ADVANTAGES OF U.S. SOYBEAN MEAL IN

DOMESTIC FEED RATIONS

AMINO ACID PROFILE

High levels of amino acids Balance well with cereal grains

AMINO ACID Digestibility

Lysine typically estimated at 85% digestible

Similar high digestibility levels for other amino acids, like threonine

Other NUTRITIONAL

CHARACTERISTICS Energy Minerals Vitamins

NUTRITIONAL VALUE

PROPOSITION Extensively used in livestock feeds Delivers nutrients critical to:

Animal health Performance

Cost Competitive

AVAILABILITY 60 domestic soybean processing plants Consistent product Geographic and weather diversity

RELIABILITY Consistency Everyday known product quality Easily formulated

HEDGEABILITY Traded in large volumes Known and relatively predictable

price relationships

Can reduce risk of ingredient exposure

QUALITY/ CLAIMS

PROCESS Trade rules ensure

protein, fiber and moisture values

Reductions in quality are offset financially

TRANSPORTATION

DIVERSITY Multiple delivery means Consistent and timely Reduced overbuying Less lead-time Less freight expense Truck, rail or barge

TRANSPORTATION DIVERSITY

Multiple rail lines Various size cars Can increase usable storage space

GRIND Ground by processor Used without additional expense Facilitates blending and bulk bin utilization Minimizes dust and fines Specific grind characteristics possible

MOISTURE Consistent moisture Increased or decreased

moisture possible

FLOWABILITY Eases feed manufacturing Enables delivery of a more

consistent feed Lowers feed production costs

PLANT QUALITY

Adjustments

Many soybean meal traits can be adjusted:

Moisture and grind Protein and fiber Flow coating agents Toasting

Color Digestibility Palatability

SUSTAINABILITY Proven track record Improved sustainability:

Reduced weed control Less fuel More no-till Improved land rotation and yield

MARKET DRIVEN Relatively low- or no-subsidy crop World supply and demand are the primary

determinants of the final value

“ALL VEGETABLE”

Considerations All-vegetable product "All Natural" and "Vegetable Diet"

labels are increasing Many consumers are willing to pay

more for these products.

Soybean checkoff support of animal agriculture: Enhance soybeans Improve soybean meal Emphasize the economic importance of animal

agriculture Increase meat and poultry exports Provide reliable, third-party educational

information about today’s food system

U.S. SOYBEAN Industry Support

U.S. SOYBEAN

Industry Support When we "value add" it is good for the entire value chain

Farmers Truckers Livestock Producers Processors Seed Technology Companies Consumers

WORKING CONTINUOUSLY

To Improve Improve quality of current

soybean crop Create environment that rewards

better processing Develop and commercialize new

trait-enhanced soybeans

THANK YOU

www.soymeal.orghttp://beyondtheelevator.com

For additional information, please contact:Philip Lobo - plobo@smithbucklin.com

314-579-1582