International trade is at the top of mind for Indiana soybean farmers. With 150 million bushels of Indiana soybeans leaving our country in 2011 (in the form of whole soybeans – 21 million bushels, soybean meal – 113 million bushels, and soybean oil – 16 million bushels), sustaining strong markets internationally remains very important.
In a recent Ag Trade Study, funded in part by ISA, it was found that soybeans and related products accounted for half of Indiana's agricultural exports in 2010, totaling $1.7 billion. These exports generated an estimated $1.1 billion in economic ripple effects, supporting an estimated 17,700 jobs throughout the state.
ISA partners with several organizations to make sure Indiana is represented in the global market.
USSEC -The U.S. Soybean Export Council is a partnership of key stakeholders representing soybean producers, commodity shippers, identity preserved value-added merchandisers, allied agribusinesses and agricultural organizations.
The USSEC Soybean International Buyer's Guide covers quality, procurement, transportation and risk management.
The World Initiative for Soy in Human Health (WISHH) is a program of the American Soybean Association (ASA), and brings the benefits of U.S. soy protein to developing countries where it can make a difference in lives today and in the future.
USDA Foreign Ag Service (FAS) - The USDA FAS is charged with providing assistance to buyers and sellers of U.S. agricultural products. Several programs provide funding for technical assistance, market research, consumer promotions, trade servicing and educational seminars.