Dr. Seth Meyer, Chairman of the World Agriculture Outlook Board – USDA Office of the Chief Economist, opened the 2016 U.S. Soy Global Trade Exchange with a global soy and grain supply and demand outlook. Meyer projected that global trade growth is expected to continue, and stated that for China, soybean imports are key to meal consumption growth. The U.S. Soy Advantage is a critical reason why Chinese buyers choose U.S. Soy: producers seek meal made from U.S. soybeans because of its superior component value and end users recognize, use, and communicate the advantage of both conventional and high oleic U.S. Soy oil.
