Home Indiana Agriculture News Soy Growers Benefit from Meat and Poultry Export Growth

Soy Growers Benefit from Meat and Poultry Export Growth

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USB on HAT with Scott Singlestad

Scott SinglesteadThe importance of poultry and livestock to soybean farmers is well documented. What may not be as well-known are the benefits for soybean farmers when U.S. meat, milk and eggs are exported.

According to a soy checkoff-funded study, 40 million tons of soybean meal, or the meal from 1.6 billion bushels of U.S. soybeans, were exported in the form of meat and poultry between the 2005 and 2015 marketing years. This was worth almost 14 billion dollars to the U.S. soybean industry.

Soy checkoff farmer-leader Scott Singlestad from Minnesota explains why U.S. meat and poultry exports continue to grow.

“Once a country or their people start eating better, they want a higher protein and more protein in their diet,” he says. “And there’s no better way adding protein to the diet than meats.”

U.S. animal ag consumes 97 percent of the domestic supply of soybean meal, making it the most important end user of U.S. soy.

For more information on the importance U.S. soybean farmers working together with animal producers, visit www.UnitedSoybean.org.