KS farmer says market diversification remains important for U.S. soy

The new chairman of the U.S. Soybean Export Council says market diversification is important to the future of U.S. soybean production.

Lance Rezac from eastern Kansas says more than 60% of U.S. soybeans are exported and USSEC is working with over 80 countries to grow soybean demand.

“USSEC teaches them how to buy soy, how to feed a fish and formulate a ration for a chicken.”

Rezac says China is still a key market for U.S. soybeans.

“We’re hoping to maintain those relations and keep our exports good there.”

U.S. soybeans might not be the cheapest option on the global market, but the quality of the soybeans produced in the United States is unmatched. He says that’s especially true comparing the crop to Brazilian beans.

“I was in Mato Grosso in February. It’s a tropical environment. They’re growing beans in a tropical environment and it’s got its challenges,” says Rezac. “The soybeans don’t naturally mature so they have to desiccate them, let them dry down awhile and then they harvest them, clean them and dry them with eucalyptus wood. I’ve seen the beans come out of the field and to terminals. We have a quality advantage.”

Brownfield interviewed Rezac at the Commodity Classic in Houston, Texas.

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