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Soy groups join Chinese leaders at Soy Global Trade Exchange

As part of the recent U.S. Soy Global Trade Exchange in Davenport, Iowa, leaders from the Chinese agricultural sector signed purchase agreements for nearly $3 billion worth of American soy. American Soybean Association and United Soybean Board co-sponsored the event, which was hosted by U.S. Soybean Export Council.

“The United States continues to export so many soy products because our customers recognize the strength of our delivery system and the quality of our soybeans,” said ASA President Danny Murphy. “These agreements certainly prove the U.S. Soy Global Trade Exchange was a success.”

“These contracts speak to U.S. soybean farmers’ work to produce high-quality soybeans,” added USB Chairman Jim Stillman. “The U.S. soy industry is committed to meeting the demands of our customers, and we are doing that by growing the best crops we can.”

“China is an important trade partner of the U.S. soy industry,” said Randy Mann, ASA secretary and recently re-elected USSEC chairman. “We look forward to continuing to grow our relationship with our largest international customer.”

In addition to ASA, USB and USSEC farmer leaders, Alan F. Poock, World Initiative for Soy in Human Health Asia program manager, and R.S.N. Janjua, ASA/WISHH Pakistan country representative, attended the Exchange, meeting with U.S. exporters at the trade show to discuss export and business opportunities in developing markets where ASA/WISHH conducts programs.

Date: 10/7/2013



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