Analyst John Baize says that exports have been a top priority for the U.S. soybean industry since the 1950s. This year, he projects exports to be nearly 60 percent of the U.S. soybean crop. More per capita income in developing countries translates to an improved diet, which means more animal protein and more vegetable oil. Global demand for soybeans is growing faster than for other ag exports, and he predicts that soybeans will remain a very desirable crop for U.S. farmers in the year ahead. [Recorded August 2017]
