Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
   
   
   
   
   

Agricultural News


Soy Exports Top Thirty Billion Dollars in 2013-2014 Marketing Year

Thu, 13 Nov 2014 13:17:38 CST

Soy Exports Top Thirty Billion Dollars in 2013-2014 Marketing Year U.S. soybean farmers continue to provide their international customers with reliable, quality products, and those customers have once again rewarded them with big purchases. In the 2013/2014 marketing year, the United States exported over 2 billion bushels of U.S. soy, valued at more than $30 billion.


The year got off to a fast start, exceeding the predicted export numbers in early 2014 and finishing strong with record-size crops starting to come out of the fields. According to the U.S. Department of Agriculture, the 2013/2014 export total includes more than 1.6 billion bushels of whole U.S. soybeans, meal from 484 million bushels of U.S. soybeans and oil from 161 million bushels. This total represents 62 percent of U.S. soybean production from last year.


"U.S. soybean farmers are committed to meeting global demand with a quality product," says Dwain Ford, United Soybean Board International Opportunities Target Area Coordinator and soybean farmer from Kinmundy, Illinois. "These export numbers prove that U.S. soy is a highly valued product in the global marketplace and that U.S. soybean farmers are doing our job."


Top buyers of whole U.S. soybeans in 2013/2014 include:

•    China: 1.013 billion bushels

•    Mexico: 124 million bushels

•    Indonesia: 75 million bushels   



Top buyers of U.S. soybean meal in 2014 include:

•    Mexico: meal from 68 million bushels of U.S. soybeans

•    Philippines: meal from 59 million bushels

•    Canada: meal from 45 million bushels   



Top buyers of U.S. soybean oil in 2014 include:

•    Mexico: oil from 36 million bushels of U.S. soybeans

•    China: oil from 35 million bushels

•    Dominican Republic: oil from 22 million bushels




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Clay Burtrum Talks Drought Needs for Cattle Producers   Mon, 26 Sep 2022 14:57:14 CDT
  • As Drought Persists, Forecast continues to show Low Chances of Rain Throughout the Next Few Weeks  Mon, 26 Sep 2022 11:59:42 CDT
  • UPL Joins NSP Industry Partner Program   Mon, 26 Sep 2022 11:30:11 CDT
  • Rural Renewal Symposium Planned for Oct. 5  Mon, 26 Sep 2022 11:25:14 CDT
  • Feedlot Production and Cattle Slaughter Analysis from Dr. Peel  Mon, 26 Sep 2022 10:20:05 CDT
  • Derrell Peel Sees Beef Cow Culling to Set All-Time Record by the Fourth Quarter of 2022  Mon, 26 Sep 2022 10:03:27 CDT
  • Dairy Defined: Butter and Cheese Keep Dairy's Rise Constant  Mon, 26 Sep 2022 09:17:18 CDT
  • NCBA's Beltway Beef Podcast: A Cattle Producer's Perspective on Conservation Programs  Mon, 26 Sep 2022 09:14:25 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Beef council Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Oklahoma City Farm Show Union Mutual Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.
       

       

    Search OklahomaFarmReport.com

    © 2008-2022 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.