April 15, 2019
US soy sector leaders hold "successful" meetings in China
"The US soy industry and China have a 37-year track record of actively investing and partnering in programmes that support each other's industries," said USSEC CEO Jim Sutter.
"American soybean farmers prosper when they have access to these international markets, and China is a great example of that. We are hopeful that our farmers will have the opportunity to continue delivering high-quality soy to China and other customers throughout the world. Open, free market access is critical to our success."
"We are ready to do more business with China in the coming season," said ASA president Davie Stephens. "Our farmers are proud of the soy they grow in the US and we are optimistic a mutually beneficial trade agreement will be reached soon so that open, free trade can get started again."
"Customers around the world know they can count on American soybean farmers to deliver a consistent, sustainable and nutritious product year after year," said USB chair Keith Tapp. "US soy is the preferred choice in more countries than ever before and continues to deliver strong performance internationally and right here at home."
The visits to Beijing and Shanghai were a part of USSEC's efforts to maintain and further build relationships with exporters and stakeholders in China. In Beijing, US soy leaders met with industry leaders, long-term partners in key Chinese organisations and other industry experts.
While in Shanghai, USSEC hosted Chinese partners at an event called "Experience Today's U.S. Soy Advantage," at which the US Ambassador to China, Terry Branstad, participated and delivered keynote comments. The purpose of the meeting was to remind Chinese customers of the benefits of US soy, thank them for their trust in American soybean farmers and the US supply chain and foster business in the future with US soy interests.
In addition, the team visited a site near Shanghai where USSEC is demonstrating new technology for aquaculture production is to Chinese industry. This technology, called Intensive Pond Raceway System (IPRS), is being rapidly adopted across China.
- United Soybean Board