NEWS
China Commits to Buy $2.8B in US Soy
Tue Sep 17, 2013 04:18 PM CDT

DAVENPORT, Iowa (DTN) -- Eight Chinese crushing companies signed contracts to purchase 177.4 million bushels of U.S. soybeans valued at $2.8 billion at a contract signing ceremony here Monday.

Some of the sales over 100,000 metric tons will be reported to USDA and listed later this week.

"About every fourth row of my crop is exported to China, the number one destination for all of American soybean exports," said Randy Mann, an Auburn, Ky., farmer and chairman of the U.S. Soybean Export Council. "This is something U.S. soybean farmers take great pride in. We are not ...

Quick View
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • SCO Sticker Shock Costs and potential disconnect with county yields make the Supplemental Coverage Option a hard se...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
China Bans Imports of US Poultry
Chinese Policy Hard on Soy Farmers
Vilsack: China OKs Viptera
China Sets New Grain Production Record
China Sets Corn Floor Price at $9.25
Soy Tour Helps Asian Buyers
US Soy Tour Helps Asian Buyers
China May Import More Non-GMO Beans
GMOs Confuse China Consumers, Too
Trait Defense