Soy Buyers Convene in Omaha

Nearly 60 percent of the soybeans currently growing in America’s soybean belt are exported. Soy exports generated more than $24 billion of revenue for the United States last year, and this number is growing alongside global populations and economies.

Last month, many of the farmers who grow U.S. Soy had the opportunity to meet the international buyers who purchase it. The U.S. Soybean Export Council (USSEC) hosted its 5th annual U.S. Soy Global Trade Exchange Aug. 15-17 at Omaha’s CenturyLink Center, and attendees represented a significant amount of U.S. Soy purchased.

More than 250 international buyers from 50 countries attended the 2017 U.S. Soy Global Trade Exchange, in addition to 350 U.S. soybean farmers, exporters, traders and other industry representatives. They attended trade team buyer/supplier meetings, enjoyed a networking reception at the Joslyn Art Museum and participated in key discourse on recent global and commercial issues affecting international soy and grain markets.

Perhaps the most valuable takeaway from the U.S. Soy Global Trade Exchange was the relationships forged during it. Following the event, groups of international attendees visited U.S. farms for a firsthand glimpse of sustainable U.S. soybean farming practices.

USSEC hosted the event in conjunction with the Midwest Shippers Association. For additional information, visit www.grainconference.org.