Exports

Exports continue to generate demand for U.S. soybeans. Currently, the United States exports nearly half of the soy produced domestically, which added up to 2 billion bushels–valued at more than $30 billion–in the 2013/14 marketing year. Overall global demand of soy is projected to increase from 284 million metric tons (10.4 billion bushels) in 2013/14 to 350 million metric tons (12.8 billion bushels) by 2023/24. Increased global demand for soy means a larger market for U.S. soybeans, positively impacting your bottom line.