Soybean markets have rebounded tremendously over the first half of 2021 after an extended period that was hampered by any number of factors, from international trade conflicts to African swine fever in China to economic disruptions brought on by the COVID-19 pandemic.
In June, the U.S. Soybean Export Council (USSEC) hosted two digital conferences, reaching more than 1,700 customers and soybean industry representatives from the Pan-Asia region. The events – the Pan-Asia Soy Food Summit and Asia Trade Exchange 2020 – demonstrated U.S. Soy’s versatility as both food and feed and highlighted how the soy industry has remained reliable and sustainable since the onset of the COVID-19 pandemic.
One might wonder what an African businessman from the largest city in Uganda has in common with a soybean farmer from Astoria, a South Dakota community of 139 people. The answer is a St. Louis-based organization linked us in the important job of feeding a growing world.
David Iverson, a South Dakota farmer from Astoria, is in Africa this week showcasing the benefits of soy. Through his work as chairman of the South Dakota Soybean Checkoff and chair of the American Soybean Association’s WISHH Committee, David hopes to help spur market development for soy by sharing it’s nutritional value with people in Africa.
Up-and-coming chefs from area schools competed in the 13th annual Soyfoods Cook-Off Luncheon sponsored by the South Dakota Soybean Research and Promotion Council. Students from both Mitchell Technical Institute-Culinary Academy of South Dakota and South Dakota State University entered recipes to compete for first place honors in the individual categories.
Guatemala & Nicaragua
David Iverson, president of the South Dakota soybean checkoff board, is in Guatemala & Nicaragua this week for World Soy Foundation (WSF) and World Initiative for Soy in Human Health (WISHH) conference and project visits. In addition to serving on the state checkoff board, David is chairman of WISHH and also sits on the WSF board.