Home Indiana Agriculture News Soybean Farmers Continue Producing Quality Product

Soybean Farmers Continue Producing Quality Product

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USB-Dwain Ford

dwain-fordU.S. soybean farmers continue to provide their international customers with reliable, quality products, and those customers have once again rewarded them with big purchases. In the 2013/2014 marketing year, the United States exported over 2 billion bushels of U.S. soy, valued at more than $30 billion.

According to the U.S. Department of Agriculture, the 2013/2014 export total includes more than 1.6 billion bushels of whole U.S. soybeans, meal from 484 million bushels and oil from 161 million bushels. This total represents 62 percent of U.S. soybean production from last year.

Soy checkoff farmer-leader Dwain Ford of Illinois says China continues to be the top buyer of U.S. soy.

“China is by far our number one importer of U.S. soybeans. They are very much a net importer, and approximately 40 percent of our soybeans that are exported go to the country of China.”

Find out more about what exports mean to u.s. soybean farmers by visiting www.unitedsoybean.org.