April, 2003
Among the brightest stars in CY 2002 U.S. seed trade data was
soybean seed exports to Mexico. Out of $871.8 million in total U.S.
planting seed exports, soybean seed accounted for $56.7 million –
more than twice as high as the year previous. Soybean seed exports
to Mexico alone were $48.2 million (218,000 MT), up from $14.5
million (71,000 MT) in 2001 and only $2.6 million (12,000 MT) in
2000.

The tremendous growth in U.S. soybean seed exports to Mexico
merits some attention, especially since the volume in MY 2001/02
substantially exceeds Mexico’s forecasted soybean production in the
current season. Assuming that the seeding rate for soybeans in
Mexico is anywhere near that of the U.S. (around 70 lbs/acre),
Mexico can only use about 6,000 tons of soybean seed per year.
Despite the likelihood of rapid commercialization in the Mexican
soybean seed market, it
appears there may be an error in U.S. trade statistics.
Mexico’s soybean seed exports did increase from zero to 220 MT last
year, but that is relatively small, so neither trans-shipment nor
winter nursery activity figure into this story. Intentional
misclassification is not likely either, since the surge does not
appear in Mexican data. Official Mexican customs statistics show
total CY 2002 soybean seed imports of only 1,200 tons, half from the
United States, half from Guatemala. In 2001, Mexican customs reports
5,800 tons of soybean seed imports, mainly from the U.S.
Interestingly, U.S. non-seed soybean exports to Mexico in CY 2002
are recorded at 4 million tons north of the border and 4.3 million
tons south of the border. Most likely, some U.S. non-seed soybean
exports to Mexico have been inadvertently misclassified on Shippers’
Export Declarations. U.S. industry experts agree that 218,000 tons
of soybean seed exports to Mexico in 2002 is highly unlikely, noting
that soybean germplasm does not travel well across latitudes as it
is sensitive to day length. Checking the unit prices of exports did
not help: Average export prices were within the same range for all
countries for both non-seed and seed uses. USDA is working with the
Census Bureau to investigate the problem.
Should the $48 million in U.S. soybean seed exports turns out to
have never happened, earlier stories celebrating a 10 percent
increase in U.S. seed exports in MY 2001/02 will have to be revised,
but U.S. seed exports increased 5 percent even without soybean seed. |
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