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Soybean Exports USA

Genesis Soybean Exports USA

USA Soybeans & Soybean Meal Producers
The United States produced 72,223,000 million tons of Soybean in 1999 and 75,378,000 million tons in 2000. It is the single largest producer of soybeans in the world.
Within the United States, production is concentrated in three main states, Iowa, Illinois and Minnesota. In 1999, Iowa produced 502 million bushels, Illinois produced 469 million bushels and Minnesota produced 286 million bushels.
When forecasting futures prices it is, therefore, essential to track local weather conditions, the local elevator price and planting and harvesting progress in these areas.

World Trend in Soybean & Soybean Meal Production

According to the United States Department of Agriculture statistics, global production of both soybeans & soybean meal has been increasing steadily since 1996. In 1996, the soybean production occupied 50.5 per cent, or 132.22 million metric tons, of the world's total oilseed output, which stood at 261.40 million metric tons. In January 2001, the estimated figure for world's production of soybean reaches 167.18 million metric tons, which occupies approximately 50.1 per cent of the global oilseed output at 303.47 million metric tons. Source: United States Department of Agriculture (USDA)
One of the reasons behind this upward trend comes from the demand for soybean meal in animal feed. As global demand for meat consumption rises, the demand for animal feed also increases. In fact, the Food and Agriculture Organization (FAO) statistics shows that global meat production has increased 13.16 per cent from 206.24 million metric tons in 1996 to 237.5 million metric tons in 2001. And this increasing meat production contributes to the growth of soybean meal production used in animal feeding.

    Soybean Grade #2
    Soybean Meal
    GMO Spec
    Ship from East Coast USA or the Gulf of Mexico
    Silo photo from 1/2 mile

    Elevator can load 100 rail cars in 6 hours
    (8,250 metric tons)

    Request For Quote Form

    25,000 MT.- 300,000 MT
    Loading 10,000 + mtons per day WWDXSSHEU
    Delivered via rail East Coast of Gulf Port
    (4 to 8 weeks)
    In Bulk
    All Grain is current harvest year.

    United States Department of Agriculture (USDA)

    1. Class Yellow Soybeans
    2. Grade U.S. No. 2/ob
    3. Foreign Material (Max.) 2.0%
    4. Damaged Kernels (Max.) 1/ 3.0%
    5. Splits (Max.) 20.0%
    6. Moisture (Max.) 14.0%
    7. Test Weight (Min.) lbs./bu. 54.0

    1/Includes heat damage kernels (0.5% max.)

    Request for Quote:
    Buyers must present signed Letter Of Intent and Bank Confirmation Letter to Genesis.

    Please advise destination point for CFR FO basis. Otherwise we will quote FOB US Port.
    Please provide the following:
    1. Quantity per lift per month
    2. Port of Discharge
    3. Unloading rate guaranteed by Buyer, port discharge & available storage facilities
    4. Draft of port at destination
    5. LOA or Beam limitations at discharge port.
    6. Please confirm that Buyer would issue an irrevocable, transferable, L/C confirmed by G7 bank, payable at US bank counters to Genesis.

Soybean Data
Soybean LOI PW Required

Genesis Capital Management Group, Ltd.

Tel: 479-361-1211

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