China’s $6 Billion Soybean Buy Benefits Minnesota
MARSHALL, Minn. (AP) – China’s purchase of more than $6.6 billion in U.S. soybeans is a boon for Minnesota, one of the largest soybean producing states.
Soybean farmer Jim Call says it’s a “huge deal” for Minnesota, which exported an estimated $900 million in soybeans to China last year.
As chairman of the United Soybean Board’s international marketing committee, Call was on hand when a Chinese trade delegation visited with Gov. Mark Dayton, agricultural officials and lawmakers in St. Paul recently.
(Copyright 2011 by The Associated Press. All Rights Reserved.)