National Ag News

Chinese soybean buyers Thursday signed contracts for 460 million bushels of U.S.-grown soybeans worth more than $5 billion.  U.S. Soybean Export Council CEO Jim Sutter says that beats similar signing events last year by more than $1 billion.  China’s the top customer for U.S. soybeans, with the world’s largest swine herd and a growing middle class eating more meat and consuming more protein.  Iowa farmer and United Soybean Board Director April Hemmes puts in perspective the size of the Chinese soybean purchase.

Continue reading Chinese soybean sale tops $5 billion at Brownfield Ag News.