To kick off the 2017 U.S. Soy Global Trade Exchange, Nebraska Lieutenant Governor Mike Foley provided opening remarks to the international and domestic soybean audience. I was able to speak with the Lt. Governor who shared how proud the state is of its agricultural industry. He said, “It’s really the backbone of our economy. We like to grow things.” “It’s …
Trade Offers Stability for Rural Economies
Jason Hafemeister, Acting Deputy Under Secretary for Trade & Foreign Agricultural Affairs at the U.S. Department of Agriculture (USDA) addressed the attendees of the 2017 U.S. Soy Global Trade Exchange, bringing a message of greater trade opportunities for America’s farmers. “A substantial part of our farm income comes from foreign markets,” said Hafemeister. “So we at the department are always …
A Growing North Asia U.S. Soy Market
To kick off the 2017 U.S. Soy GLobal Trade Exchange eleven Chinese purchasing agreements were signed with five U.S. soybean exporters for 3.8 MMT valued at $1.561 billion. The U.S. Soybean Export Council (USSEC) and Midwest Shippers Association serve as hosts for the conference where over 250 international buyers representing over 55 countries attend. “These companies are very loyal buyers …
Relationships Drive U.S. Soy Exports
The U.S. Soy Global Trade Exchange & Midwest Specialty Grains Conference and Trade Show in Omaha, Nebraska is running full tilt and Jamie Johansen has it covered. In her interview with U.S. Soybean Export Council (USSEC) CEO Jim Sutter, the two addressed the relationship building essential to trade and the reasons the global market chooses U.S. soy. “This [event] is just …
International Buyers of U.S. Soy Convene in Omaha
Next week, U.S. soybean farmers will have the opportunity to meet the international buyers responsible for purchasing the 60% of soybeans exported from the U.S. each year. The U.S. Soybean Export Council (USSEC) will host its 5th annual U.S. Soy Global Trade Exchange Aug. 15-17 at Omaha’s CenturyLink Center. It will be our second year to cover the event and …
USDA Forecast Optimistic Despite Conditions
U.S. farmers are expected to produce a record-high soybean crop this year, according to USDA’s August Crop Production report released Thursday. Soybean production is forecast at 4.38 billion bushels, up two percent from last year, while corn growers are expected to decrease their production by seven percent from last year, forecast at 14.2 billion bushels. Soybean yields are expected to …
SMART Farmer Jeanette Merritt
Jeannette Merritt is our SMART Farmer for this episode – an Indiana farm girl and former agricultural journalist who is raising crops, hogs and kids with her husband and serving the industry in many capacities. Jeanette is a 4th generation farmer, a Purdue University graduate, Director of Checkoff Programs for Indiana Pork and serves on the Indiana Soybean Alliance board …
Bayer Building on Credenz Momentum
Credenz® soybeans continue to build momentum. This year, Bayer released 10 new Credenz soybean varieties with smart genetics and even more are expected for 2018, pending label approval for Balance® Bean herbicide later this year. “We’re launching a new trait, the Balance™ GT soybean, which will be an exciting new trait for growers to use for managing resistant weeds,” said …
Teachers Offered a Day on the Farm
The Minnesota Soybean Research and Promotion Council (MSR&PC) has partnered with U.S. Farmers & Ranchers Alliance (USFRA) to start a program to help urban teachers learn more about agriculture so they can teach it to their students. To kick it off, educators in Minneapolis and Sacramento are invited to take a farm tour at the end of August to engage …
Bayer Hosts Field Day in Dekalb
Farmers and retailers gathered near Dekalb, Illinois on Tuesday for the Bayer Innovation Plus Tour. Bayer Technical Development Rep Daren Bohannan says the event focused on corn and soybeans and included presentations on disease observations, selective corn herbicide trials, Balance GT soybeans, ILeVO Seed treatment & PPO Herbicides, Liberty weed control, new Credenz products and more. “We got planted late …