Exports
Soybeans are the most valuable agricultural commodity exported from the United States, accounting for more than $28 billion in export value in 2017. Exports also accounted for more than 60 percent of U.S. soybean production last year, making them the key to growing the industry’s profitability.
In the 2018-19 marketing year, key markets to watch include:
- Mexico – 7.2 MMT Exported
- Indonesia – 2.7 MMT Exported
- Egypt – 2.6 MMT Exported
- Spain – 1.9 MMT Exported
- Pakistan – 1.1 MMT Exported