nc soy quality supply and pricing
Download
Skip this Video
Download Presentation
NC Soy Quality, Supply and Pricing

Loading in 2 Seconds...

play fullscreen
1 / 15

NC Soy Quality, Supply and Pricing - PowerPoint PPT Presentation


  • 117 Views
  • Uploaded on

NC Soy Quality, Supply and Pricing. Charles Hall CEO – North Carolina Soybean Producers Association, Inc. NCSPA Commitment to Quality. Fund research on high protein and oil content Breeding research on composition and quality Communicate with farmers on quality and production issues

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'NC Soy Quality, Supply and Pricing' - kylia


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
nc soy quality supply and pricing

NC Soy Quality, Supply and Pricing

Charles Hall

CEO – North Carolina Soybean Producers Association, Inc.

ncspa commitment to quality
NCSPA Commitment to Quality

Fund research on high protein and oil content

Breeding research on composition and quality

Communicate with farmers on quality and production issues

Work with universitieson new varieties that meet Asian demand

nc planted area of major crops soybeans primary crop 2010 estimate 728 000 hectares will be planted
NC Planted Area of Major CropsSoybeans primary crop 2010 estimate 728,000 hectares will be planted
2009 asa im crop quality report
2009 ASA-IM Crop Quality Report
  • Protein: 35.8%
  • Oil: 19.6%
  • Number of Samples: 13
usda agrees nc beans better
USDA Agrees – NC Beans Better

In 2007, GIPSA collected and analyzed 1,112 samples from elevators in 27 states.

North Carolina soybean sample averaged 0.3% higher protein, 0.3% higher oil content, with fewer splits and slightly higher test weight.

slide12
USDA Elizabeth City Testing Results

Of 1,268 containers tested in February 2010: 

  • foreign material average was 0.8 %
  • splits average was 6.9 %
slide14
Despite higher quality, prices are lower in North CarolinaAverage for U.S. for 5-year period was $300/mt in NC and $305/mt across all of U.S.
recommendation
Recommendation
  • North Carolina Soybeans
    • Are competitively priced
    • Are higher quality
    • Are from the largest production in Southeast
    • Are relatively unknown
    • Do not need expensive and congested rail to get to the port
  • Specify in contracts under origin:
    • Southeast North Carolina buyers option
ad