INDIANAPOLIS, Ind. (June 30, 2014) — Lt. Governor Sue Ellspermann’s Delegation to Asia visited Korea during their two week trade mission and met with representatives from the U.S. Soybean Export Council (USSEC) and U.S. Grains Council (USGC) at a reception for Indiana and South Korean agriculture leaders.

“The Indiana soybean and corn representatives enjoyed the opportunity to visit with the USSEC and USGC staff while in South Korea and learn about their efforts to build new corn and soybean markets,” said Shelley McDaniel, treasurer of Indiana Soybean Alliance and farmer from Boonville, Ind.  “As Korean markets for corn and soybeans continue to grow, ISA is pleased to be a member of Lt. Governor Ellspermann’s delegation to Asia to represent Indiana soybean farmers.”

In addition to McDaniel, Indiana Corn Marketing Council (ICMC) President Dennis Maple of Greentown, Ind. and ISA/ICMC Director of Grain Marketing programs Rosalind Leeck served as members of the delegation.

While in South Korea, Lt. Gov. Ellspermann’s delegation encouraged the country’s agricultural leaders to look to Indiana for quality soybeans, corn and related products. USSEC and USGC staff in South Korea are responsible for promoting and developing markets for U.S. soybeans and corn. 

“To support a growing economy in Indiana, we must continue to develop more business relationships in all parts of the world,” Ellspermann said. “The agricultural trade mission is helping us build on the strong trade relations that Indiana already has with Korea and allowing us to enhance our global leadership in agriculture.”

The U.S. exported 20 million bushels of soybeans to South Korea in 2013, 54 percent of the country’s whole soybean imports.  Historically, the U.S. has a strong relationship trading corn to South Korea, which consumes about 300 million bushels each year and USGC is working to strengthen that relationship and increase the market in the country for products like DDGS. 

ISA and ICMC – the state’s soybean and corn checkoff organizations – are working to inform countries throughout Asia about the quality of Indiana corn and soybean products available for trade, including soybean meal.  In May, ISA and the U.S. Soybean Export Council hosted a program in South Korea for feed manufacturers and nutritionists to learn more about U.S. soybean meal. 

“The presence of Indiana Soybean Alliance and Indiana Corn Marketing Council on this trip has enriched our conversations with our trade partners throughout Korea and shown new ways we can strengthen and grow our business relationships,” said Ted McKinney, director of the Indiana State Department of Agriculture.  “Being a global leader in agriculture takes a team, and we appreciate ISA’s and ICMC’s commitment to this goal.”

In addition to South Korea, the trade delegation visited Japan and Taiwan during the 12-day trip which ended on June 27.

“Our visit to Korea with Lt. Gov. Ellspermann reflects the growing trade relationship between Indiana and Asian countries,” said Maple. “As a long-time market for U.S. crops, Korea offers Indiana corn farmers new opportunities for trade relationships and ICMC is actively pursuing those prospects in cooperation with the U.S. Grains Council. We are pleased that our efforts come with support from local and state leaders.”

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During the Lt. Governor Trade Delegation to Asia earlier this month, staff from the in-country offices of U.S. Soybean Export Council (USSEC) and U.S. Grains Council (USGC) met with the group in South Korea to update Lt. Governor Ellspermann about their efforts to build markets on behalf of Hoosier soybean and corn farmers. Pictured from left are Indiana Corn Marketing Council President Dennis Maple, ISA/ICMC Director of Grain Marketing Rosalind Leeck, Indiana Soybean Alliance Treasurer Shelley McDaniel, Lt. Governor Sue Ellspermann, USGC Country Director for Korea Byong Ryol Min, Indiana State Department of Agriculture Ted McKinney, and USSEC Country Director for Korea Say Young Jo.

 

The Indiana Soybean Alliance works to enhance the viability of Indiana soybean farmers through the effective and efficient investment of soybean checkoff funds and the development of sound policies that protect and promote the interest of Indiana soybean farmers. The ISA is working to build new markets for soybeans through the promotion of biodiesel, livestock, grain marketing, aquaculture, new soybean uses, and research. ISA is led by an elected farmer board that directs investments of the soybean checkoff funds on behalf of more than 28,000 Indiana soybean farmers and promotes policies on behalf of the ISA’s 800 dues-paying members. Visit www.indianasoybean.com for more information.

The Indiana Corn Marketing Council was established by the Indiana General Assembly to promote the interest of corn growers in the state and manage corn checkoff funds. The Council is composed of 17 voting producer directors and seven appointed industry, and government representatives. For more information, visit www.incorn.org.

 

 This communication was funded with corn and soybean checkoff dollars.