The Indiana Soybean Alliance is working with buyers in Indonesia to direct-export Indiana-grown soybeans by container. The 10-person delegation, led by ISA, has been meeting with potential soybean buyers in the country.
Ed Ebert, senior director of market development with ISA, says there is a significant opportunity for farmers in the state to export US Number 1 soybeans specifically to support the country’s tempeh and tofu business. “Between 2.4 and 2.5 million metric tons per year, which is pretty significant,” he says.