is the fifth-largest, soybean-producing state in America.

Soybeans are a versatile crop with both soybean oil and soybean meal creating products that are valuable. For the Indiana Soybean Alliance (ISA), the state’s soybean checkoff, the mission is to move that large pile to customers around the world while increasing the value of that crop. ISA’s strategy to accomplish this goal is comprehensive and requires many partners. The U.S. Soy Export Council (USSEC) is one of ISA’s primary partners in moving soybeans overseas.

USSEC’s mission is to maximize the utilization, value and access to markets of U.S. Soy around the world. USSEC receives soybean farmer checkoff dollars from several state soybean checkoff organizations, including ISA, and the United Soybean Board (USB). Similar to ISA, USSEC’s strategy is to create a preference for U.S. Soy by nurturing relationships, growing awareness and demonstrating value to global customers. With offices in more than 80 countries, USSEC helps customers with diverse backgrounds and experiences to reach their full potential by using U.S. Soy products.

“By developing new export markets for U.S. soybeans – and by encouraging new and innovative uses for soybeans, USSEC does a great job of increasing the value of U.S. soybeans and helping the bottom line for soybean growers across the country,” said La Crosse, Ind., farmer Denise Scarborough, an ISA board director and a representative to the USSEC board. “USSEC has boots on the ground in countries around the world promoting the advantages of using U.S.-grown soybeans. It is critical that they are there in touch with the people in those markets to access those customers and anything they might need.”

Hoosier farmers host tours

Recently, ISA and USSEC worked together to host soybean buyers from Colombia, India, Indonesia, Malaysia, Mexico, Morocco, The Philippines and Vietnam. These international buyers toured the Indiana Corn and Soybean Innovation Center at Purdue University, Corteva Agriscience, a Bunge soybean crush facility, grocery stores and the farms of Tom and Kim Griffiths of Kendallville, Ind.; Mike and Nancy Cline of Kirklin, Ind.; and David and Mary Howell of Middletown, Ind.

The purpose of these tours was to highlight the care of soybean production in Indiana and to give international soybean stakeholders an opportunity to ask questions of farmers.

“These stakeholders represent buyers of soybean oil from several countries,” said Will McNair, director of oil and soy food programs for USSEC. “It could be a vice president, it could be owners, or it could be key R&D or purchasing personnel. Indiana is really a key, crucial state for soybean production, exports and innovation. Being able to visit places like Purdue University, Bunge and Corteva really helps to send the message to the international buyers of innovation, production and supply reliability. Our hope is that they will return home knowing the United States is a consistent, reliable supplier that is innovating to help meet their demand needs for the future.”

All visitors to the Howell farm receive a gift of a wooden plaque with a proverb.

The tour group that visited the Griffiths’ farm in Noble County included 20 participants and a Spanishspeaking translator. The stakeholders were mostly from Colombia and Mexico, and they represented companies such as Grasco, which produces shortening and edible oils including soybean oil.

Tom Griffiths, also a USB director, said hosting these tours puts a face on the crop for those interested in buying U.S.- grown soybeans.

“Tours like this help to cement those relationships that we’ve been working to build for many years,” Griffiths said. “It’s important to all of us as U.S. soybean growers, and it’s important to me on my farm, to keep these opportunities for international trade open. Our soybean crop grows in value with increased exports.”

U.S. Soy International Oil Masters

Becoming a master in all things soybean oil can take time and diligence. USSEC, ISA and export partners in Indiana for an immersion course like none other into the world of soybean oil.

The U.S. Soy International Oil Masters event provided customers across the globe an opportunity to not only learn from experts in the industry but get a first-hand view of everything from soy research and processing to on-farm production and end-use destinations.

“Our goal is for our participants to understand the variety of advantages U.S. soybean oil delivers to them and to share that value back with their own colleagues and peers to continue its impact,” McNair said. “They get a first-hand look at U.S. Soy in action and gain the tools and connections that elevate their understanding of soybean oil.”

The event included on-site visits to Purdue University, local soybean farms, a Bunge processing plant, Corteva and Kroger retail grocery store. The group of soy oil masters heard from economic and research experts discussing U.S. Soy’s refining advantages, the outlook for vegetable oils, potential uses for soybean oil, supply chain considerations and soy oil’s heart health effects. Sustainability and what’s next for U.S. Soy were also included as part of the course.

“Soy’s versatility is a major selling point for so many and we want to make sure our customers understand why U.S. Soy oil delivers advantages to their various regions,” McNair said. “We can talk about refining advantages and quality controls but seeing it first-hand or connecting with the experts makes a difference in how comfortable they feel with U.S. Soy.”

Attendees also attended a cooking demonstration by certified chefs from the America’s region, a barbecue hosted by ISA and receptions to help them get to know the other attendees and speakers. USSEC collaborated with several organizations to bring this event to life and received funding and manpower from ISA, United Soybean Board, USDA Foreign Agricultural Service and the USA Poultry and Egg Export Council.

The U.S. Soy International Masters program is an annual event. Customers interested in participating in a future program should contact McNair at wmcnair@ussec.org

Visit www.ussec.org for more details about U.S. Soy export efforts. Go to www.unitedsoybean.org for news about the national soybean checkoff. For more information on ISA, visit www.indianasoybean.com

David and Mary Howell, at center, receive a gift from the foreign visitors to their farm.

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