Navigating Transportation Options to Best Serve Our Customers

Mike Henderson2015 Global Trade Exchange

International Feed Snapshot

• Established in 1999 by Bernie and Carrie Kaiser

• Private, Family Owned Company

• Based in Long Lake, MN (Greater Minneapolis Area)

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Core Business

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ORIGINATION of Grains, Meals

and Animal Proteins directly

from Farmers and Producers

TRANSLOAD of Bulk and Packaged

Agricultural Products into

Containers

EXPORT of Grains, Meals and

Animal Proteins to over 30 International Markets in Asia, Middle East and

Latin America

Containerized Exports

Grains and Oilseeds • Non-GMO Corn and Soybeans • US #2 Corn & US #2 Soybeans • Milling and Feed Wheat

Feed Proteins • DDGS• SBM • Corn Gluten Meal • High Fat Canola Meal• Cottonseed Meal • Sunflower Seed Meal

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Animal Proteins • Poultry By Product Meals• Flash Dried Blood Meal • Beef MBM• Pork MBM• Feather Meal • Spray Dried Inedible Eggs

Specialty Proteins • Deproteinized Whey • Whey Protein Concentrate • Whey Protein Isolate

Ocean Freight Outlook

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Ocean Freight Outlook

• Historically low ocean freight levels on many trade lanes – TPWEB

• Container availability during harvest (Import Peak Season)?

• Get grain to containers or containers to grain

International Feed Loading Locations

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Ocean Freight Outlook

• October 1 GRI of $300 per 40’ container announced – more to follow

• Baltic Dry Index • China Demand • Bunker • Alliances • Capacity Reductions if rates do not rebound –

blanked sailings/string cancellations

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Ocean Freight Outlook

• Plan ahead • Bookings, equipment availability, vessel space,

GRI notices • Have the conversation

THANK YOU Questions?