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IL Soybean likes latest U.S./Cuba step

The chairman of the Illinois Soybean Growers says they are pleased President Obama has taken another step in easing trade relations with Cuba.  Obama and the State Department have recommended removing Cuba from the list of State Sponsors of Terrorism.  Cuba has been on that list for 33 years.

Illinois Soybean Chairman Bill Raben says that step will let “U.S. banks handle transactions with Cuba without repercussions” and will increase soybean exports.

Illinois is the leading state for soybean production and soy is the second largest U.S. import of Cuba’s.