National Agri-Marketing Association
NAMA Website
Upcoming Events
Agri-Marketing Conf
Best of NAMA 2018
Member Directory

National Association of Farm Broadcasting (NAFB) reports:

Government data shows that U.S. farmers again exported a record amount of soybeans, shipping 2.6 billion bushels to international buyers in the 2016-17 marketing year.

Valued at more than $28 billion, the milestone represented the second year in a row that exports exceeded 60 percent of U.S. soybean production. However, the United Soybean Board warns that record U.S. production is no longer enough to ensure markets for U.S. farmers.

A USB board member points out that soy production is growing worldwide, giving buyers more choice. Derek Haigwood of Arkansas says the U.S. needs to "differentiate our product and farmer practices to customers" to position the U.S. as a preferred supplier in the future. He suggests that improvements to meal and oil will help the U.S. "keep a strong foothold" in overseas markets.

Search News & Articles

Proudly associated with:
American Business Media Canadian Agri-Marketing Association National Agri-Marketing Association
Agricultural Relations Council National Association of Farm Broadcasters American Agricultural Editors' Association Livestock Publications Council
All content © 2020, Henderson Communications LLC. | User Agreement