환영합니다 ようこそ 歡迎 ยินดีต้อนรับ คุณ Chào mừng Bienvenido 欢迎 Selamat datang Selamat Datang 환영 Welcome.

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Presentation transcript:

환영합니다 ようこそ 歡迎 ยินดีต้อนรับ คุณ Chào mừng Bienvenido 欢迎 Selamat datang Selamat Datang 환영 Welcome

IP Soybean Program Diversified Origination We Know Farmers We Know Freight Bagged or Bulk Cleaned or Uncleaned Documentation GMO Testing Andres, IL 100% Non-GMO Tailored Cleaning Strategically Located

US Identity Preserve Food Soybean Outlook – 2015 Crop Southern Minnesota Iowa Nebraska Missouri

Southern Minnesota & Northern Iowa June 20 th Continued good growing conditions Planting: May 1-30 th Timely rains Good emergence

Southern Minnesota & Northern Iowa August 29 th – Organic field inspection Yield Expectations – Good to Above Average

Southern Minnesota & Northern Iowa September 2 nd, 2015 Early Group II: Pod DevelopmentGroup I: Field starting to turn

Nebraska Generally Favorable Planting Conditions Growing Conditions Extensive Irrigation Yield Expectations – Good to above average.

Southern Iowa & Missouri Excessive rain during planting USDA reported 1,000,000 YSB acres not planted in Missouri Currently 2 weeks behind Schedule Yield Expectations – Below Average Mid June Continued Moisture Acres Abandoned Early September Short No Pods

Southern Iowa & Missouri Courtesy of Iowa Soybean Association/Joe Murphy Mid June Continued Moisture Acres Abandoned Early September Short No Pods

Supply & Demand

CBOT – September 1st

Production Trends Farmers are looking for ways to reduce cost/increase returns (strong dollar & lower energy prices) Farmers are looking into cover crops (turnips, radish, rye) Continue supply high quality soybeans Weak tone in export freight market Weaker currencies in developing markets is causing price volatility Container logistics still best option for shipping IP Grains

谢谢 terima kasih 唔該 gracias ありがとう Cám ơn ขอขอบคุณ 감사합니다 Thank You