Tridge summary
[Agricultural and Fisheries News=Reporter Hee-kyung Ahn] With excellent quality and stable supply, utilizing precise technology and sustainable farming methods, U.S. soybean meal outperforms Brazilian and Argentinian imports. In Vietnam, Indonesia, and Thailand, U.S. soybean meal is showing significant growth. Recently, the U.S. soybean industry has seen considerable changes. Compared to South American or Argentinian soybeans, U.S. soybeans and soybean meal, which are relatively more expensive, have seen a dramatic increase in production due to the so-called 'renewable energy boom,' recording the highest production ever last year. The renewable energy boom has led to a quantitative increase in crushing facilities that process soybeans, and the production of U.S. soybean meal has also increased significantly. U.S. soybean meal, which was primarily for domestic consumption, is now being exported.
Original content
The 'renewable energy boom' has led to record production levels... and even price competitiveness. High quality and stable supply possible Harvesting using precision technology and sustainable farming methods Superior to Brazilian and Argentinian products In Vietnam, Indonesia, and Thailand Growth in U.S. soybean meal is noticeable The U.S. soybean industry has recently shown significant changes. U.S. soybeans and soybean meal, which are relatively expensive compared to South American or Argentinian products, have seen explosive growth in production due to the so-called 'renewable energy boom,' recording the highest production levels ever last year. The renewable energy boom has led to a quantitative increase in crushing facilities that process soybeans, and the production of U.S. soybean meal has also increased significantly. U.S. soybean meal, which was primarily for domestic consumption, has shifted towards exports. Recognizing South Korea as one of the main markets, U.S. ...
Source: Aflnews
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