is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist

Record-setting soy exports

U.S. soybean farmers already have one reason to give thanks this fall — 2008 exports of U.S. soy have set another all-time record. This year over 1.5 billion bushels of soy were exported from the United States, and these exports are valued at more than $12 billion.

U.S. soybean farmers shipped out over 1.1 billion bushels of whole beans. Also, increasing 11 percent from last year were exports of soybean meal totaling 346 million bushels. Soybean oil weighed in at nearly 1.1 million metric tons with a whopping increase of 68 percent from last year’s numbers.

Soybean checkoff-funded international marketing efforts helped achieve these record-setting export numbers.

“Checkoff-funded global demand-building programs have demonstrated their success with another record-setting year,” says Terry Ecker, soybean farmer from Elmo, Mo., and United Soybean Board International Marketing chair. “The programs work diligently to make sure that overseas customers prefer U.S. soy. The numbers prove our checkoff farmer leaders understand the importance of marketing U.S. soybeans.”

China is again the top importer of U.S. soybeans with 490 million bushels, which go toward human and animal consumption. China also imported 171,000 metric tons of soy oil from the United States, which is used as a cooking oil and other food uses. With 131 million bushels of U.S. soybeans, Mexico comes in as the second-largest importer, followed closely by Japan with nearly 100 million bushels. U.S. soybeans also maintained a strong foothold in the European Union with Germany importing 45 million bushels, the Netherlands shipping in 43 million bushels and Spain accepting 19 million bushels.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.