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USSEC Launches Development of U.S.-China Soy Value Chain Innovation Center
The soy industry plays a key role in trade relations between China and the United States. To deepen cooperation throughout the supply chain, USSEC is developing the U.S.-China Soy Value Chain Innovation Center, or SIC, in Henan, a province in Central China, with soy checkoff support. A hybrid Memorandum of Understanding signing ceremony was held on February 28, 2023, to mark this milestone.
“This MOU represents a remarkable and unprecedented success in deepening agricultural cooperation between the U.S. and China,” says Xiaoping Zhang, USSEC regional director...
USMEF Says Beef, Pork Exports Provided Strong Returns for Corn, Soybean Sector
The U.S. Meat Export Federation (USMEF) said record-high values for beef and pork exports led to “significant returns” for domestic corn and soybean industries in 2022, per a study conducted by World Perspectives, Inc.
U.S. pork and beef exports contributed an estimated total economic impact of 15% per bushel to the value of corn and 13% per bushel to soybeans in 2022, according to the study.
“For every bushel of corn we marketed in 2022, a little over $1 was attributed to red meat exports and...
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