New advanced software from the U.S. Soybean Export Council shows global buyers the true value of U.S. soybean meal based on quality versus price.
Doug Winter, U.S. Soybean Export Council Vice Chair, said the Nutrient Value Calculator helps international customers assess the economic benefits of U.S. soy meal compared to other producers around the world.
?The Nutrient Value Calculator that has been developed by Genesis Feed Technologies through use of soy checkoff funds takes into consideration the energy and the amino acids in U.S. soybeans or soybean meal,? Winter said. ?It’s used in swine, poultry, dairy rations, as far as land-based livestock, and then it’s beginning to be used in aquaculture operations for formulating aquaculture rations for feeding fish.?
Winter says the calculator helps global customers affirm they are getting a higher-quality product from U.S. soybean farmers.
?This helps to analyze the better-quality parameters or components that are contained in U.S. meal,? Winter said. ?We help the customers achieve their goals on efficiency and more profitability by proving that U.S. meal is more effective and has a lower cost. And of course, we’re seeing very positive results coming back from the use of the calculator.?
Through the investment by the United Soybean Board and U.S. Soybean Export Council, Winter says the calculator can help increase sales of U.S. soybeans.
?With animal ag being our number one customer, consuming approximately 97 percent of the soybean meal that we produce here in the United States, we feel that the tool will impact the global customer purchases moving forward and we’re seeing very positive results and feedback from the people that are using it so far from our customers,? Winter said.
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