NDSC Invests in Trade Missions

The North Dakota Soybean Council is leading a trade mission to Thailand and Vietnam in mid-January. Council Chair Jim Thompson says these two key markets prefer North Dakota soybeans. A year ago, the NDSC traveled north of the border to identify market opportunities in Canada. In theory, Canadian soybeans are being delivered to North Dakota crush plants, and those trucks are returning home with soybean meal. “There’s a lot of animal agriculture across the border and soymeal’s the preferred food ration for those animals,” said Thompson. “It’s an opportunity for these facilities to get the meal out, which is the challenge now with these crush plants. The oil is spoken for; it’s just getting the meal shipped off and getting it off their hands so they can continue to crush at the pace that they want to.”