News 207 views last update:6 Aug 2012

US and Spain team up to promote US soy

US soybean farmers are working with Spanish animal industry organizations to share their wealth of knowledge in soybean feed and to work to promote US soy.

To successfully initiate this partnership, the United Soybean Board and soybean checkoff are participating in a Joint Industry Development Agreement, which will lay the groundwork for future cooperation between U.S. soybean farmers and the Spanish livestock industry.

The agreement has been signed by USB representatives, the U.S. Soybean Export Council, the American Soybean Association - International Marketing, the Spanish Feed Compounders Confederation, la Universidad Politecnica de Madrid and the Fundación Española para el Desarrollo de la Nutrición Animal. These organizations have entered into this agreement with the common goal of facilitating the growth of U.S. soybean exports, while assisting processors and users in Spain.

Benefit soy farmers
"This partnership will benefit U.S. soybean farmers as well as Spanish agriculture," says Terry Ecker, USB International Marketing chair and soybean farmer from Elmo, Mo. "By openly sharing our knowledge of agriculture with these organizations, we open a better position for U.S. soy in Spain."

Indian soy
This is not the first time that soybean checkoff farmer-leaders have worked to educate foreign markets on incorporating soy into feed and food markets. A joint effort of the soybean checkoff and the American Soybean Association is under way in India to increase the utilization of domestically grown soy in hopes of decreasing Indian soy exports and beginning U.S. imports. India's population is expected to exceed China's by 2040, making it an extremely promising new market for U.S. soybean farmers.

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