Iran: “Top Secret” Letter Warns About Soybean Powder Scarcity
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Soybean Meal is the most crucial input of meat production in Iran and many other countries. This product, extracted from Soybeans, forms a significant part of poultry feed in the country, along with corn. At the same time, despite the great importance of the Meal in providing poultry and livestock feed, the country is highly dependent on imports of Soybean Meal and grains, which is a significant disadvantage. According to available statistics, the country’s annual need for food is about 2 million tons, mainly through imports.
The Iranian Customs Authority announced that the country’s foreign trade amounted to $87.4 billion during the first nine months of the current Iranian year (starting from March 21, 2022), a growth rate of 17 percent. The most critical imported commodities during this period included corn, with a value of $2 billion and 613 million and a share of 5.89 percent, rice with a value of one billion and 722 million dollars and a share of 3.88 percent, Soybeans with a value of $1 billion and 519 million and a share of 3.43 percent, common wheat with a value of one billion and 454 million dollars and a share of 3.28 percent, and sunflower seed oil of 945 million dollars with a share of 2.13 percent.
According to documents obtained by Iran International, Iran is facing a crisis in the supply of essential commodities. Ali Shamkhani, the Secretary of the Supreme National Security Council of Iran, in a “top secret” letter addressed to Iranian President Ebrahim Raisi, warned that the scarcity of animal feed is problematic, and stocks and supplies of Soybean powder are “extremely critical.”
In this letter that he sent to “Raisi” in his capacity as the head of the Supreme National Security Council on February 5, Shamkhani, the secretary of this council, wrote: “What is causing concern in the livestock institutions is corn, barley, and Soybean powder, which will affect Production of chicken meat, eggs, red meat, milk, and dairy products.
Shamkhani continued, “Among these three commodities, the state of stock and supply of Soybean powder is very critical, and although the price of 16,300 tomans was set for the supply of each kilo in the “bazargah” system, the average supply price in the market reached 25,000 tomans.
According to the AgFlow data, Brazil led its import market with 0.34 million tons of Soybeans in Jan-Apr 2023, followed by Canada (63,000 tons) and Romania (10,437 tons). In 2021, Iran imported Soybeans worth $870 million, becoming the 18th largest importer of Soybeans in the world. In the same year, Soybeans were Iran’s 3rd most imported product. Iran imports Soybeans primarily from: Brazil ($561 million), Canada ($310 million), and Turkey ($24.9k).
The same year, Iran exported Soybeans worth $42.5k, making it the 101st largest exporter of Soybeans in the world. The same year, Soybeans were the 717th most shipped product in Iran. The leading destination of Soybeans exports from Iran is Germany ($24.8k) and Sweden ($7.69k).
Soybean Meal Trade in Iran
In 2021, Iran imported Soybean Meal worth $515 million, becoming the world’s 17th largest importer of Soybean Meal. In the same year, Soybean Meal was Iran’s 6th most imported product. Iran imports Soybean Meal primarily from: Brazil ($265 million), Argentina ($208 million), Turkey ($41.5 million), India ($90.4k), and the United Arab Emirates ($14.6k).
In 2021, Iran exported Soybean Meal worth $118k, making it the world’s 92nd most significant exporter of Soybean Meal. In the same year, Soybean Meal was Iran’s 610th most exported product. The leading destination of Soybean Meal exports from Iran is Uzbekistan ($106k), Georgia ($6.25k), and Pakistan ($5.46k).
Other sources: IRANINTL
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