Bulding Profit through Soy Exports

 

2008 was a record-setting year for soybean exports. More than 1.5 million bushels of soy were exported from the United States, valued at more than $12 billion. Soybean checkoff investments help fund international marketing efforts to increase the demand and preference for U.S. soy around the world.

Building international demand is crucial to the future of the U.S. soybean industry. In fact, nearly every other row of U.S. soybeans is exported. Below are just a few of the areas where checkoff investments are at work.

China

Checkoff programs help grain processors promote soybean meal and new feed technologies throughout China. Investments also sponsor feeding trials, consultations and seminars to boost soybean meal use among swine and poultry producers.

The checkoff also works to promote the use of soybean feed in aquaculture. And through the use of consultations with the culinary community, soy flours and other soy ingredients are finding a home in new cuisines.

 

Southeast Asia/Middle East/Africa

Throughout the region, soybean checkoff representatives are making connections and building relationships with customers and potential buyers of U.S. soybeans. Soybean checkoff programs also provide processors with technical assistance to develop, produce and market value-added products like high-quality dehulled soybean meal and high-protein energy blocks.

 

Latin America

Soybean checkoff investments are used to build interest in and demand for low trans fat soybean oil products. Checkoff representatives work to increase soy inclusion rates in the dishes served in the accommodations and food service industries. At all points of the value chain, from processing to end-use by livestock farmers, the soybean checkoff is at work to add value to your soybeans.

 

Europe

In addition to promoting high soy inclusion rates in aquaculture, the soybean checkoff is promoting the use of biodiesel and other biobased industrial products. Diesel usage rates among consumers are much higher in Europe, as is interest in green, sustainable products. Europe represents an area for demand growth as soy-based products become increasingly important to the market.

 

Japan

As in Europe, interest in soy biodiesel and other soy-based industrial products continues to grow in Japan. The soybean checkoff works with a variety of industrial leaders and exhibits at trade shows to encourage innovations that leverage the versatility and sustainability of soy-based plastics, lubricants and adhesives.

Soy Exports partner:
United States Soybean Export Council