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"One last point, a fair amount of the soybeans used by the poultry integrators are already imported from South America and that trend is expected by the poultry industry to continue and grow. " <br /> <br />some importation of soy meal has occurred over the last several years. this is quite correct...and a new phenomenon. the rumors and threats of these arrivals have dramatic effect on market prices but the amounts are not significant as a precentage of national domestic usage. whether this will build in volume is an open question. in general, these shippments have been to feed the southeastern hog/poultry industry and part of their strategy to negotiate lower rail rates on soymeal from the railroads ( see recent discussions of "source monoply/competition"). the long term attractivenesss of importation to the main feed zones is questionable. basically, the meal needs to move "upstream" in the archetecture of domestic supply ,ie, the further inland it comes the more cheap, lower freight and competitive meal will be present by virtue of moving closer to the main midwestern processing sources. <br />anomally years can occur when domestic supplies of feed are in short supply and domestic prices rise to ration use and draw added grain. in 2001/2 english wheat was offloaded at wilmington and brunswick to help offset a short soft wheat crop in the eastern usa. <br />
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