Minneapolis welcomed over 200 international soy buyers as the United States Soybean Export Council (USSEC) and the Midwest Shippers Association co-hosted the third annual U.S. Soy Global Trade Exchange Sept. 9-11. With networking being a main objective of the conference, Minnesota soybean farmers and companies gathered to meet potential buyers.
“The Minnesota Soybean Research and Promotion Council (MSR&PC) has made connections with buyers from all over the world,” said soybean farmer and MSR&PC board member Paul Simonsen. “This conference allows us to all meet in one centralized location and continue our conversations and relationship building. Minnesota is fortunate enough to be the host this year.”
The conference began on Sept. 9 with a full day of networking and meetings between Minnesota soybean companies and international buyers. A speed dating format in which international buyers were matched with company representatives for an allotted amount of time kicked off the networking opportunities ahead of the official start of the conference.
The following two days of the conference are filled with breakout sessions and panelists, discussing and answering questions. This year’s topics focus around demand, global trends, transportation, market growth, amino acids and sustainability. The speakers are translated into 8 different languages and live streamed.
“I appreciate the openness of the international buyers and their ability to explain what they are looking for in our soybeans and soy products,” said Minnesota Soybean Growers Association President Paul Freeman. “It is important for us as farmers to understand their standpoint.”
Following the conclusion of the conference, over 200 international buyers will travel to southern Minnesota and visit a soybean farm.
MSR&PC, through the soybean checkoff, helped sponsor the 2015 U.S. Soy Global Trade Exchange.