National Ag News

A Chinese delegation signed a trade agreement contract for 12.5 million metric tons of soybeans Thursday in Des Moines.  U.S. Soybean export Council CEO Jim Sutter tells Brownfield the agreement – for $5 billion – is positive news in the face of frequent stories about bad trade relations with China.

“This signifies, I think, that there is not tension in the soybean industry, and that we should feel very good about the relationship we have with these key companies and with China as a whole and the relationship we have as a supplier of soybeans to them,” Sutter told Brownfield Ag News following the signing ceremony.

Continue reading China signs for 460 million bushels of soybeans at Brownfield Ag News.