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North Carolina Soybean Infrastructure Tom Slade NCDA&CS Director Marketing.

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Presentation on theme: "North Carolina Soybean Infrastructure Tom Slade NCDA&CS Director Marketing."— Presentation transcript:

1 North Carolina Soybean Infrastructure Tom Slade NCDA&CS Director Marketing

2 Message from NC Agriculture Commissioner, Steve Troxler Dear Valued Soybean Customer, Thank you for your interest in North Carolina soybeans. Our Soybeans are abundant, higher quality, competitively priced, and conveniently located near major international ports. I invite you to visit us in North Carolina to see our production first hand. Sincerely,

3 North Carolina Largest South East Soybean Producer with access to ports In 2009, NC produced 1.6 MMT of soybean

4 North Carolina Roads and Ports Three major ports near soybean production with ample access by trucking

5 Strong Rail System to Ports

6 Shipping Services from Wilmington NC Norfolk VA and Charleston SC Full line of frequent service available Evergreen Yang Ming Maersk Hanjin Hapag-Lloyd APL OOCL CMA CGM Group NYK Line Mediterranean Shipping Co.

7 Norfolk Shipping Schedule to Asia Frequent Shipping to Asia

8 NC Shipping Advantages Close to ports. Midwest shippers have to go long distances by rail, truck and/or barge, increasing costs. Freight Service. Port of Wilmington, NC has weekly sailings. Container Availability. Containers were available at Wilmington all of 2008 and 2009, while not the case elsewhere in the U.S.

9 Freight volume is less seasonal at Wilmington than at many other ports. Attractive rates if ship weekly. Options. Other port options are available if rates are not competitive from Wilmington. Positive East Coast Service Prospects. With Panama Canal expansion, East Coast will see larger vessels and more direct service to Asia. NC Shipping Advantages

10 NC Soybean Exports All exports recent and containerized Exports accounted for less than 1/10 th of production

11 Soybean Elevators and Crushers One major buyer: Cargill crushing plants in Raleigh and Fayetteville

12 Port and Crushing Delivery Points Ports closer to production than major crushing facilities Major Port Major Crusher

13 Scale Points (Exporters) for Containerized Shipping C.A. Perry and Son, Inc –Elizabeth City, NC –Hobbsville, NC –Morgan’s Corner, NC Parkway Ag, Elizabeth City, NC George Wood Farms, Camden, NC Rook’s Farm Service, Burgaw, NC Expected to load in 2010 JR Jones Grain, Red Spring, NC Paul Smith, Warsaw, NC

14 2009 Soybean Exports by Country All exports destined for Asia

15 Morehead Port Option Underutilized bulk port in North Carolina near major grain production Currently researching bulk grain option Direct service to Indonesia

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